Entity Owned Property summary
This exceptional investment opportunity presents 0.81 acres of commercially zoned land in the heart of Las Vegas, Nevada. Located at 738 E Sahara Ave, this property boasts a prime location less than one mile east of the Las Vegas Strip, near prominent landmarks such as the SLS and Stratosphere casinos. The land comprises two parcels, with one directly fronting East Sahara Avenue, offering excellent visibility and accessibility. The property is zoned C-1 General Commercial, providing a wide range of development possibilities. Potential uses include, but are not limited to, a multi-family development with ground-floor commercial space, a strip mall, restaurant, office building, fast-food establishment, or automotive lot. This represents a rare chance to acquire a vacant commercial lot in this highly desirable and rapidly developing area of Las Vegas. The property's APN numbers are 162-03-801-088 and 162-03-801-137. The asking price for this exceptional opportunity is $1,250,000. This is one of the last remaining vacant commercial lots on East Sahara Avenue, making this a truly unique investment opportunity. The property's strategic location and flexible zoning make it an ideal choice for developers seeking to capitalize on the vibrant Las Vegas market. Don't miss this chance to secure a piece of Las Vegas's thriving commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
-
Insurance Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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