Property profile

& La Cienega Windmill Ln Las Vegas, NV 89123

OFF-MARKET
Land
1.93 ac lot
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Property summary

AI-generated overview

This exceptional 1.93-acre parcel, located at the Northwest corner of Windmill Lane and La Cienega in Las Vegas, Nevada (zip code 89123), presents a unique investment opportunity. The property, identified by APN 177-09-805-010, is zoned RS-20, allowing for a variety of commercial and residential uses. Its strategic location offers easy access to major transportation arteries, including the I-15 freeway, and proximity to established amenities such as the Silverton Resort & Casino. The land boasts existing infrastructure improvements including a fence, sidewalks, curbs, and gutters, significantly reducing development costs. Utilities are readily available nearby. The annual property taxes are $2,275.40. This versatile property is ideal for developers seeking to capitalize on the growing Las Vegas market. The planned land use designates it for neighborhood commercial development, making it an attractive option for businesses seeking a high-visibility location. The lot size is approximately 20,000 square feet per lot. This offering presents a compelling opportunity to acquire a well-situated parcel with significant potential for future growth and profitability. The asking price is $1,995,000.

Property profile

Verified
Property type Land
Lot 1.93 ac (84,071 SF)

Cap rate & NOI

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

Location

& La Cienega Windmill Ln Las Vegas, NV 89123
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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