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    Craig Rd Las Vegas, NV 89129

    Sponsored
    For Sale
    $1,250,000

    Prime residential land, excellent location. $1.25M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.5-acre parcel of land is located in Northwest Las Vegas, Clark County, Nevada, at the corner of West Craig Road and North El Capitan Way. The property, with APN 138-05-601-017, is listed at $1,250,000, translating to $500,000 per acre. The land is already leveled, offering significant development advantages. It's zoned R-E, permitting two units per acre, presenting substantial potential for residential construction. The convenient location offers easy access to the CC-215 freeway, enhancing its appeal and accessibility. This property is ideal for developers or investors seeking a prime residential land opportunity in a rapidly growing area of Las Vegas. The zip code is 89129. This is a for sale by owner listing. Serious inquiries only.

    Property Features for 0 Craig Rd

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • APN: 138‑05‑601‑017
    • $1,250,000 asking price
    • $500,000 per acre
    • Approximately 2.5 acres of leveled land
    • R‑E zoning (2 units per acre)
    • Corner of West Craig Road and North El Capitan Way, Northwest Las Vegas, NV 89129
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.27757334925
    Latitude
    36.241092203231

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    FAQs

    What type of property is this?
    Land - Prime residential land, excellent location. $1.25M
    Where is this land located?
    The property is located at Craig Rd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: APN: 138-05-601-017; $1,250,000 asking price; $500,000 per acre
    (702) 765-8888
    Request Owner's contact information
    Craig Rd Las Vegas, NV 89129
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    Las Vegas, NV 89129
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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
    Craig Rd Las Vegas, NV 89129
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