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Property profile & analytics
OFF-MARKET
Land

0 Belmont St North Las Vegas, NV 89030

0.25 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.25 ac (10,890 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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