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Property profile & analytics
OFF-MARKET
Land

0 Rancho Dr Las Vegas, NV 89130

1.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.7-acre commercial land parcel presents a remarkable investment opportunity in Las Vegas, Nevada. Located at the highly visible signalized intersection of North Jones Boulevard and North Rancho Drive (APN 138-02-804-001), this property boasts significant frontage along both streets, totaling 372 linear feet on Rancho Drive and 418 linear feet on Jones Boulevard. The property is zoned C-1, offering versatility for a wide range of commercial uses. Previous approvals and entitlements exist for a restaurant with two drive-throughs, including necessary approvals from the Nevada Department of Transportation (NDOT) for driveway cutouts on both Jones Boulevard and Rancho Drive. Comprehensive and detailed offsite plans, survey plans, and improvement plans are included with the sale. Utilities are readily accessible, with sewer, electric, cable, and gas already available at the property line. Water access is conveniently located just 25 feet away, with pre-approval from the Las Vegas Valley Water District (LVVWD) for installation. The asking price is $1,200,000

Property profile
Verified
Property type Land
Lot 1.7 ac (74,052 SF)
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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