For Sale
$7,500,000

Sahara & Rainbow Las Vegas, NV 89146

Prime Commercial/Residential Land

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 4.43-acre parcel, located in Las Vegas, Nevada (APN 163-11-101-005), presents a unique investment opportunity. Situated at the intersection of Sahara and Rainbow, this property boasts a highly desirable location in the Spring Valley area, west of the Las Vegas Strip and east of Summerlin. The land is zoned RE, permitting up to two units per acre, aligning perfectly with the Planned Land Use designation of CM (Corridor Mixed-Use). This versatile zoning allows for a range of development possibilities, catering to both commercial and residential needs. The property features 334 feet of frontage on West Sahara Avenue, complete with established sidewalks, curbs, and gutters, ensuring excellent accessibility and visibility. The high traffic count on Sahara and Rainbow, averaging 52,500 vehicles daily, provides significant exposure for any future development. The asking price for this strategically located land is $7,500,000. This established commercial and residential area offers immediate access to key amenities and infrastructure, making it an attractive proposition for developers seeking a prime location within a thriving community. The Clark County jurisdiction ensures a streamlined development process. This is a rare opportunity to acquire a substantial land parcel in a rapidly growing area of Las Vegas.

Highlights

  • 4.43-acre parcel in Las Vegas, NV (APN 163-11-101-005), located at Sahara & Rainbow.
  • RE zoning allows up to two units per acre, consistent with CM (Corridor Mixed-Use) Planned Land Use.
  • 334' of frontage on West Sahara Avenue with improved streets.
  • High traffic count (52,500 vehicles daily) on Sahara and Rainbow Avenues.
  • Asking price: $7,500,000.

Property Details for 0 Sahara & Rainbow

Property type
Land
Lot Size (sq. ft)
192,971 SF

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1442853
Longitude
-115.2270684

FAQs

What type of property is this?
Land - Prime Commercial/Residential Land
Where is the land located?
The property is located at Sahara & Rainbow Las Vegas, NV.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 4.43-acre parcel in Las Vegas, NV (APN 163-11-101-005), located at Sahara & Rainbow.; RE zoning allows up to two units per acre, consistent with CM (Corridor Mixed-Use) Planned Land Use.; 334' of frontage on West Sahara Avenue with improved streets.
How can I contact the broker?
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0 Sahara & Rainbow
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