Property profile

1400 Irene St Pahrump, NV 89060

OFF-MARKET
Land
Property ID
US62-0354962
2.5 ac lot
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Property summary

AI-generated overview

This exceptional 2.5-acre commercial land parcel presents a compelling investment opportunity in the rapidly growing town of Pahrump, Nevada. Located at 1400 E Irene St, this property (APN 35-033-11) is zoned Family-2 acres or More, offering significant development potential. Its strategic location places it in close proximity to the expanding Spring Mountain Motorsports Ranch, a major development project projected to include new residential homes, retail spaces, and a hotel. This translates to a significant increase in population and demand for commercial services in the surrounding area, with an estimated 4,400 new homes planned for the vicinity. The property's size and zoning provide flexibility for a variety of commercial uses, making it an ideal investment for developers or entrepreneurs seeking to capitalize on Pahrump's burgeoning growth. Buyers are responsible for verifying all information independently. The property is situated in Nye County, Nevada, with a zip code of 89060, and its coordinates are 36.235173 latitude and -115.989566 longitude. A virtual tour is available online. This is a prime opportunity to acquire land in a dynamic and expanding market.

Property profile

Verified
Property type Land
Lot 2.5 ac (108,900 SF)
UPID US62-0354962

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1400 Irene St Pahrump, NV 89060
Pahrump metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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