100 Palo Verde Dr Henderson, NV 89015
This exceptional 1.36-acre development site, located at 100 Palo Verde Dr, Henderson, NV 89015 (APN 17920503001), presents a compelling investment opportunity. Priced at $1,200,000, this stabilized land parcel offers significant potential for various multifamily developments. The property's zoning allows for the construction of 6 to 8 homes or an adult assisted living facility, catering to the growing demand in this thriving area. Situated in the heart of Henderson, near newly remodeled shopping centers and upcoming community centers, this location boasts excellent visibility from Boulder Highway and Palo Verde Drive. Its proximity to major freeways ensures convenient access and high traffic flow. The surrounding Mission Hills Estates further enhance the desirability of this location. This prime land parcel represents a rare chance to capitalize on the rapid growth along Boulder Highway, making it an ideal investment for developers seeking a high-return project in a dynamic and desirable Nevada market. The property is classified as Land and Multifamily, specifically a Development Site.
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.