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Property profile & analytics
OFF-MARKET
Land

0 Blue Diamond Rd Las Vegas, NV 89178

8.54 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 8.54 ac (372,002 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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