3941 Rancho Dr Las Vegas, NV 89130
- Commercial land
- 5.06 lot acres
Current Use by Public Records
- Commercial land
Property Details for 3941 Rancho Dr
- Lot size
- 5.06 lot acres
- Property type
- Commercial land
- APN
- 138-11-502-003
- APU
- 13811502003
Description
This exceptional 5.28-acre commercial land parcel, located at 3941 N Rancho Dr, Las Vegas, NV 89130 (APN: 138-11-502-003/138-12-110-049), presents a significant investment opportunity. Zoned C2 General Commercial, it allows for a wide range of uses including retail, service, auto, wholesale, office, and mixed-use developments. The property boasts a fenced perimeter and readily available utilities. Comprehensive due diligence has already been completed, with both an Alta survey and soils report available for review. Situated in an established business area with improved roads and streetlights, this location offers excellent visibility and accessibility. A unique incentive is offered: a one-year escrow period for a home builder to facilitate rezoning and obtain Tentative Map approval. While currently located within FEMA Flood Zone A, the City of Las Vegas is actively developing a box culvert project to remove the property from this designation. This prime commercial land is priced at $5,500,000 and represents a compelling opportunity for development in a thriving Las Vegas location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.226
- Latitude
- 36.2308
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
