Property profile

2306 Lk Mead Pkwy Henderson, NV 89015

OFF-MARKET
Commercial land
Property ID
US62-0556656
3.86 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 13.96-acre commercial property in Henderson, Nevada, presents a lucrative investment opportunity. Located at 2306 E Lake Mead Pkwy, 89015, in Clark County, this land (APN 160-35-101-003 & 005) is zoned for Community Commercial use. Currently operating as a boat/RV storage facility, the property boasts 67 indoor units (26,550 square feet across three buildings) and 691 outdoor uncovered spaces. Unit sizes range from 80 to 3,000 square feet, with most at 360 square feet. The property includes four cellular antennas, generating an estimated $1,470,000 value based on a 6% capitalization rate, and producing an annual income of $88,283. Security features include perimeter fencing, a secure gate, and surveillance cameras. The property's strategic location is adjacent to a Pulte planned development and directly across from the Lake Las Vegas community, offering convenient access to Lake Mead National Recreational Area (6-10 miles away depending on destination). This property offers significant potential for future development and substantial returns. The asking price is $9,750,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.86 ac (168,142 SF)
APN 160-35-101-005
UPID US62-0556656

Cap rate & NOI

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

Location

2306 Lk Mead Pkwy Henderson, NV 89015-3003
Henderson metro Census 5435 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$165k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

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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