0 Belmont St North Las Vegas, NV 89030
This exceptional 0.25-acre parcel presents a compelling investment opportunity in North Las Vegas, Nevada. Zoned Single Family Medium Density (R-2), this land offers significant potential for development. Located on Belmont Street, the property enjoys convenient proximity to major transportation arteries, including I-15 and I-11 freeways, ensuring easy access to employment centers throughout the Las Vegas Valley. Its strategic location is approximately 1.7 miles from North Las Vegas Boulevard and City Hall, placing it within a rapidly developing area. The surrounding region is experiencing substantial revitalization, highlighted by the nearby NLV Gateway project – a $260 million mixed-use development encompassing medical offices, retail, restaurants, multifamily housing, and micro-business units, projected to create nearly 1,000 permanent jobs. This development, along with other ongoing projects, underscores the area's growth trajectory and presents a strong case for future appreciation. The property's APN is 139-24-610-010. The asking price for this promising development site is $275,000. This is a perfect opportunity for small-scale development projects capitalizing on the area's revitalization and job growth. The property is suitable for multifamily or residential development.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.