Property summary
This exceptional 16.14-acre commercial land parcel in North Las Vegas, NV, presents a unique investment opportunity. Located within the Deer Springs Town Center power center, this property boasts three contiguous parcels with C-2 zoning, allowing for approximately 200,000 square feet of retail development. The site benefits from high visibility and accessibility, situated near the CC-215 Beltway and North 5th Street, and is adjacent to a thriving shopping center anchored by major national retailers such as Target, Ross, Home Depot, and Burlington. This strategic location serves a robust population of approximately 249,137 within a 5-mile radius, exhibiting an impressive average household income of $100,655. The property's potential is further enhanced by its proximity to significant residential growth projects, including the Villages at Tule Springs Masterplan, which plans over 8,600 homes. An existing 12,000 square foot retail building on the site offers potential rental income of $288,000, providing cash flow during future development phases. The asking price is $12,470,000, with a land value of $17.74 per square foot. The property's APN is 124-23-110-004, 124-23-110-005, and 124-23-210-014. This offering is ideal for developers and investors seeking to capitalize on North Las Vegas's expanding market. The property's location within a high-traffic retail environment, coupled with strong demographics and significant acreage, makes it a compelling investment prospect for various commercial ventures.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Group
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(Bike/Boat/Book/etc) Store
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Department Store Grocery & Convenience Store
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Production Facility
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Building Supply
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property 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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