Technical
Financial
Distress signals
Property profile

845 Lk Mead Pkwy Henderson, NV 89015

OFF-MARKET
Commercial land
Property ID
US62-0833354
14.44 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity is located within Cadence Village Center Phase II, a thriving new development in the master-planned Cadence community in Henderson, Nevada. Situated at 845 E Lake Mead Pkwy, at the intersection of Lake Mead Parkway and Warm Springs Road in Clark County, this prime location offers high visibility and accessibility. Three spaces are currently available, ranging from 1,200 to 2,200 square feet, perfect for a variety of retail, restaurant, medical, or service businesses. The Cadence community is a substantial 2,200-acre development projected to house 12,250 residences upon completion, ensuring a large and growing customer base. Phase I of Cadence Village retail center is already open and successfully anchored by Smiths Marketplace, demonstrating strong market demand. Phase II is currently pre-leasing, with construction commencing in 2024. This presents a unique chance to become part of a vibrant, established retail center alongside already signed tenants including EOS Fitness, Broken Yolk Cafe, Papa John's Pizza, Zaba's Mexican Grill, Dutch Bros Coffee, Salad and Go, PT's Pub, and Sports Clips. This is an ideal location for businesses seeking exposure within a rapidly expanding residential community. The property is zoned for multiple uses, offering flexibility for potential tenants. Contact us today to learn more about leasing opportunities.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 14.44 ac (629,006 SF)
APN 179-08-113-002
UPID US62-0833354

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Pharmacy
  • Financial Advisor
  • Cafe & Coffee Shop
  • Bank Credit Union

Location

845 Lk Mead Pkwy Henderson, NV 89015
Henderson metro Census 5442 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.18M

Owner & transaction history

since 2023
Last sale
$3.2M
1 recorded transaction
2023
$3.2M

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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