2294 N Pecos Rd Las Vegas, NV 89115
For Sale
1 / 10
This 2.27-acre commercial and residential land parcel in Las Vegas, Nevada (APN 140-19-101-002), is offered at $1,395,000. Zoned RM32 Multi-Family High Density, allowing for up to 18 units per acre, this property presents a significant development opportunity. The site includes a 1,760 square foot, fourplex building constructed in 1951, and a storage shed exceeding 560 square feet. The total lot area is 98,881 square feet. Conveniently located north of the East Lake Mead and North Pecos intersection, it's less than ten minutes from Interstate 15. Benefiting from high traffic counts (21,300 AADT on North Pecos and 37,500 AADT on East Lake Mead), the property is also near an elementary and middle school, with a bus stop directly on Pecos Road. This exceptional location and zoning make it ideal for high-density multifamily development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.