0 Dawson Ave Henderson, NV 89002
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.
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
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.