& La Cienega Windmill Ln, Las Vegas, NV 89123
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.