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    8664 Craig Rd Las Vegas, NV 89129

    Sponsored
    For Sale
    $2,225,000

    5 Acres, Residential Zoning, $2.2M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre parcel in Northwest Las Vegas presents a unique investment opportunity. Located at 8664 W Craig Rd, Las Vegas, NV 89129, this leveled land boasts prime West Craig Road frontage and is conveniently close to the CC-215 freeway. The property is zoned R-E, allowing for two units per acre, maximizing development potential. With an asking price of $2,225,000, this translates to $445,000 per acre. The property includes APNs 138-05-601-019 and 138-05-601-020. Note that an additional, separately priced 5-acre parcel (APN 138-05-601-017, asking $3,500,000) is also available. This prime location and flexible zoning make this an ideal site for residential development. Serious inquiries only. All information deemed reliable but not guaranteed.

    Property Features for 8664 Craig Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • APN: 138‑05‑601‑019/ -020
    • $445,000 per acre
    • 5 acres of level land
    • R‑E zoning (2 units per acre)
    • West Craig Road frontage
    • Proximity to CC‑215
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Hair Salon Clothing Store Gym & Fitness Pharmacy Department Store Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.28530488666
    Latitude
    36.240957890768

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    FAQs

    What type of property is this?
    Land - 5 Acres, Residential Zoning, $2.2M
    Where is this land located?
    The property is located at 8664 Craig Rd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $2,225,000.
    What are key features of this property?
    This property features: APN: 138-05-601-019/ -020; $445,000 per acre; 5 acres of level land
    (702) 765-8888
    Request Owner's contact information
    8664 Craig Rd Las Vegas, NV 89129
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    Las Vegas, NV 89129
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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
    8664 Craig Rd Las Vegas, NV 89129
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