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Property profile & analytics
OFF-MARKET
Commercial real estate

5640 Rainbow Blvd Las Vegas, NV 89130

0.79 ac lot
Property ID
US62-1139050
Property summary
AI-generated overview

This exceptional 0.79-acre commercial land parcel, located at 5640 N Rainbow Blvd in Las Vegas, Nevada (APN 125-26-410-006), presents a unique investment opportunity. Zoned C-1 (Limited Commercial), this property boasts ±125 feet of high-visibility frontage on Rainbow Boulevard, a major thoroughfare with a daily traffic count of 31,863 vehicles. Its strategic location at the northeast corner of Rainbow Boulevard and Ann Road provides convenient access to US-95 and CC-215, ensuring excellent connectivity. The site is already improved with on-site water and electricity, simplifying development. Surrounding amenities include established businesses such as 7-Eleven, Walgreens, and Chevron, along with the proximity to Centennial Hills, Santa Fe Station Casino, Carmax, and Los Prados Golf & Country Club. Strong demographics within a 5-mile radius further enhance the property's appeal, with a population of 388,657, 139,828 total households, and an average household income of $112,408. This prime location, coupled with existing infrastructure and favorable zoning, makes this land ideal for a variety of commercial ventures in a rapidly expanding area of Las Vegas. The asking price is $750,000.

Property profile
Verified
Property type Commercial real estate
Lot 0.79 ac (34,412 SF)
APN 125-26-410-006
UPID US62-1139050
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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