Property profile

0 Sec Westwood Dr Las Vegas, NV 89102

OFF-MARKET
Mixed-use properties
4.22 ac lot
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Property summary

AI-generated overview

This exceptional 4.22-acre commercial land parcel presents a remarkable investment opportunity in the heart of Las Vegas's dynamic Medical District. Located at the intersection of Westwood Drive and West Charleston Boulevard, this property boasts a prime location directly across from the University Medical Center and the UNLV School of Medicine, ensuring high visibility and accessibility. The permitted zoning, T4-C & T3, allows for the development of a mixed-use building with the potential for over four stories, catering to a diverse range of commercial and potentially residential uses. This strategic positioning within a rapidly growing area offers significant potential for substantial returns. The site's 4.22 acres provide ample space for a large-scale development project, capitalizing on the high demand for commercial space in this thriving medical hub. The property is situated in Clark County, Nevada, with a zip code of 89102. This is a rare chance to acquire a significant land holding in a location with exceptional growth prospects and strong underlying fundamentals. The property's size and zoning flexibility make it ideal for a variety of development scenarios, from medical offices and research facilities to retail spaces and potentially residential components, all within close proximity to a major medical center and university. This presents a unique opportunity to create a landmark development in a high-demand area.

Property profile

Verified
Property type Mixed-use properties
Lot 4.22 ac (183,823 SF)

Cap rate & NOI

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

Location

Sec Westwood Dr Las Vegas, NV 89102
Las Vegas 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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