0 James A Bilbray Pkwy Laughlin, NV 89029
This exceptional 7.85-acre land parcel in Laughlin, Nevada, presents a prime opportunity for residential development. Located on S James A Bilbray Pkwy, with the APN 264-28-210-001 through 098 and 264-28-210-148 through 171, this property is zoned R3, allowing for multiple-family residential construction at a density of 18 units per acre. A recorded condominium map is already in place, outlining plans for 122 individual condominium lots. The asking price is $1,750,000, translating to approximately $14,344 per door. The land boasts improved roads with curbs and lights, ensuring convenient access and infrastructure. Water availability is confirmed, although developer water fees of $3,075 per unit apply. This development benefits from its location in a thriving Laughlin residential area, close to the Colorado River and various recreational amenities. Importantly, there are no homeowner's association fees associated with this property, offering greater flexibility for future development. This is a unique chance to capitalize on the strong demand for residential units in this desirable location. The approved and recorded map for the 122 condominium lots simplifies the development process, minimizing potential delays and streamlining the project timeline.
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
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.