0 Nwc Mohawk St & Quail Ave Las Vegas, NV 89118
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.
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
Similar Nearby for Lease
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.