Las Vegas, NV 89139
- Land
- 1.25 lot acres
Current Use by Public Records
- Land
Property Details
- Lot size
- 1.25 lot acres
- Property type
- Land
Description
This exceptional 1.25-acre commercial lot sits at the highly visible southeast corner of Arville and West Serene in Enterprise, Nevada (zip code 89139). Currently zoned RS20 with a planned use designation of BE (Business Employment), this property presents a unique investment opportunity for developers and investors. The lot's strategic location offers unparalleled visibility and accessibility, benefiting from its proximity to the Army National Guard site across Arville Street. The property's zoning allows for a variety of development options, including multi-family or apartment complexes, while also presenting potential for rezoning to accommodate other commercial uses. The asking price is $1,500,000, translating to $1,200,000 per acre. This land parcel (APN 177-19-701-001) is situated within a rapidly developing area, experiencing significant growth in both commercial and residential sectors. Recent land acquisitions in the vicinity suggest a strong upward trend in property values, making this a compelling investment opportunity for those seeking to capitalize on the area's momentum. The property's location offers easy access to major infrastructure and amenities, further enhancing its appeal. This prime location and flexible zoning options make this a rare opportunity to shape the future of this dynamic area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.199
- Latitude
- 36.0208
