205 Volunteer Blvd Henderson, NV 89044
This exceptional 7.46-acre parcel presents a prime development opportunity in the thriving West Henderson market of Clark County, Nevada. Located at 205 Volunteer Blvd, Henderson, NV 89044 (APN: 191-09-701-001, 002), this property boasts high-density multifamily residential zoning (NT-4), permitting up to 36 units per acre. With pre-approved plans for 225 units, this land offers significant potential for immediate development. The site's advantageous corner location at the intersection of Volunteer and Gilespie provides excellent visibility and accessibility. The approved architectural plans are available upon request, streamlining the development process. This is a rare opportunity to acquire a large, well-located parcel in one of Las Vegas' most active real estate markets. The asking price is $10,900,000, reflecting a temporary price reduction due to the seller's 1031 exchange plans. The net acreage is 7.46 acres, with a total of approximately 10 gross acres. This property is ideal for developers seeking a high-return investment in a rapidly growing area. Don't miss this chance to capitalize on the strong demand for residential housing in this desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.