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    10230 Las Vegas Blvd Las Vegas, NV 89183

    For Sale
    $8,000,000

    Prime 5+ Acre Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.06 +/- acre commercial land parcel presents a significant investment opportunity in the thriving South Vegas Valley. Located at 10230 S Las Vegas Blvd, Las Vegas, NV 89183, this property boasts a highly desirable location near the South Point Casino & Resort, benefiting from the area's robust growth and development. The land is comprised of four parcels (APN #s 177-28-301-015/016/018/019) and is zoned H-1, allowing for a variety of uses including limited resort and apartment development, compatible commercial ventures, and mixed commercial and residential projects. The Planned Land Use designation is EM – Entertainment Mixed Use, reflecting the area's dynamic character. This prime location offers unparalleled access to major transportation routes and a wealth of amenities, making it ideal for a wide range of commercial developments. The asking price for this exceptional property is $8,000,000. The property is situated in unincorporated Clark County within the Enterprise Jurisdiction. This presents a unique chance to capitalize on the burgeoning South Vegas Valley market and create a landmark development. Serious inquiries are encouraged.

    Property Features for 10230 Las Vegas Blvd

    General Information

    Property type
    Land
    Lot Size
    220,414 SF

    HighLights

    • 5.06+/- acre commercial land parcel in the South Vegas Valley, Las Vegas, NV.
    • Located at 10230 S Las Vegas Blvd, near South Point Casino & Resort.
    • Four parcels (APN #s 177‑28‑301‑015/016/018/019), H‑1 zoning allowing for resort, apartment, and mixed‑use development.
    • Planned Land Use: EM (Entertainment Mixed Use).
    • Asking price: $8,000,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1724056
    Latitude
    36.00368

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    FAQs

    What type of property is this?
    Land - Prime 5+ Acre Commercial Lot
    Where is this land located?
    The property is located at 10230 Las Vegas Blvd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $8,000,000.
    What are key features of this property?
    This property features: 5.06+/- acre commercial land parcel in the South Vegas Valley, Las Vegas, NV.; Located at 10230 S Las Vegas Blvd, near South Point Casino & Resort.; Four parcels (APN #s 177-28-301-015/016/018/019), H-1 zoning allowing for resort, apartment, and mixed-use development.
    Request Owner's contact information
    10230 Las Vegas Blvd Las Vegas, NV 89183
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    Las Vegas, NV 89183
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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
    10230 Las Vegas Blvd Las Vegas, NV 89183
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