Property summary
This exceptional 2.62-acre parcel, located at 1671 W Neal Ave, Las Vegas, NV 89183 (APN 191-05-601-002), presents a unique investment opportunity. Currently zoned RS20 for Residential Single Family, the property is situated in the unincorporated Clark County Enterprise District with a Planned Land Use of EM for Entertainment Mixed Use. This allows for a variety of development possibilities, making it ideal for both commercial and residential projects. The asking price is $2,250,000. Note that a cell phone tower easement exists on the property, however, it does not generate any income. The property's strategic location is further enhanced by the proximity to new projects underway on adjacent parcels at the intersection of Neal Avenue and South Las Vegas Boulevard, indicating a developing and promising area for future growth. This presents a compelling opportunity for investors seeking to capitalize on the burgeoning real estate market in this dynamic location. The property's versatility and location make it a highly attractive investment prospect. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
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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