0 Blue Diamond Rd Las Vegas, NV 89178
This exceptional 8.54-acre land site is located at the southwest corner of Blue Diamond Road and South Hualapai Way in Las Vegas, Nevada. The property boasts approximately 620 feet of frontage on Blue Diamond Road, a major thoroughfare. It's zoned General Highway Frontage (H-2) with a Planned Land Use designation of Outlying Neighborhood (up to 0.5 du/ac). This high-growth residential corridor has approximately 4,095 homes planned or under construction within a one-mile radius, presenting a significant opportunity for development. The site's strategic location captures traffic to and from Pahrump and Death Valley. Furthermore, its proximity to Spring Mountain Ranch State Park and the Red Rock Canyon National Conservation Area adds to its appeal. The asking price is $8,500,000, translating to $1,000,000 per acre. The property's APN is 17524501021 & 17524501017. This represents a unique opportunity to capitalize on the underserved retail corridor and the burgeoning residential growth in this area of Las Vegas. The property is ideal for various commercial developments given its zoning and high visibility location.
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
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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.