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    Russell Rd Henderson, NV 89011

    Sponsored
    For Sale
    $1,100,000

    Prime 0.76-acre commercial lot in Henderson, NV

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.76-acre commercial land parcel presents a unique investment opportunity in Henderson, Nevada. Located at the corner of East Russell Road and New Beginnings Drive, this property boasts over 250 feet of frontage along Russell Road, offering unparalleled visibility and accessibility. Its strategic location between Boulder Highway and Interstate 95 ensures high traffic volume and exposure to a large customer base. The property is zoned C-2, allowing for a wide range of commercial uses, including automotive services, gas stations, car washes, and quick-service restaurants. Existing infrastructure includes sidewalks, gutters, and streetlights, with utilities conveniently stubbed nearby. While the buyer/tenant is responsible for verifying improvements and feasibility, this site offers significant potential for development or lease. The property's proximity to key landmarks such as Central Church, LVAC Fitness Center, Henderson Hospital, and the Union Village development further enhances its desirability. This is an exceptional opportunity to acquire a prime commercial lot in a thriving Henderson location. The asking price is $1,100,000. The Assessor's Parcel Number (APN) is 161-34-510-003. This property is offered for sale, build-to-suit, or ground lease.

    Property Features for 0 Russell Rd

    General Information

    Property type
    Land
    Lot Size
    33,106 SF

    HighLights

    • 0.76‑acre corner lot.
    • Available for sale, build‑to‑suit, or ground lease.
    • Over 250 feet of frontage on Russell Road.
    • C‑2 zoning.
    • Excellent location near Central Church, LVAC, Henderson Hospital, and Union Village.
    • Strategically positioned between I‑95 and Boulder Highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Henderson
    County
    Clark
    State
    Nevada
    Longitude
    -115.0067105
    Latitude
    36.0866748

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    FAQs

    What type of property is this?
    Land - Prime 0.76-acre commercial lot in Henderson, NV
    Where is this land located?
    The property is located at Russell Rd Henderson, NV.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 0.76-acre corner lot.; Available for sale, build-to-suit, or ground lease.; Over 250 feet of frontage on Russell Road.
    (702) 471-1118
    Request Owner's contact information
    Russell Rd Henderson, NV 89011
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    Henderson, NV 89011
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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
    Russell Rd Henderson, NV 89011
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