0 0.60 +/- Acres Simmons & Cheyenne North Las Vegas, NV 89032
This exceptional 0.6-acre corner lot in North Las Vegas, Nevada, presents a unique investment opportunity. Located at the northeast corner of Cheyenne Avenue and Simmons Street, this property boasts a desirable location with convenient access to infrastructure. The lot is zoned R-El (Ranch Estates Limited), permitting single-family detached homes and complementary uses at low density. Existing infrastructure includes sidewalks, curbs, gutters, and streetlights, with utilities readily available nearby. The property's APN is 139-08-801-013. Projected point of egress is 2024/25. Current property taxes are $2,493.39 annually. Further enhancing its appeal, the property generates a monthly billboard income of $700. The asking price is $750,000. This land parcel offers significant potential for residential development or, with potential rezoning, commercial ventures. Its strategic location and existing infrastructure make it an attractive proposition for discerning investors seeking a prime piece of land in a growing area. The Clark County location and 89032 zip code add to its desirability.
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.