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Property profile & analytics
OFF-MARKET
Land

0 Nwc Mohawk St & Quail Ave Las Vegas, NV 89118

2.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.5-acre land parcel presents a remarkable development opportunity in the vibrant Southwest Las Vegas submarket. Located at the Northwest corner of Mohawk Street and Quail Avenue, this property boasts a strategic position with easy access to major transportation arteries, including Interstate 15 and the 215 beltway, providing seamless connectivity to the Las Vegas Strip and Harry Reid International Airport. Zoned RS-20 (Residential Single-Family 20) and situated within the Neighborhood Commercial (NC) Master Plan, the land offers diverse development possibilities. A conforming rezoning process is in place, maximizing potential for expansion. The property's location within a Qualified Opportunity Zone provides significant financial incentives for investors. Furthermore, there's an option to acquire an additional parcel, creating a larger 5-acre assemblage for even more extensive development. The asking price is $2,000,000, representing a compelling investment in a high-growth area. The property's APN is 163-36-501-008. This is a rare chance to acquire prime land in a thriving area of Las Vegas, offering substantial returns and community benefits. Daily traffic counts on nearby Russell Road exceed 115,500 vehicles. The Clark County jurisdiction ensures streamlined processes.

Property profile
Verified
Property type Land
Lot 2.5 ac (108,900 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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