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Property profile & analytics
OFF-MARKET
Land

0 College Dr Henderson, NV 89015

4.63 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.63-acre commercial land parcel is ideally situated in Henderson, Nevada's desirable Mission Hills neighborhood, boasting a prime location on College Drive between Mission Drive and Patti Ann Woods Drive. Directly across from Mission Hills Park and conveniently located off the College Drive and I-11 off-ramp, this property offers unparalleled access and visibility. Currently zoned R-1 (allowing for up to 5 residential lots), the City of Henderson may consider R-2 zoning (10 lots), subject to development requirements. The property is generally flat, though minor drainage work is needed in the northwest corner, and the developer will be responsible for completing a portion of Trenier Drive and meeting other city development stipulations. Utilities, including water and sewer, are available at the site, requiring completion of an existing 8" water loop and sewer line along Trenier Drive. The property is not located within a 100-year flood zone. Annual property taxes are $4,505.12 (post-CAP reduction). This presents a unique opportunity for residential development in a thriving community with above-average public schools and a strong population of young professionals. The asking price is $1,800,000, translating to $388,769 per acre. APN: 179-325-01-011.

Property profile
Verified
Property type Land
Lot 4.63 ac (201,683 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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