0 Rainbow Commercial Pad Las Vegas, NV 89130
This exceptional 0.74-acre commercial land parcel presents a remarkable investment opportunity in the vibrant Las Vegas market. Located at 5031 N Rainbow Blvd, in Clark County, Nevada (zip code 89130), this property boasts a highly desirable location with exceptional visibility and accessibility. The lot is situated on a hard corner, offering maximum exposure to the high volume of traffic on N Rainbow Boulevard and Rancho Drive. Its strategic placement is further enhanced by its proximity to a convenience store, gas station, and a bar/tavern, ensuring a steady stream of potential customers for any future development. The property is zoned C2 General Commercial, allowing for a wide range of development possibilities, including vertical construction. The surrounding area is experiencing significant growth, with new apartment complexes and housing communities adding to the already robust population base. This prime location offers significant potential for immediate development or long-term appreciation. The APN is 125-34-712-014. The asking price is $750,000, translating to approximately $1,013,513.51 per acre. This presents a unique chance to capitalize on the thriving Las Vegas commercial real estate market. Options for lease, build-to-suit, and joint ventures may be available. The property is ready for immediate development.
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
Similar Nearby for Lease
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.