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    Rainbow Commercial Pad Las Vegas, NV 89130

    Sponsored
    For Sale
    $750,000

    Prime Commercial Lot, High Traffic Area, Build-Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.74-acre commercial land parcel presents a remarkable investment opportunity in the vibrant Las Vegas market. Located at 5031 N Rainbow Blvd, in Clark County, Nevada (zip code 89130), this property boasts a highly desirable location with exceptional visibility and accessibility. The lot is situated on a hard corner, offering maximum exposure to the high volume of traffic on N Rainbow Boulevard and Rancho Drive. Its strategic placement is further enhanced by its proximity to a convenience store, gas station, and a bar/tavern, ensuring a steady stream of potential customers for any future development. The property is zoned C2 General Commercial, allowing for a wide range of development possibilities, including vertical construction. The surrounding area is experiencing significant growth, with new apartment complexes and housing communities adding to the already robust population base. This prime location offers significant potential for immediate development or long-term appreciation. The APN is 125-34-712-014. The asking price is $750,000, translating to approximately $1,013,513.51 per acre. This presents a unique chance to capitalize on the thriving Las Vegas commercial real estate market. Options for lease, build-to-suit, and joint ventures may be available. The property is ready for immediate development.

    Property Features for 0 Rainbow Commercial Pad

    General Information

    Property type
    Land
    Lot Size
    32,234 SF

    HighLights

    • $750,000 asking price.
    • 0.74‑acre commercial land parcel.
    • Located in Las Vegas, NV (APN: 125‑34‑712‑014).
    • C‑2 General Commercial zoning.
    • High traffic count, near new housing and apartments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.2422711
    Latitude
    36.2405649

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, High Traffic Area, Build-Ready
    Where is this land located?
    The property is located at Rainbow Commercial Pad Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price.; 0.74-acre commercial land parcel.; Located in Las Vegas, NV (APN: 125-34-712-014).
    Request Owner's contact information
    Rainbow Commercial Pad Las Vegas, NV 89130
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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
    Rainbow Commercial Pad Las Vegas, NV 89130
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