0 Rancho Dr Las Vegas, NV 89130
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
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
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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.