Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2.5 +/- Quarterhorse & Pebble Las Vegas, NV 89148

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2.5 +/- Quarterhorse & Pebble Las Vegas, NV 89148

    View on Map
    • Land
    • 2.50 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 2.5 +/- Quarterhorse & Pebble

    Lot size
    2.50 lot acres
    Property type
    Land

    Description

    This exceptional 2.5-acre parcel presents a unique opportunity in Las Vegas, Nevada. Located in the unincorporated Clark County-Enterprise District, this residential land boasts a desirable RE zoning designation, allowing for up to two units per acre, with a minimum lot size of 20,000 square feet. The property features 323 feet of frontage on Quarterhorse Lane and is conveniently accessible via a paved road. Essential utilities are nearby, including an 8-inch PVC water main on Quarterhorse Lane. The property's assessed value is reflected in the 2019/20 tax amount of $2,632.54. This rapidly developing area in southwest Las Vegas offers breathtaking mountain scenery and proximity to numerous amenities. Enjoy the convenience of nearby Mountains Edge Master Plan, complete with family parks and entertainment options, as well as the prestigious Rhodes Ranch Golf Course community. Commuting is a breeze with easy access to I-215, providing quick connections to Red Rock Canyon, Summerlin, the Las Vegas Strip, and McCarran International Airport. The APN is 176-20-101-018. The asking price for this remarkable property is $650,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.293
    Latitude
    36.0264

    Comparable in this City

    • Value Estimation by Request
      1.48 Acres

      6500 Ikea Way

      Land • 1.48 Acres
      6500 Ikea Way, Las Vegas, NV 89148
      View Details
    • Value Estimation by Request
      2.80 Acres

      5235 Fort Apache Rd

      Individual retail properties • 14,500 SF
      5235 Fort Apache Rd, Las Vegas, NV 89148
      View Details
    • Value Estimation by Request
      690 SF

      6355 Riley St, Unit 220

      APARTMENT HOUSE (5+ UNITS) • 690 SF
      6355 Riley St, Las Vegas, NV 89148-1336
      View Details
    • Value Estimation by Request
      358,632 SF

      9450 Hacienda Ave

      HIGH-RISE APARTMENTS • 358,632 SF
      9450 Hacienda Ave, Las Vegas, NV 89148-7720
      View Details
    • Value Estimation by Request
      220,053 SF

      9255 Russell Rd

      HIGH-RISE APARTMENTS • 220,053 SF
      9255 Russell Rd, Las Vegas, NV 89148-1368
      View Details
    • Value Estimation
      $4,950,000
      200,920 SF

      9170 Oquendo Rd

      HIGH-RISE APARTMENTS • 200,920 SF
      9170 Oquendo Rd, Las Vegas, NV 89148-6002
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1 SF

      Commercial Land in Southwest Las Vegas

      Located in a rapidly growing retail sub-market with excellent visibility.
      6500 Ikea Way, Las Vegas, NV 89148
      View Details
    • Contact for pricing

      1.13-Acre Retail Pad Available

      1.13-acre retail pad for rent in booming northwest submarket.
      8507 N Fort Apache Rd, Las Vegas, NV 89148
      View Details
    • $3,550,000

      West Las Vegas Drive-Thru Restaurant

      Vacant restaurant with drive-thru in prime West Las Vegas location.
      8660 W Warm Springs Rd, Las Vegas, NV 89148
      View Details
    • Contact for pricing
      4,500 SF

      Modern Retail Building in Southwest

      Anchored by 7-11, excellent visibility, surrounded by dense population.
      9775 W Russell Rd, Las Vegas, NV 89148
      View Details
    • Contact for pricing
      8,864 SF

      Mixed-Use Building with Bar & Offices

      Two-tenant mixed-use building with bar/restaurant and office suites.
      7272 S El Capitan Way, Las Vegas, NV 89148
      View Details
    • $3,550,000

      West Las Vegas Drive-Thru Restaurant

      Vacant quick-service restaurant with drive-thru in prime location.
      8660 W Warm Springs Rd, Las Vegas, NV 89148
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Las Vegas Development Site For Rent

      Development site approved for a Class A office building.
      9060 W Patrick Ln, Las Vegas, NV 89148
      View Details
    • Contact for pricing

      Prime Ground Lease Pad Available

      0.83 acre pad site in desirable Las Vegas location.
      6610 S Fort Apache Rd, Las Vegas, NV 89148
      View Details
    • Contact for pricing
      12,500 SF

      Las Vegas Development Site For Rent

      Development site with views and highway frontage in Las Vegas.
      9060 West Patrick Ln, Las Vegas, NV 89148
      View Details
    • Contact for pricing

      Shopping Center Near Southern Hills

      Shopping center with high visibility near Southern Hills Hospital.
      6005 S Fort Apache Rd, Las Vegas, NV 89148
      View Details
    • Contact for pricing

      Retail Space in Rhodes Ranch

      Retail space available in a vibrant Southwest location.
      8755 West Warm Springs Rd, Las Vegas, NV 89148
      View Details
    • $4 SF/Yr
      210,000 SF

      Office Space Available For Rent

      Office building for rent at West Sunset Road and Riley Street.
      89148 Usa, Las Vegas, NV 89148
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2.5 +/- Quarterhorse & Pebble
    Las Vegas, NV 89148
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    2.5 +/- Quarterhorse & Pebble, Las Vegas, NV, 89148

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!