Property profile

0 Dawson Ave Henderson, NV 89002

OFF-MARKET
Land
79.55 ac lot
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Property summary

AI-generated overview

This exceptional 79.55 +/- acre land parcel in Southeast Henderson, Nevada, presents a remarkable investment opportunity. Located in Clark County, with APN numbers 189-02-201-006, 007, 008 & 189-03-501-001, the property is zoned RH-36, permitting high-density multifamily residential development. Approved plans exist for a three-story apartment building encompassing 571 units. Alternatively, a site plan for 244 single-family homes is also available. The property's strategic location near Cascata Golf Club and numerous recreational areas, including Boulder Dam, Bootleg Canyon Bike Trail, Veteran's Memorial Park, and Lake Mead National Recreational Area, enhances its appeal. Southeast Henderson's phenomenal growth over the past decade positions this land within a premier submarket of the greater Las Vegas area. The 2024 property taxes totaled $28,058.17. Importantly, a conditional use permit for a short-term mining and processing facility (rock crushing) and aboveground fuel storage has been obtained by the current owners, resulting in significant pre-development work, including extensive grading and dirt exportation. This ready-to-develop site offers substantial potential for significant returns. The property's address is on Dawson Ave, Henderson, NV 89002.

Property profile

Verified
Property type Land
Lot 79.55 ac (3,465,198 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Dawson Ave Henderson, NV 89002
Henderson metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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