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    3.23 Ac Iron Horse Ct Las Vegas, NV 89106

    For Sale
    $7,900,000

    Prime Commercial/Industrial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.23-acre land parcel, encompassing two parcels with APN 139-33-810-007/008, presents a remarkable investment opportunity in the heart of Las Vegas, Nevada. Located at 3.23 Ac Iron Horse Ct, Las Vegas, NV 89106 (36.1613306, -115.1580128), this property is zoned PUD (Planned Unit Development) and offers significant potential for various commercial and industrial uses. The asking price is $7,900,000. Situated in a prime location within Clark County, this land boasts convenient access to several key attractions, including Symphony Park, the Smith Center, the Premium Outlet Mall, and the Clark County Government Center. Its proximity to the Arts District further enhances its desirability. The property benefits from an improved road system complete with lighting and sidewalks, ensuring ease of access and functionality. The 2024/25 property taxes are listed at $33,464.78. The area is experiencing significant growth, with a new art museum planned for construction adjacent to the Smith Center, promising further development and increased property value. This presents a unique chance to acquire a substantial land holding in a rapidly evolving and highly sought-after area of Downtown Las Vegas.

    Property Features for 0 3.23 Ac Iron Horse Ct

    General Information

    Property type
    Land
    Lot Size
    140,699 SF

    HighLights

    • Prime Downtown location, close to popular attractions.
    • New art museum planned adjacent to Smiths Center in Downtown.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1580128
    Latitude
    36.1613306

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Industrial Land
    Where is this land located?
    The property is located at 3.23 Ac Iron Horse Ct Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $7,900,000.
    What are key features of this property?
    This property features: Prime Downtown location, close to popular attractions.; New art museum planned adjacent to Smiths Center in Downtown.;
    Request Owner's contact information
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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
    3.23 Ac Iron Horse Ct Las Vegas, NV 89106
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