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    Cactus Ave Las Vegas, NV 89183

    Sponsored
    For Sale
    $5,999,999

    3.79 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.79-acre commercial land parcel presents a unique investment opportunity in Las Vegas, Nevada. Located at the southwest corner of Cactus Avenue and Maryland Parkway, this double-section corner lot boasts high visibility and accessibility. The property is zoned NC (Neighborhood Commercial), offering flexibility for a variety of commercial uses. Its strategic location, just one block from St. Rose Parkway, places it within a thriving area surrounded by residential communities, retail establishments, and major amenities such as Costco and St. Rose Parkway. All utilities are readily available nearby. The seller is willing to provide the buyer with time to pursue necessary zoning changes, if required. Given the current low inventory of commercial properties in this booming South Las Vegas area, this parcel represents a rare chance to acquire a significant land holding with substantial development potential. The property's APN is 177-34-501-002. The asking price is $5,999,999. Buyer is responsible for verifying all information. This is a C-Store site.

    Property Features for 0 Cactus Ave

    General Information

    Property type
    Land
    Lot Size
    165,092 SF

    HighLights

    • $5,999,999 asking price.
    • 3.79‑acre commercial land parcel.
    • NC (Neighborhood Commercial) zoning.
    • Located at the southwest corner of Cactus Ave and Maryland Pkwy in Las Vegas, NV (APN: 177‑34‑501‑002).
    • Utilities readily available.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1722224
    Latitude
    35.9992465

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    FAQs

    What type of property is this?
    Land - 3.79 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at Cactus Ave Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $5,999,999.
    What are key features of this property?
    This property features: $5,999,999 asking price.; 3.79-acre commercial land parcel.; NC (Neighborhood Commercial) zoning.
    Request Owner's contact information
    Cactus Ave Las Vegas, NV 89183
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    Las Vegas, NV 89183
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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
    Cactus Ave Las Vegas, NV 89183
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