Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    433 Bannock St Mesquite, NV 89027

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $145,000

    LAND - Mesquite, NV

    Lot size:
    0.22 Acres
    Added:
    Jan 27, 2026
    Days on Market:
    98
    Last Refresh:
    May 5 at 9:06 pm

    Property Features for 433 Bannock St

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential, single famil
    Standard status
    Active Under Contract
    APN
    00117713054
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Annual Amount
    440

    We can help!

    Listing Contact
    John Larson
    John Larson

    Listing agent John Larson License #S.0077352

    Listing office RE/MAX Ridge Realty 450 Hillside Drive A101, Mesquite, NV

    Listing date Jan 27, 2026

    MLS# 1127309 Listing URL

    Copyright © 2026 Mesquite Real Estate Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Arrowhead Subdivision

    This 0.22-acre lot is located in the Arrowhead Subdivision. The property is a corner lot situated within a cul-de-sac. It is located near downtown Mesquite, several of Mesquite's park areas, pickleball courts, and walking trails. The subdivision has no HOA, allowing owners to bring their own builder. The zoning is residential, single family.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Clark
    State
    Nevada
    Longitude
    -114.0769526
    Latitude
    36.800933

    Nearby Similar for Sale

    • $799,000

      Mesquite, NV Commercial Lot

      Prime light industrial commercial lot in Mesquite, Nevada for sale.
      686 Mayan Circle, Mesquite, NV 89027
      View Details
    • $740,000
      3,080 SF

      Mesquite Multifamily Investment Opportunity

      Great investment property with potential for increased returns.
      126 E First St N, Mesquite, NV 89027
      View Details
    • $449,900

      Prime Commercial Location in Mesquite

      Commercial lot in redevelopment district, close to city hall.
      120 E Mesquite Blvd, Mesquite, NV 89027
      View Details
    • $549,900

      Commercial Land in Prime Location

      Commercial land in Mesquite Blvd, next to City Hall.
      170 E Mesquite Blvd, Mesquite, NV 89027
      View Details
    • $309,000

      Commercial Lot in Prime Location

      Large commercial lot with flexible zoning and utility infrastructure.
      621 Mesa Blvd, Mesquite, NV 89027
      View Details
    • $699,000

      Mesquite Commercial Land Opportunity

      High-visibility corner lot suitable for commercial or residential development.
      390 Riverside Rd, Mesquite, NV 89027
      View Details
    • $1,100,000

      Commercial Land in Falcon Mesa

      1.63 acres in Falcon Mesa Business Park for sale.
      330 Falcon Ridge Pkwy, Mesquite, NV 89027
      View Details
    • $1,390,000

      Mesquite Land Near Casa Blanca

      4.38 acre commercial and multi-family land near Casa Blanca.
      777 Second South Street, Mesquite, NV 89027
      View Details
    • $2,500,000
      10,800 SF

      New Multifamily Units Near City Center

      New 12-unit multifamily property near Mesquite city center.
      100 E 1st S St, Mesquite, NV 89027
      View Details
    • $490,000

      Commercial Land in Falcon Mesa

      Ready-to-build commercial lot with utilities in Falcon Mesa Business Park.
      330 Falcon Ridge Parkway lot: 100, Mesquite, NV 89027
      View Details
    • $1,500,000

      Land Ready For Development

      Land available in a growing community, great investment opportunity.
      580 Canal St, Mesquite, NV 89027
      View Details
    • $475,000

      Commercial Land in Falcon Mesa

      Ready-to-build commercial lot with utilities in Falcon Mesa Business Park.
      330 Falcon Ridge Parkway lot: 300, Mesquite, NV 89027
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.22 acre corner lot near downtown Mesquite.
    Where is this residential land & home lot located?
    The property is located at 433 Bannock St Mesquite, NV.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: Prime Location: Steps away from Downtown Mesquite, parks, pickleball courts, and walking trails.; .22 Acre Corner Lot: Located on a corner and part of a cul‑de‑sac.; No HOA: Offers freedom and flexibility.
    (702) 808-2542
    We can help!
    Listing Contact
    John Larson
    John Larson
    Real Estate License ID: S.0077352
    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
    433 Bannock St, Mesquite, NV 89027
    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!