Technical
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Property profile

0 Racetrack & Boulder Hwy Henderson, NV 89015

OFF-MARKET
Land
2.55 ac lot
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Property summary

AI-generated overview

This exceptional 2.55-acre parcel in Henderson, Nevada, presents a remarkable investment opportunity. Located at the intersection of Racetrack and Boulder Highway, with APN numbers 179-21-402-003 and 179-21-301-007, this property is zoned MN (Mixed Use) within the Henderson jurisdiction. The MN zoning designation allows for a diverse range of development options, fostering a balanced blend of commercial and residential uses designed to encourage pedestrian activity and transit-oriented development. This zoning supports both horizontal and vertical mixed-use projects, including medium-density housing near pedestrian-friendly commercial spaces. The site is ideally suited for walkable neighborhood development, featuring existing sidewalks, streetlights, improved streets with curbs, and readily available utilities including water and sewer lines along Racetrack Road. A proposed site plan indicates the potential for subdivision into 11 total lots, comprising 8 residential lots and 3 common area lots. Water service is provided by an 8-foot water line, and sewer service is available via a 15-foot sewer line, both located on Racetrack Road. The asking price for this strategically located and versatile property is $1,200,000. This represents a unique chance to capitalize on Henderson's thriving market and create a vibrant, mixed-use development.

Property profile

Verified
Property type Land
Lot 2.55 ac (111,078 SF)

Cap rate & NOI

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

Location

Racetrack & Boulder Hwy Henderson, NV 89015
Henderson 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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