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    100 Palo Verde Dr Henderson, NV 89015

    Sponsored
    For Sale
    $1,200,000

    1.36 Acres, Multifamily Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.36-acre development site, located at 100 Palo Verde Dr, Henderson, NV 89015 (APN 17920503001), presents a compelling investment opportunity. Priced at $1,200,000, this stabilized land parcel offers significant potential for various multifamily developments. The property's zoning allows for the construction of 6 to 8 homes or an adult assisted living facility, catering to the growing demand in this thriving area. Situated in the heart of Henderson, near newly remodeled shopping centers and upcoming community centers, this location boasts excellent visibility from Boulder Highway and Palo Verde Drive. Its proximity to major freeways ensures convenient access and high traffic flow. The surrounding Mission Hills Estates further enhance the desirability of this location. This prime land parcel represents a rare chance to capitalize on the rapid growth along Boulder Highway, making it an ideal investment for developers seeking a high-return project in a dynamic and desirable Nevada market. The property is classified as Land and Multifamily, specifically a Development Site.

    Property Features for 100 Palo Verde Dr

    General Information

    Property type
    Multifamily properties

    HighLights

    • 1.36‑acre development site suitable for 6‑8 single‑family homes or an assisted living facility.
    • Excellent location near newly remodeled shopping centers, upcoming community centers, and Mission Hills Estates, offering high visibility from Boulder Highway and Palo Verde, with close freeway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Clark
    State
    Nevada
    Longitude
    -114.962819
    Latitude
    36.025874

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    FAQs

    What type of property is this?
    Multifamily property - 1.36 Acres, Multifamily Potential
    Where is this multifamily property located?
    The property is located at 100 Palo Verde Dr Henderson, NV.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 1.36-acre development site suitable for 6-8 single-family homes or an assisted living facility.; Excellent location near newly remodeled shopping centers, upcoming community centers, and Mission Hills Estates, offering high visibility from Boulder Highway and Palo Verde, with close freeway access.;
    Request Owner's contact information
    100 Palo Verde Dr Henderson, NV 89015
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    Henderson, NV 89015
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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
    100 Palo Verde Dr Henderson, NV 89015
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