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    OFF-MARKET
    Land

    3123 Rainbow Blvd, Las Vegas, NV 89146

    2.82 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.82-acre commercial land parcel presents a unique investment opportunity in Las Vegas, Nevada. Located at the northwest corner of South Rainbow Boulevard and Palmyra Avenue, this property boasts a prime location with exceptional visibility and accessibility. The site is zoned Commercial Professional (CP), allowing for immediate development. Pre-approved entitlements and existing site plans streamline the development process, minimizing delays and maximizing return on investment. With approximately 111,500 vehicles passing daily, this high-traffic area ensures significant exposure for any future development. The property benefits from its proximity to key amenities, including hospitals, schools, and other upcoming developments, creating a thriving and desirable environment. Easy access to major highways north and south of the site further enhances its strategic appeal. The APN is 163-10-707-011. This land is ideally suited for a variety of commercial or mixed-use projects, making it an attractive proposition for discerning investors seeking a prime location in a rapidly growing area of Las Vegas. The asking price is $3,000,000. The address is 3123 S Rainbow Blvd, Las Vegas, NV 89146.

    Property profile
    Verified
    Property type Land
    Lot 2.82 ac (122,839 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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