Spg Mtn Rd Spring Valley, NV 89117
- Land
- 5.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Spg Mtn Rd
- Lot size
- 5.00 lot acres
- Property type
- Land
Description
This exceptional 5-acre commercial land parcel, located on Spring Mountain Road in Las Vegas, Nevada (zip code 89117), presents a remarkable development opportunity. The property boasts a highly desirable C-2/Corridor Mixed-Use (CM) zoning designation, perfect for a variety of commercial ventures. Situated in a high-traffic area with strong demographics, this vacant land offers unparalleled visibility and accessibility. The site enjoys a striped view and benefits from its proximity to numerous national and regional businesses, including Sam's Club, Walmart, 99 Cent Store, Panda Express, Petco, Krispy Kreme, Wingstop, Applebee's, and IHOP. This prime location within the Chinatown Corridor ensures significant foot and vehicle traffic, creating a robust market for any development. The property's APN is 163-15-610-023. The asking price for this 5-acre lot is $7,950,000. Note that an adjacent 2.71-acre lot is also available, potentially expanding the total acreage to approximately 8 acres. Interested parties should inquire about pricing for the combined lots. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Las Vegas location. The property's strategic location and zoning make it an ideal investment for developers seeking to capitalize on the area's robust growth and high demand.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spring Valley
- County
- Clark
- State
- Nevada
- Longitude
- -115.279
- Latitude
- 36.1259
