0 0.70 Acres Cheyenne Ave & Allen Ln North Las Vegas, NV 89032
This exceptional 0.7+/- acre commercial land parcel, located at the intersection of Cheyenne Avenue and Allen Lane in North Las Vegas, Nevada (APN 139-08-417-019), presents a unique investment opportunity. Zoned for Planned Unit Development (PUD), this property offers significant potential for various commercial ventures. The site benefits from existing infrastructure including paved roads, curbs, streetlights, and sidewalks, ensuring convenient access and a well-established environment. Utilities are readily available within the Cheyenne Business Park. High visibility is assured, given the substantial daily traffic count of 32,500 vehicles at the nearby intersection of Cheyenne and Decatur. The asking price is $799,000, translating to approximately $1,141,428.50 per acre. 2024 property taxes for the parcel are estimated at $5,577.32. Ample parking is available in the immediate vicinity. This prime location and flexible zoning make this an ideal site for a variety of commercial developments. The property's strategic positioning and established infrastructure create a compelling investment opportunity in a thriving North Las Vegas business district. Serious inquiries are encouraged.
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
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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.