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    Lake Mead Blvd Las Vegas, NV 89108

    For Sale
    $349,000

    Commercial/Residential Lot, $349,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.4-acre lot, located at the intersection of Fairhaven and West Lake Mead Boulevard in Las Vegas, Nevada (zip code 89108, APN 138-24-703-001), presents a unique investment opportunity. Currently zoned RE (Residential Estates) allowing for two units per acre within the City of Las Vegas jurisdiction, this property offers significant potential for redevelopment. The City of Las Vegas is open to rezoning applications to C-1 commercial zoning, expanding development possibilities. The land boasts convenient access via an improved road featuring sidewalks, curbs, and streetlights, enhancing its appeal and practicality. Security is enhanced by a newly installed custom gate equipped with a camera system. This versatile property is ideal for developers seeking to capitalize on its prime location and flexible zoning potential. The asking price is $349,000. Serious inquiries are encouraged to explore the possibilities of this strategically located land parcel in a rapidly growing area of Las Vegas. The property's location within Clark County offers easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-situated lot with significant upside potential.

    Property Features for 0 Lake Mead Blvd

    General Information

    Property type
    Land
    Lot Size
    17,424 SF

    HighLights

    • C‑1 zoning potential, subject to city approval.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.20824571684
    Latitude
    36.193104002175

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    FAQs

    What type of property is this?
    Land - Commercial/Residential Lot, $349,000
    Where is this land located?
    The property is located at Lake Mead Blvd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: C-1 zoning potential, subject to city approval.; ;
    Request Owner's contact information
    Lake Mead Blvd Las Vegas, NV 89108
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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
    Lake Mead Blvd Las Vegas, NV 89108
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