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    812 Stewart Ave Las Vegas, NV 89101

    For Sale
    $850,000

    Prime Downtown location, mixed-use zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.36-acre land parcel, located at the corner of Stewart Avenue and 9th Street in Downtown Las Vegas, presents a unique investment opportunity. The property, encompassing two contiguous parcels (APN 139-34-612-038 & 039), is zoned T5 Main Street, allowing for a diverse range of uses including residential, retail, office, and entertainment. This flexible zoning permits the development of mid-rise buildings (three to five stories), with reduced parking requirements to encourage pedestrian activity and alternative transportation. The site benefits from excellent visibility due to its prominent corner location and enjoys convenient access to major freeways (US 95 and I-15), as well as South Las Vegas Boulevard. Its strategic location just north of the Fremont East Entertainment District places it within a rapidly revitalizing area, experiencing increased demand driven by projects such as Symphony Park, the Medical District, new casino developments, and successful high-rise mixed-use residential constructions. Furthermore, the property's proximity to the ACE Downtown Connector Project (scheduled for completion in early 2025) will enhance connectivity to the resort corridor. The asking price for this remarkable property is $850,000.

    Property Features for 812 Stewart Ave

    General Information

    Property type
    Land
    Lot Size
    15,682 SF

    HighLights

    • 0.36‑acre corner lot at Stewart Avenue and 9th Street in Downtown Las Vegas.
    • T5 Main Street zoning allows residential, retail, office, and entertainment uses.
    • High visibility corner location with easy freeway access (US 95 and I‑15) and proximity to Las Vegas Boulevard.
    • Asking price: $850,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.134878
    Latitude
    36.169933

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    FAQs

    What type of property is this?
    Land - Prime Downtown location, mixed-use zoning.
    Where is this land located?
    The property is located at 812 Stewart Ave Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 0.36-acre corner lot at Stewart Avenue and 9th Street in Downtown Las Vegas.; T5 Main Street zoning allows residential, retail, office, and entertainment uses.; High visibility corner location with easy freeway access (US 95 and I-15) and proximity to Las Vegas Boulevard.
    (702) 836-3727
    Request Owner's contact information
    812 Stewart Ave Las Vegas, NV 89101
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    Las Vegas, NV 89101
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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
    812 Stewart Ave Las Vegas, NV 89101
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