SR-161 Goodspri Sandy Valley, NV 89019
This exceptional 16.92-acre parcel presents a unique investment opportunity in the burgeoning Goodsprings, Nevada area. Located at the intersection of SR-161 and Sandy Valley Road, this property boasts significant road frontage along SR-161, ensuring high visibility. The mixed-use zoning (C-2 & R-U) allows for a variety of commercial and residential developments, with a density of 0.5 units per acre for residential use. Enjoy breathtaking panoramic views from this elevated location, featuring interesting topography with gradual slopes and mountaintop features. The property is situated approximately 6.5 miles west of the Jean, NV/Interstate I-15 interchange and about 25 miles from Las Vegas. The low annual property taxes of $1,171.00 (2024-25) further enhance the investment appeal. This parcel offers a blend of commercial and residential potential, making it ideal for developers seeking a unique project in a rapidly growing region. The proximity to the new South Vegas Industrial Center, a 200-acre development featuring warehouse and manufacturing facilities, adds to the property's long-term value. The parcel ID is 202-25-301-005. The asking price is $1,300,000, translating to approximately $76,832.15 per acre. While wetland acreage is unspecified, the net usable acreage is 16.92 acres. This property is a rare find, combining prime location, flexible zoning, and stunning views.
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
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.