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    James A Bilbray Pkwy Laughlin, NV 89029

    For Sale
    $1,750,000

    122 Lots, 7.85 Acres, R3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7.85-acre land parcel in Laughlin, Nevada, presents a prime opportunity for residential development. Located on S James A Bilbray Pkwy, with the APN 264-28-210-001 through 098 and 264-28-210-148 through 171, this property is zoned R3, allowing for multiple-family residential construction at a density of 18 units per acre. A recorded condominium map is already in place, outlining plans for 122 individual condominium lots. The asking price is $1,750,000, translating to approximately $14,344 per door. The land boasts improved roads with curbs and lights, ensuring convenient access and infrastructure. Water availability is confirmed, although developer water fees of $3,075 per unit apply. This development benefits from its location in a thriving Laughlin residential area, close to the Colorado River and various recreational amenities. Importantly, there are no homeowner's association fees associated with this property, offering greater flexibility for future development. This is a unique chance to capitalize on the strong demand for residential units in this desirable location. The approved and recorded map for the 122 condominium lots simplifies the development process, minimizing potential delays and streamlining the project timeline.

    Property Features for 0 James A Bilbray Pkwy

    General Information

    Property type
    Land
    Lot Size
    341,946 SF

    HighLights

    • Desirable Laughlin residential location.
    • Newly improved roadways.
    • Approved condo map for 122 units.
    • Proximity to Colorado River and recreational amenities.
    • No homeowner's association fees.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Laughlin
    County
    Clark
    State
    Nevada
    Longitude
    -114.6243126
    Latitude
    35.1290858

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    FAQs

    What type of property is this?
    Land - 122 Lots, 7.85 Acres, R3 Zoning
    Where is this land located?
    The property is located at James A Bilbray Pkwy Laughlin, NV.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Desirable Laughlin residential location.; Newly improved roadways.; Approved condo map for 122 units.
    Request Owner's contact information
    James A Bilbray Pkwy Laughlin, NV 89029
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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
    James A Bilbray Pkwy Laughlin, NV 89029
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