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3123 S Rainbow Blvd - NWC Rainbow Blvd. & Palmyra Ave.

2.82 Acres of Commercial Land Offered at $3,000,000 in Las Vegas, NV 89146

Investment Highlights

  • Prime Location: Situated at a busy intersection on Rainbow Blvd.
  • High Traffic Area: Significant daily traffic ensures high visibility.
  • Accessibility: Easy access to major highways located both north and south of the site.
  • Pre-Approved Entitlements: Ready for immediate development with existing site plans.
  • Nearby Amenities: Proximity to major hospitals, schools, and parks.

Executive Summary

Colliers is pleased to present an exclusive opportunity to acquire ownership of +/- 2.82 AC of land located at the northwest corner of S Rainbow Blvd. and Palmyra Ave. The asset is ready for immediate development and presents a unique investment opportunity. The site is strategically positioned within a thriving trade area and benefits from strong nearby traffic counts of +/- 111,500 VPD. The property is surrounded by key amenities including hospitals, schools, and upcoming developments - making it ideal for various future commercial or mixed-use projects.

Property Facts

Price $3,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.82 AC

1 Lot Available

Lot

Price $3,000,000
Price Per AC $1,063,830
Lot Size 2.82 AC

+/- 2.82 AC of land located at the northwest corner of S Rainbow Blvd. and Palmyra Ave.

Description

• Prime Location: Situated at a busy intersection on Rainbow Blvd. • Pre-Approved Entitlements: Ready for immediate development with existing site plans. • High Traffic Area: Significant daily traffic ensures high visibility. • Nearby Amenities: Proximity to major hospitals, schools, and parks. • Growing Trade Area: Located in a rapidly developing neighborhood. • Accessibility: Easy access to major highways located both north and south of the site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
163-10-707-011
Land Assessment
$619,109
Improvements Assessment
$0
Total Assessment
$619,109

zoning

Zoning Code CP (Commercial Professional)
CP (Commercial Professional)
  • Listing ID: 32481436

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 3123 S Rainbow Blvd, Las Vegas, NV 89146

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