6968 Fox Ave Pahrump, NV 89061

This exceptional 5.84-acre parcel located at 6968 Fox Ave, Pahrump, NV 89061, presents a unique investment opportunity. Zoned for both commercial and residential development, this versatile land offers significant potential for a variety of projects. The property boasts a generous lot size, providing ample space for substantial development. Priced at $1,017,561, or $4 per square foot, this represents a compelling value in the thriving Pahrump market. The land includes one acre-foot of water per acre, with the potential for additional water rights. The property is currently undergoing the tentative map approval process, anticipated for completion in 2024. This allows for the possibility of subdividing the land, creating multiple development opportunities. The APN is 045-171-67. Situated in Nye County, this location offers easy access to key transportation routes and amenities. This property is ideal for developers seeking a prime location for commercial or residential projects, or a savvy investor looking for a strong return. Don't miss this chance to acquire a significant piece of land in a rapidly growing area.