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    Lake Mead Blvd Las Vegas, NV 89115

    Sponsored
    For Sale
    $1,650,000

    2.48 Acres, Prime Location, High Growth

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.48-acre commercial land parcel is strategically located at the intersection of East Lake Mead Boulevard and North Walnut Road in Las Vegas, Nevada (APN: 140-19-204-025 & 017). Zoned Commercial General, this property offers two convenient access points, providing excellent visibility and accessibility. East Lake Mead Boulevard serves as a major east-west thoroughfare, connecting various parts of the city and offering easy access to Interstate 15 and public transportation. The area is experiencing significant revitalization, with infrastructure improvements and new residential developments underway by national homebuilders, creating a dynamic and growing market. The property's location within a mixed-use area, encompassing commercial, industrial, and residential zones, presents a unique opportunity for diverse development possibilities. This prime location offers significant potential for investors seeking to capitalize on the ongoing growth and development in North Las Vegas. The asking price is $1,650,000. The property's central location within the Las Vegas Valley, coupled with its Commercial General zoning, makes it an attractive investment for a wide range of commercial and potentially residential projects. This is a rare opportunity to acquire a substantial land parcel in a rapidly developing area of Las Vegas.

    Property Features for 0 Lake Mead Blvd

    General Information

    Property type
    Land
    Lot Size
    108,029 SF

    HighLights

    • 2.48‑acre commercial land parcel in Las Vegas, NV.
    • Zoned Commercial General.
    • Prime location at the signalized intersection of E. Lake Mead Blvd. and N. Walnut Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.08917180047
    Latitude
    36.196340319755

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    FAQs

    What type of property is this?
    Land - 2.48 Acres, Prime Location, High Growth
    Where is this land located?
    The property is located at Lake Mead Blvd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 2.48-acre commercial land parcel in Las Vegas, NV.; Zoned Commercial General.; Prime location at the signalized intersection of E. Lake Mead Blvd. and N. Walnut Rd.
    Request Owner's contact information
    Lake Mead Blvd Las Vegas, NV 89115
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    Las Vegas, NV 89115
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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
    Lake Mead Blvd Las Vegas, NV 89115
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