0 Neighborhood Commercial Cor Las Vegas, NV 89108
This exceptional 2.5-gross-acre commercial land parcel presents a remarkable investment opportunity in Las Vegas, Nevada. Located at a prime corner lot off West Cheyenne Avenue, near the Lake Mead intersection, this infill property boasts a highly desirable location surrounded by existing development. The property's APN is 138-11-805-001, and it's zoned for neighborhood commercial use, offering a multitude of development possibilities. The asking price is $1,850,000, translating to $740,000 per acre. With approximately 108,900 square feet of land, this translates to a price per square foot of $16.99. The property's convenient location and high-growth potential make it an ideal investment for developers seeking to capitalize on the thriving Las Vegas market. While the gross acreage is 2.5 acres, the net acreage is approximately 1.95 acres. This property is ready for your vision. Serious inquiries only. The Clark County location and 89108 zip code add to its appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.