Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    S Las Vegas Blvd. & Volunteer Blvd Henderson, NV 89044

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Assemblage for resort, mixed-use, or high-density residential development.

    Property Features for S Las Vegas Blvd. & Volunteer Blvd

    General Information

    Standard status
    Active
    Zoning
    CT

    We can help!

    Listing Contact
    Amy Ogden, SIOR
    Source: Crexi

    Listing Agency: LOGIC Commercial Real Estate Listing Agent: Amy Ogden, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Henderson Development Opportunity Near Las Vegas

    This assemblage presents a development opportunity in a rapidly growing market in Henderson. The property, zoned Tourist Commercial (CT), is suitable for resort, mixed-use, or high-density residential development. The location is at the southeast corner of South Las Vegas Boulevard and Volunteer Boulevard. The site has frontage of approximately 662 feet on Volunteer Boulevard and between approximately 307 and 660 feet on South Las Vegas Boulevard. Situated at the gateway to the Las Vegas Strip, the property is located at the first major interchange entering Las Vegas from California. The location benefits from high traffic counts, with over 33,400 cars per day on Las Vegas Boulevard. The parcel numbers are 191-09-301-001, 191-09-301-006, 191-09-301-007, and 191-09-301-008. The site offers visibility and frontage on main cross streets and has a development potential of approximately 5 to 14 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Henderson
    County
    Clark
    State
    Nevada
    Longitude
    -115.159
    Latitude
    35.9577

    Nearby Similar for Sale

    • $494,888
      1,566 SF

      Furnished Condo with Lake Views

      Furnished 3-bedroom condo in Lake Las Vegas community.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $199,000
      476 SF

      Furnished Studio with Lake Views

      Furnished studio near Lake Las Vegas with amenities included.
      29 Montelago Blvd, Henderson, NV 89011
      View Details
    • $388,000
      1,268 SF

      Lake Las Vegas Luxury Condo

      Renovated condo with lake views and resort-style amenities.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $340,000
      889 SF

      Lake Las Vegas Condo with Views

      Two-bedroom condo with lake and village views in Henderson.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $334,888
      967 SF

      Condominium at Lake Las Vegas

      Furnished 2-bedroom condominium with lake access and community amenities.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $575,000
      1,624 SF

      Remodeled Lake Las Vegas Residence

      Stunning 3-bedroom end unit with lake and village views.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $310,000
      760 SF

      Furnished Condo in Lake Las Vegas

      Turnkey one-bedroom condo with upgrades and lake access.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $342,000
      981 SF

      Lake Las Vegas Residence

      Two-bedroom residence with lake views and remodeled interiors.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $269,999
      735 SF

      Lake Las Vegas Condo with Views

      Top-floor condo with lake views and resort-style amenities.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details
    • $179,900
      454 SF

      Furnished Studio with Lake Views

      Furnished studio with lake and mountain views in Henderson, NV.
      29 Montelago Blvd, Henderson, NV 89011
      View Details
    • $1,626,000
      4,222 SF

      Medical Suite in Siena Office Park

      First-floor medical suite near St. Rose Dominican Hospital.
      2904 West Horizon Ridge Pkwy, Henderson, NV 89052
      View Details
    • $195,000
      409 SF

      Furnished Suite with Lake Views

      Comfortable, low-maintenance living in Lake Las Vegas community.
      30 Strada Di Villaggio, Henderson, NV 89011
      View Details

    FAQs

    What type of property is this?
    Commercial land - Assemblage for resort, mixed-use, or high-density residential development.
    Where is this commercial land located?
    The property is located at S Las Vegas Blvd. & Volunteer Blvd Henderson, NV.
    What are key features of this property?
    This property features: - Large-scale development opportunity (\u00b15-14 AC) in a rapidly growing Henderson market.; - Strategic location at the SEC of S. Las Vegas Blvd. & Volunteer Blvd., a gateway to the Las Vegas Strip.; - Flexible Tourist Commercial (CT) zoning allows for resort, mixed-use, or high-density residential development.
    Request Owner's contact information
    S Las Vegas Blvd. & Volunteer Blvd Henderson, NV 89044
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    S Las Vegas Blvd. & Volunteer Blvd
    Henderson, NV 89044
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    S Las Vegas Blvd. & Volunteer Blvd Henderson, NV 89044
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Amy Ogden, SIOR
    Real Estate License ID: NV 0069966
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!