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Property profile & analytics
OFF-MARKET
Land

5011 Rainbow Blvd Las Vegas, NV 89130

Property ID
Property summary
AI-generated overview

This exceptional 0.71-acre commercial land parcel presents a remarkable investment opportunity in Las Vegas, Nevada. Located at 5011 N. Rainbow Blvd., this C-2 General Commercial zoned property boasts excellent visibility along Rainbow Boulevard and the Rancho Drive ramp merging with US-95 Highway, ensuring high traffic exposure. With an average daily traffic count of 25,437 vehicles on Rainbow Blvd and N Rancho Drive, this site is ideally suited for various commercial ventures, particularly fast-food restaurants or similar pad users. Approved development plans existed as of August 2018. The property benefits from its strategic location within an established residential area, proximate to major landmarks including the Santa Fe Station Hotel & Casino and the Siegfried & Roy Estate. Further enhancing its appeal, new residential developments like Dove Point and a Richmond American Homes single-family community are under construction nearby, guaranteeing a consistent influx of potential customers. Convenience is maximized with a Chevron gas station and Terrible Herbst convenience store immediately adjacent, and CarMax also nearby. Easy access to US-95 Highway ensures seamless transportation and customer flow. This property offers a unique blend of high visibility, convenient location, and strong growth potential within a thriving Las Vegas community. The site also includes existing restaurants, a medical office, a church, and a school.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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