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Property profile & analytics
OFF-MARKET
Commercial land

1120 Lk Mead Pkwy Henderson, NV 89015-5561

1.82 ac lot
Entity Owned 16-yr Hold Free & Clear
Property ID
US62-1011903
Property summary
AI-generated overview

This exceptional 1.82-acre commercial land parcel presents a remarkable investment opportunity in Henderson, Nevada. Situated on Lake Mead Parkway, this property boasts unparalleled visibility and accessibility, benefiting from direct highway frontage. The site is strategically located across from Cadence, a burgeoning 2,200-acre master-planned community projected to encompass approximately 13,250 residential units upon completion. Further enhancing its desirability, the property is adjacent to Lakemoor Canyon, a developing community slated to include over 3,000 new homes built by Pulte Homes. This prime location places the land directly in the path of significant residential growth, creating exceptional potential for retail development. The property is zoned (CC) Community Commercial by the City of Henderson, offering flexibility for a variety of commercial uses. A ground lease option is available for qualified parties. The parcel's size, location, and zoning regulations combine to create a compelling opportunity for owner-users or developers seeking a high-impact commercial investment in a rapidly expanding area. The property's APN is 179-05-801-001. This is a rare chance to acquire a significant commercial land holding in one of Henderson's most promising growth corridors. The property's address is 1120 E Lake Mead Pkwy, Henderson, NV 89015.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.82 ac (79,279 SF)
APN 179-05-801-001
UPID US62-1011903
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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Owner & transaction history
Gcp Properties LLC · 16 yrs held
Gcp Properties LLC
since 2010
7 recorded transactions
2010
Price N/A
2008
$1.2M
2000
Price N/A
1998
$285,000
1997
$200,000
1996
$225,000
1995
$145,102
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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