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    224 Baltimore Ave Las Vegas, NV 89102

    For Sale
    $325,000

    0.15-acre R-4 zoned lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.15-acre parcel presents a remarkable investment opportunity in the heart of Las Vegas, Nevada. Located at 224 W Baltimore Ave, Las Vegas, NV 89102 (APN 162-04-813-013), this flat lot is zoned R-4, permitting high-density residential development, ideal for multi-family projects. The property's central location offers unparalleled access to the city's vibrant amenities and attractions. Its designation as a BEA Tract may provide access to financial incentives for development, potentially streamlining the financing process. Serious offers will be considered. The asking price is $325,000. This information is believed to be accurate but is not warranted. Price and availability are subject to change without notice. Buyers are advised to conduct their own due diligence. The property's coordinates are 36.1469542439928 latitude and -115.1593989537302 longitude. Clark County provides the local government jurisdiction.

    Property Features for 224 Baltimore Ave

    General Information

    Property type
    Land
    Lot Size
    6,534 SF

    HighLights

    • 0.15‑acre flat lot in Downtown Las Vegas.
    • High‑density (R‑4) residential zoning, ideal for multifamily development.
    • Seller will consider all serious offers.
    • Located in a BEA Tract, potentially qualifying for financial incentives.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Hair Salon Restaurant Nail Salon Dental Office Daycare Center Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.15939895373
    Latitude
    36.146954243993

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    FAQs

    What type of property is this?
    Land - 0.15-acre R-4 zoned lot, prime location.
    Where is this land located?
    The property is located at 224 Baltimore Ave Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 0.15-acre flat lot in Downtown Las Vegas.; High-density (R-4) residential zoning, ideal for multifamily development.; Seller will consider all serious offers.
    (702) 271-2600
    Request Owner's contact information
    224 Baltimore Ave Las Vegas, NV 89102
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    Las Vegas, NV 89102
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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
    224 Baltimore Ave Las Vegas, NV 89102
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