1020 Rancho Dr Las Vegas, NV 89106
- Turn key restaurants
- 3,241 SF
- 0.58 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1020 Rancho Dr
- Year built
- 2003
- Construction
- STEEL FRAME
- Lot size
- 0.58 lot acres
- Property size
- 3,241 SF
- Property type
- Turn key restaurants
- APN
- 139-29-201-006
- APU
- 13929201006
Description
This exceptional 0.58-acre commercial land parcel, located at 1020 N. Rancho Dr. in Las Vegas, NV 89106 (APN 139-29-201-006), presents a unique development opportunity. Zoned C-2, the property boasts a convenient single-tenant configuration and is ideally situated at the main entrance of Twin Lakes Plaza, ensuring excellent ingress and egress. All utilities are stubbed, and off-site improvements are complete, including a finished drive-thru lane. The site is ready for immediate development, with ownership open to creative building concepts, such as modified shipping containers. This mature trade area benefits from stable traffic and density, and is experiencing significant reinvestment from both public and private sectors. A noteworthy development, encompassing approximately 73 acres of mixed-use commercial, recreational, hotel, retail, restaurant, and multifamily properties, is underway just one mile north, further enhancing the area's appeal and future growth potential. This presents a compelling investment opportunity 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
- -115.18
- Latitude
- 36.1828
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
