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    Rainbow and Patrick Patrick Ln And Santa Margarita St Las Vegas, NV 89118

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    For Sale
    $2,570,911

    Vacant land with easy access to I-215.

    Property size:
    2 SF
    Lot size:
    2.27 Acres

    Property Features for Rainbow and Patrick Patrick Ln And Santa Margarita St

    General Information

    Zoning
    Business Employment (BE)
    Size
    2 SF
    Lot size
    2.27 Acres

    Source: Taylor Peterson Agent Taylor Peterson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    2.27 Acres Vacant Land

    This property features 2.27 acres of vacant land. It is located just east of Rainbow Boulevard off Patrick Lane, at the intersection of Patrick Lane and Santa Margarita Street. The site offers convenient access to I-215. The location is approximately 10 minutes from the airport, 15 minutes from the Strip, 15 minutes from Downtown Summerlin, and 25 minutes from Downtown Las Vegas.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.212
    Latitude
    36.079

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    FAQs

    What type of property is this?
    Land - Vacant land with easy access to I-215.
    Where is this land located?
    The property is located at Rainbow and Patrick Patrick Ln And Santa Margarita St Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $2,570,911.
    What are key features of this property?
    This property features: - 2.27 Acres of vacant land; - Easy access from I-215; - Just 10 minutes to the Airport
    (702) 701-9700
    Request Owner's contact information
    Rainbow and Patrick Patrick Ln And Santa Margarita St Las Vegas, NV 89118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Rainbow and Patrick Patrick Ln And Santa Margarita St Las Vegas, NV 89118
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