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    Blue Diamond Rd Las Vegas, NV 89178

    For Sale
    $8,500,000

    Prime 8.54-acre residential land parcel

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8.54-acre land site is located at the southwest corner of Blue Diamond Road and South Hualapai Way in Las Vegas, Nevada. The property boasts approximately 620 feet of frontage on Blue Diamond Road, a major thoroughfare. It's zoned General Highway Frontage (H-2) with a Planned Land Use designation of Outlying Neighborhood (up to 0.5 du/ac). This high-growth residential corridor has approximately 4,095 homes planned or under construction within a one-mile radius, presenting a significant opportunity for development. The site's strategic location captures traffic to and from Pahrump and Death Valley. Furthermore, its proximity to Spring Mountain Ranch State Park and the Red Rock Canyon National Conservation Area adds to its appeal. The asking price is $8,500,000, translating to $1,000,000 per acre. The property's APN is 17524501021 & 17524501017. This represents a unique opportunity to capitalize on the underserved retail corridor and the burgeoning residential growth in this area of Las Vegas. The property is ideal for various commercial developments given its zoning and high visibility location.

    Property Features for 0 Blue Diamond Rd

    General Information

    Property type
    Land
    Lot Size
    372,002 SF

    HighLights

    • 8.54‑acre land site at the southwest corner of Blue Diamond Road and South Hualapai Way, Las Vegas, NV.
    • Approximately 620 feet of frontage on Blue Diamond Road.
    • Zoned General Highway Frontage (H‑2) with Outlying Neighborhood (up to 0.5 du/ac) Planned Land Use.
    • High‑growth residential area with ~4,095 homes planned/under construction within one mile.
    • $8,500,000 asking price ($1,000,000/acre). APN: 17524501021 & 17524501017.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.31693875372
    Latitude
    36.023672481107

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    FAQs

    What type of property is this?
    Land - Prime 8.54-acre residential land parcel
    Where is this land located?
    The property is located at Blue Diamond Rd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $8,500,000.
    What are key features of this property?
    This property features: 8.54-acre land site at the southwest corner of Blue Diamond Road and South Hualapai Way, Las Vegas, NV.; Approximately 620 feet of frontage on Blue Diamond Road.; Zoned General Highway Frontage (H-2) with Outlying Neighborhood (up to 0.5 du/ac) Planned Land Use.
    (702) 954-4154
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    Blue Diamond Rd Las Vegas, NV 89178
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    Las Vegas, NV 89178
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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
    Blue Diamond Rd Las Vegas, NV 89178
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