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    12097 Las Vegas Blvd Las Vegas, NV 89183

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    5-Acre Commercial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5-acre commercial land parcel presents a unique investment opportunity in the rapidly developing West Henderson corridor of Las Vegas, Nevada. Located at 12097 S Las Vegas Blvd, this property boasts a highly desirable H-1 (Limited Resort & Apartment) zoning designation, offering significant flexibility for development. The lot's prominent frontage on Las Vegas Boulevard and proximity to Bruner Avenue ensures high visibility and accessibility. Its strategic location provides easy access to major transportation arteries, including Interstate 15 and the CC 215 Beltway, enhancing its appeal to a wide range of potential developers. The surrounding area is experiencing substantial growth, with nearby established businesses such as The M Resort and Casino, the Raiders Headquarters & Practice Facility, and a Costco-anchored shopping center. Furthermore, the property benefits from its adjacency to Marnell's proposed new resort project and the 800+ unit Touchstone Living residential development, promising a vibrant and expanding neighborhood. The property's Assessed Parcel Number (APN) is 191-05-801-016. This prime location and flexible zoning make this a compelling opportunity for investors seeking to capitalize on the dynamic growth of the Las Vegas market. The Clark County location and 89183 zip code further solidify its desirability. This is a rare chance to acquire a significant land holding in a high-growth area with exceptional potential for future development.

    Property Features for 12097 Las Vegas Blvd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre parcel fronting Las Vegas Blvd. at Buner Ave.
    • H‑1 (Limited Resort & Apartment) zoning.
    • Excellent access to I‑15 and CC 215 Beltway in West Henderson.
    • Near The M Resort, Raiders facilities, and a Costco‑anchored shopping center.
    • Adjacent to a proposed resort and 800+ unit residential development.
    • APN 191‑05‑801‑016
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1736294
    Latitude
    35.9703542

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    FAQs

    What type of property is this?
    Land - 5-Acre Commercial Lot, Prime Location
    Where is this land located?
    The property is located at 12097 Las Vegas Blvd Las Vegas, NV.
    What are key features of this property?
    This property features: 5-acre parcel fronting Las Vegas Blvd. at Buner Ave.; H-1 (Limited Resort & Apartment) zoning.; Excellent access to I-15 and CC 215 Beltway in West Henderson.
    (702) 954-4154
    Request Owner's contact information
    12097 Las Vegas Blvd 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
    12097 Las Vegas Blvd Las Vegas, NV 89183
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