Listing Agency: Nevada Realty

Listed By: Leanna Murphy-DeGoede · License #S.0176547 Show Phone

Source: Elliman

Added: Mar 17 Changed: Oct 25 Last Checked: Oct 24 at 6:39PM

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Investment Insights

Based on property information with market context.

This vacant land parcel, totaling 0.4 acres, is zoned for multi-family use. The property's taxes are approximately $124 for the 2023-2024 tax year. Another property, located at 1391 New Way, is also for sale by the same sellers.

Key Highlights

• Zoned multi‑family, offering development potential.
• 0.4 acres of vacant land.
• Opportunity to purchase 1391 New Way from the same sellers.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Parts Store Plumbing Service Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Explore this area Business Placement

Demographics for 89048, NV

25,166

Population

11,571

Households

2.2

Avg Household Size

54

Median Age

13%

College-Educated

87%

High-School Grad

86.0 sq mi

ZIP Area

293

Density / Sq Mi

$55,747

Median Household Income

$35,405

Median Earnings

$1,162

Median Rent

$292,400

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 0.4 acres of vacant land zoned for multi-family use.

Where is this residential land & home lot located?

The property is located at 1401 S New Way Pahrump, NV.

What is the asking price?

The asking price for this property is $32,000.

What are key features of this property?

This property features: Zoned multi‑family, offering development potential.; 0.4 acres of vacant land.; Opportunity to purchase 1391 New Way from the same sellers.