Property summary
This exceptional 2.07-acre parcel in Las Vegas, Nevada, presents a remarkable investment opportunity. Located at 1592 E Hacienda Ave, in unincorporated Clark County (Winchester Paradise area), this land is zoned RM50 and boasts approved plans for a 57-unit multifamily development. The site plan encompasses a mix of one- and two-bedroom units distributed across two three-story buildings. Its prime location offers unparalleled convenience, situated approximately half a mile from Harry Reid International Airport and less than one mile from the University of Nevada, Las Vegas. The Las Vegas Strip is also within easy reach, just 3.5 miles away. This property benefits from its proximity to major transportation arteries and established amenities, making it highly attractive to potential residents. The 2024 property taxes are listed at $4,526.49. The APN is 162-26-210-012. This is a turnkey opportunity for developers seeking to capitalize on Las Vegas's thriving real estate market and strong rental demand. The asking price is $1,975,000. This is a rare chance to acquire a fully permitted site ready for immediate development.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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