771 Horizon DrHenderson, NV 89015

Property Details for 771 Horizon Dr

Year built

2006

Construction

FRAME

Lot size

3.42 AC

Property size (Sq ft)

27,156 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

179-20-805-001

APU

17920805001

Description

This exceptional street-front buildable pad, located at 771 E Horizon Dr, Henderson, NV 89015, presents a unique investment opportunity. Situated at the busy intersection of Horizon Drive and College Drive, this property benefits from high visibility and significant daily traffic (27,000 cars). The 2007-built, single-story building is part of Cornet Plaza, a thriving retail center boasting a diverse tenant mix including Intermountain Healthcare, Capriotti's, Papa John's, Great Clips, Spoiled Paws Pet Grooming, and Hammers Grill and Bar. The property's CC zoning (City of Henderson) allows for flexibility in development. Its strategic location within the Henderson retail corridor places it near major national retailers such as Lowe's, Kmart, McDonald's, and Taco Bell. Furthermore, its proximity to the College of Southern Nevada and Foothill High School ensures a consistent flow of potential customers. The APN is 179-20-805-001. This buildable pad offers unparalleled potential for growth and return on investment in a highly desirable Henderson location.

• CAP approach

  CAP return

  Valuation

  6%

  $10,696,032

  6.5%

  $9,873,260

  7%

  $9,168,028

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,710,576

  Geo Method

  $13,710,576

• Alternative Use

  Use

  Valuation

  Residential

  $8,328,464

  Hospitality

  $7,628,829

  Educational

  $6,347,096

  Medical

  $6,565,382

  Retail

  $9,873,260

Location Insight

City

Henderson

County

Clark

State

Nevada

Latitude

36.0132

Longitude

-114.96

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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