165 Windmill Ln, Las Vegas, NV 89123
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.
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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.