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Property profile & analytics
OFF-MARKET
Commercial real estate

100 Palo Verde Dr Henderson, NV 89015

Property ID
US62-0053162
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
APN 17920503001
UPID US62-0053162
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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