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    375 Mesquite Ave Pahrump, NV 89060

    Sponsored
    For Sale
    $5,500,000

    Prime Pahrump development land. 113.9 acres, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 113.9-acre land parcel presents a remarkable investment opportunity in Pahrump, Nevada. Located at the highly coveted southeast corner of Blagg and Mesquite, this property comprises three separate parcels (APN: 03566102-03566103-03566104) totaling 113.9 acres and zoned RE1. The property boasts significant advantages, including existing water and sewer main lines along Blagg and Mesquite, eliminating substantial infrastructure costs. The inclusion of 320 acre-feet of water rights further enhances its development potential. Situated in a rapidly growing area, adjacent to the nearly sold-out Riverstone Housing development, this location offers unparalleled access and visibility. Its prime corner location on two major Pahrump Valley roads ensures high traffic and exposure, making it ideal for a variety of commercial or residential projects. The property is ready for immediate development, presenting a unique chance to capitalize on the burgeoning Pahrump market. This is a rare opportunity to acquire a large, well-situated parcel with significant water rights and immediate development potential. The asking price is $5,500,000.

    Property Features for 375 Mesquite Ave

    General Information

    Property type
    Land
    Lot Size
    4,961,484 SF

    HighLights

    • Corner lot ready for development at the intersection of two major Pahrump Valley roads.
    • Water and sewer utilities available on Blagg and Mesquite Roads; connection fees apply.
    • Adjacent to the nearly sold‑out Riverstone Housing development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Department Store Bar & Pub Storage Facility Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Pahrump
    County
    Nye
    State
    Nevada
    Longitude
    -116.007988
    Latitude
    36.2470659

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    FAQs

    What type of property is this?
    Land - Prime Pahrump development land. 113.9 acres, ready to build.
    Where is this land located?
    The property is located at 375 Mesquite Ave Pahrump, NV.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Corner lot ready for development at the intersection of two major Pahrump Valley roads.; Water and sewer utilities available on Blagg and Mesquite Roads; connection fees apply.; Adjacent to the nearly sold-out Riverstone Housing development.
    Request Owner's contact information
    375 Mesquite Ave Pahrump, NV 89060
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    Pahrump, NV 89060
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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
    375 Mesquite Ave Pahrump, NV 89060
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