1326 M.l.k. Blvd Las Vegas, NV 89106
This exceptional 2.22-acre commercial land parcel, located at 1326-1418 N Martin Luther King Blvd in Las Vegas, Nevada (APN: 139-28-501-004, 139-28-501-005), presents a prime development opportunity in the rapidly transforming Historic Westside. Zoned T4-C, this vacant land boasts approximately 700 feet of frontage on N Martin Luther King Blvd, offering excellent visibility and accessibility. The property benefits from high traffic volume, with approximately 63,000 vehicles passing daily on N. Martin Luther King Blvd and W. Owens Ave. Its strategic location provides convenient access to major transportation arteries, including the I-15 & I-11/Hwy 95 interchange, Downtown Las Vegas, Fremont Street, and the Las Vegas Strip, all within a five-minute drive. This makes it an ideal site for a variety of commercial developments, capitalizing on the area's revitalization and growth potential. The asking price for this remarkable investment opportunity is $1,450,000.
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.