165 Windmill Ln Las Vegas, NV 89123

OFF-MARKET

Land

1.9 ac lot

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This exceptional 1.9-acre commercial land parcel, located at 165 E Windmill Ln, Las Vegas, NV 89123 (APN 177-16-102-004/005), presents a unique investment opportunity. Situated in Clark County's Enterprise District, this property boasts a prime location in the South Valley, conveniently close to the Silverton Resort, golf courses, and shopping centers. Currently zoned C-1, it has already received approval for a four-story mini-storage facility with plans for 935 units. The site plan is readily available for review. The property includes existing structures built in 1978, connected to a well and with the option to connect to municipal water. A fire hydrant is also on the site. The planned land use is Neighborhood Commercial. This is a NOFA-approved mini-storage site, offering significant potential for a high-return investment. The asking price is $3,250,000. This is an exceptional opportunity to acquire a fully approved mini-storage development site in a high-demand area.

Property type Land

Lot 1.9 ac (82,764 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Hardware & Home Improvement General Contractor

165 Windmill Ln Las Vegas, NV 89123

Las Vegas metro

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

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