Technical
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Property profile

0 Racel St Las Vegas, NV 89166

OFF-MARKET
Land
2.5 ac lot
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Property summary

AI-generated overview

This exceptional 2.5-acre (±) parcel of land presents a unique opportunity in the desirable Kyle Canyon area of Las Vegas, Nevada. Located on Racel St, with APN 126-08-301-006, this property is zoned Ru (Rural Open) allowing for 0.5 units per acre. Priced competitively at $172,800, this land offers breathtaking views and proximity to outdoor recreation. The property is situated near the Spring Mountain Range and Recreation Area, providing easy access to numerous hiking trails ranging in difficulty. Mount Charleston, the highest peak in the range, is a short distance away, offering stunning scenery and cooler temperatures than the Las Vegas valley. The area boasts several campgrounds and picnic areas, perfect for enjoying the natural beauty. For winter enthusiasts, the popular Lee Canyon ski resort is also nearby. An adjacent 2.07-acre parcel (APN 126-08-301-008) is also available for purchase at the same price, presenting a potential for expansion or investment. This is an ideal location for those seeking a tranquil escape while remaining within reach of Las Vegas amenities. The property is located in Clark County, Nevada, zip code 89166.

Property profile

Verified
Property type Land
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Racel St Las Vegas, NV 89166
Las Vegas metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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