1450 Nv-160 Pahrump, NV 89048
- Land
- 12.10 lot acres
Current Use by Public Records
- Land
Property Details for 1450 Nv-160
- Lot size
- 12.10 lot acres
- Property type
- Land
Description
This exceptional 12.1-acre commercial land parcel, located at 1450 S Nevada Hwy 160 in Pahrump, Nevada (APN: 035 371 15), presents a unique investment opportunity. Priced at $4,250,000 ($202,479/acre), this property boasts significant highway frontage on NV-160, placing it in a high-traffic area. Central utilities, including water, sewer, and electricity, are readily available on-site, a rare advantage in Pahrump. Water rights are also available. The property is zoned GC and represents the last remaining large parcel in Pahrump's downtown core, offering substantial development potential. Envisioned uses could include a casino, hotel, shopping center, or condominium project. A significant owner-will-carry financing option is available: $1,000,000 down payment, amortized over 15 years at 8.5% interest, with a balloon payment due in 3 years. This prime location and the availability of utilities make this a truly exceptional opportunity for commercial development in a thriving Nevada community. The property's size and location make it ideal for a variety of large-scale commercial ventures.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pahrump
- County
- Nye
- State
- Nevada
- Longitude
- -115.975
- Latitude
- 36.1981
