12097 Las Vegas BlvdLas Vegas, NV 89183
- Commercial land
- 5.08 AC
Property Details for 12097 Las Vegas Blvd
- Lot size
- 5.08 AC
- Property type
- Commercial land
- APN
- 191-05-801-016
- APU
- 19105801016
Description
This exceptional 5-acre commercial land parcel presents a unique investment opportunity in the rapidly developing West Henderson corridor of Las Vegas, Nevada. Located at 12097 S Las Vegas Blvd, this property boasts a highly desirable H-1 (Limited Resort & Apartment) zoning designation, offering significant flexibility for development. The lot's prominent frontage on Las Vegas Boulevard and proximity to Bruner Avenue ensures high visibility and accessibility. Its strategic location provides easy access to major transportation arteries, including Interstate 15 and the CC 215 Beltway, enhancing its appeal to a wide range of potential developers. The surrounding area is experiencing substantial growth, with nearby established businesses such as The M Resort and Casino, the Raiders Headquarters & Practice Facility, and a Costco-anchored shopping center. Furthermore, the property benefits from its adjacency to Marnell's proposed new resort project and the 800+ unit Touchstone Living residential development, promising a vibrant and expanding neighborhood. The property's Assessed Parcel Number (APN) is 191-05-801-016. This prime location and flexible zoning make this a compelling opportunity for investors seeking to capitalize on the dynamic growth of the Las Vegas market. The Clark County location and 89183 zip code further solidify its desirability. This is a rare chance to acquire a significant land holding in a high-growth area with exceptional potential for future development.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $83,941,624
- Hospitality
- $76,890,080
- Educational
- $63,971,640
- Medical
- $66,171,724
- Retail
- $99,511,440
Location Insight
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Latitude
- 35.9704
- Longitude
- -115.174
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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