Property profile

0 Maryland Pkwy Las Vegas, NV 89123

OFF-MARKET
Land
0.87 ac lot
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Property summary

AI-generated overview

This exceptional 0.87-acre commercial land parcel is ideally situated on South Maryland Parkway in Las Vegas, Nevada, offering unparalleled visibility and accessibility. The property boasts 336 feet of frontage along Maryland Parkway, ensuring high traffic exposure for any commercial venture. The parcel is zoned C-1, permitting a wide range of neighborhood commercial activities and small-scale freestanding businesses. Existing infrastructure includes sidewalks, curbs, gutters, and streetlights, with utilities conveniently located nearby. The property's assessed parcel number (APN) is 177-14-301-007. Furthermore, engineering plans for a three-story mini-storage development are nearly complete, presenting a significant advantage for potential buyers. The 2023 property taxes totaled $2,710.02. This prime location, coupled with the existing infrastructure and development potential, makes this an exceptional investment opportunity in a thriving Las Vegas market. The property's strategic location and C-1 zoning provide a versatile platform for a variety of commercial uses, making it an attractive proposition for both developers and investors seeking a high-return investment in a dynamic urban setting. This is a rare opportunity to acquire a highly visible and well-located commercial land parcel in a rapidly growing area of Las Vegas.

Property profile

Verified
Property type Land
Lot 0.87 ac (37,897 SF)

Cap rate & NOI

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

Location

Maryland Pkwy Las Vegas, NV 89123
Las Vegas metro
Google Maps

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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