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2929 Ringe Ln Las Vegas, NV 89156

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2 ac lot
No photos on file
For Lease
Contact for pricing 1,700 SF available
2929 Ringe Ln, Las Vegas, NV 89156
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Estimated value
No estimation on file for this property yet.
Property ID US62-1295846

Property summary

AI-generated overview

This exceptional 2-acre industrial property, located at 2929 N Ringe Ln, Las Vegas, NV 89156, presents a unique investment opportunity. Situated on a sizable 87,120 square foot lot, the property is zoned M-1 (BE) with APN 176-23-401-015 and boasts a convenient location near Rainbow and Gary. Currently featuring a house with a well and septic system, the property is ideal for a variety of industrial uses. The zoning can be changed to IL (M1), a relatively straightforward process estimated to take approximately two to three months, making it a flexible option for future development. The property is fully fenced and includes a paved area, providing ample space for outdoor storage and parking. A one-year lease term may be considered. This is a prime opportunity to acquire a substantial industrial parcel in a desirable Las Vegas location. The property's size and existing infrastructure make it an attractive prospect for businesses seeking a versatile and well-located space. The existing house, well, and septic system offer immediate utility, while the potential for zoning modification opens up a range of future development possibilities. The paved area and fencing add significant value, providing ready-made storage and security.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)
UPID US62-1295846

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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