1120 Lk Mead Pkwy Henderson, NV 89015-5561
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.