Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land Ready to Build Title is generated by Realmo AI

    424 Kris Circle, North Las Vegas, NV 89030

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $120,000

    LAND - North Las Vegas, NV

    Lot size:
    0.24 Acres
    Added:
    Mar 5, 2026
    Days on Market:
    65
    Last Refresh:
    May 9 at 7:06 am

    Property Features for 424 Kris Circle

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    139-22-116-003
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Annual Amount
    568

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Ngai Lam

    Listing agent Ngai Lam License #S.0180808

    Listing office Executive Realty Services 3960 Howard Hughes Pkwy 500, Las Vegas, NV

    Listing date Mar 5, 2026

    MLS# 2761803 Listing URL

    Copyright © 2026 Las Vegas REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Ready to build or place a mobile home.
    • Water and sewer connections are already in place.
    • 240V Electrical panel is installed.
    • Concrete base is present.
    • Public water source available.
    • Lot is ready for immediate use.

    Overview

    This residential land, located in North Las Vegas, Nevada, is zoned for single-family use. The lot has a concrete base and includes water, sewer, and a 240V electrical panel. The 0.24-acre lot is ready for building or for placing a mobile home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.145756
    Latitude
    36.199512

    Nearby Similar for Sale

    • $33,888

      North Las Vegas Unimproved Land

      Spacious lot in a rapidly growing North Las Vegas area.
      Piper, North Las Vegas, NV 89030
      View Details
    • $1,250,000

      Commercial Paved Lot in Nevada

      Commercial land ideal for contractor or vehicle storage.
      1113 Sharp Circle, North Las Vegas, NV 89030
      View Details
    • $1,750,000

      Entitled Land in North Las Vegas

      Construction-ready 1.82-acre development site with 24 lots and water rights.
      700 W Carey Ave, North Las Vegas, NV 89030
      View Details
    • $94,900

      Large Lot, Custom Home Potential

      Spacious lot for custom home, near the Las Vegas Strip.
      Wisteria Avenue, North Las Vegas, NV 89032
      View Details
    • $900,000
      3,094 SF

      Multifamily Property in North Las Vegas

      Rare investment opportunity with three residences on one parcel.
      1649 Stocker Street, North Las Vegas, NV 89030
      View Details
    • $1,800,000
      5,500 SF

      Retail Center Near Mixed-Use Development

      Retail shopping center near Lake Mead and Simmons with redevelopment potential.
      3011 West Lake Mead Boulevard, North Las Vegas, NV 89032
      View Details
    • $2,200,000
      8,907 SF

      High-End Office & Warehouse Space

      Two-story office and warehouse in Cheyenne West Corporate Center.
      2645 W Cheyenne Ave, North Las Vegas, NV 89032
      View Details
    • $24,888

      Residential Lot in North Las Vegas

      0.12-acre single-family residential lot in a growing area.
      Windsor, North Las Vegas, NV 89030
      View Details
    • $259,000

      Vacant Land Ready For Development

      Corner lot zoned RE, potential office/professional use, no HOA.
      W San Miguel Ave, North Las Vegas, NV 89032
      View Details
    • $900,000

      Land in Booming North Las Vegas

      Commercial land in a growing North Las Vegas area.
      Donna, North Las Vegas, NV 89081
      View Details
    • $655,000
      3,869 SF

      North Las Vegas Fourplex Investment

      Well-maintained fourplex in North Las Vegas with long-term tenants.
      2101 Sun Avenue, North Las Vegas, NV 89030
      View Details
    • $600,000
      2,790 SF

      Tenant-Occupied Fourplex Investment Opportunity

      Fully occupied fourplex in North Las Vegas with immediate cash flow.
      2240 Webster Street, North Las Vegas, NV 89030
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land with utilities in place, ready for construction.
    Where is this residential land & home lot located?
    The property is located at 424 Kris Circle North Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: Ready to build or place a mobile home.; Water and sewer connections are already in place.; 240V Electrical panel is installed.
    (702) 980-0974
    We can help!
    Listing Contact
    Ngai Lam
    Real Estate License ID: S.0180808
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    424 Kris Circle, North Las Vegas, NV 89030
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!