840 W Pioneer Blvd - 11.53 ac Mixed-Use High Density MF/Commercial
11.53 Acres of Commercial Land Offered at $1,899,000 in Mesquite, NV 89027
INVESTMENT HIGHLIGHTS
- 11.53ac MIXED USE Zoned PUD & Commercial–General, including commercial/retail and multifamily up to 24 units/ac
- Natural gas is available for via an active 6” PE natural gas line on north side of Pioneer Blvd!
- Mesquite is in need of affordable housing per the Mesquite Planning Director and a Demand Study conducted by the Nevada Rural Housing Authority
- Includes paving, curb & gutter; public WATER & SEWER stubbed to property
- High visibility to I-15! Elevated vistas @Falcon Ridge!
- AERIAL DRONE VIDEO: https://vimeo.com/795341745/244fc9c23b
EXECUTIVE SUMMARY
Subject is ideally situated on the 120' wide Pioneer Blvd, just past & east of the Mesquite Regional Mesa View Hospital, Walmart Supercenter, Holiday Inn & West of Red Hills Commercial Park (Wedgies Sports Bar & Lee's Discount Liquor) and West of adjacent Red Hills Commercial Park - a part of the Falcon Ridge Community Association.
Housing Notes: A Market Demand study which was performed in November 2019 for a specific project located further east on W. Pioneer. It was for a garden style, 2 story, 304 unit project of modern architectural style with covered carports and typical amenities found in a development this size, to be built to attract "market rate" tenants - of note was the projected absorption rate of 14 units/month. Comments from the study included "As a new property in a market with competitive properties that are mostly over 20 years old, the subject property is expected to be highly competitive". Rents projected at approximately $1.06/sf for 1bd/1bth for approximately 550-600sf (116 units); $.86/sf for 2bd/2bth for approximately 1,000sf (172 units); and $.83 for 3bd/2bth of 1,125sf (16 units).
AERIAL DRONE VIDEO: https://vimeo.com/795341745/244fc9c23b
Choose Mesquite Link: http://www.choosemesquite.com/properties/?zpeDID=SITES_8358811c-f527-4ab2-968f-43a2e408c223&zpeSST=MESQUITE
Mesquite tops Nevada for population growth - 10.5% increase! Fastest growing city in the USA according to U.S. Census Bureau
2023 Population grew from 20,616 to 22,786 through time period between 2020 - 2023.
https://eedition.reviewjournal.com/infinity/article_popover_share.aspx?guid=266cf343-9602-40d9-8233-28113fd5a051&share=true
From LV: I-15 N approximately 79 mi (1:15min) to Exit 120 Mesquite Blvd; WEST past 2 roundabouts taking W Mesquite Blvd, then onto Falcon Ridge;(R) onto W. Pioneer Blvd just past & east of the Walmart Supercenter to Horizon - on your right.
LAT & LONG: 36.808724, -114.094971
RE Property Taxes: $6,459.06 (2024-2025) – APN: 001-18-501-005
RE Property Taxes: $597.79 (2024-2025) – APN: 001-18-601-004
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,899,000 |
| Price Per AC | $164,700.78 |
| Lot Size | 11.53 AC |
LV: I-15 N approximately 79 mi (1:15min) to Exit 120 Mesquite Blvd; WEST past 2 roundabouts taking W Mesquite Blvd, then onto Falcon Ridge;(R) onto W. Pioneer Blvd just past & east of the Walmart Supercenter to Horizon - on your right.
DESCRIPTION
PRICE SLASHED in HALF-owner says sell! 11.53ac MIXED USE Zoned PUD & Commercial–General, allows a variety of mixed-uses, including commercial/retail and multifamily up to 24 units/ac! High visibility to I-15! Includes APN's 001-18-501-005 & 001-18-601-004. Beautiful fully improved Pioneer Blvd frontage includes paving, curb & gutter; public WATER & SEWER stubbed to property. Natural gas available to serve this site - 6" line now installed on North side of Pioneer at property! All utilities appear to be stubbed BOC. The subject affords a unique opportunity to capitalize on a terraced development affording fantastic 360 degree views! Ideal for an affordable housing project offering elevated vistas @Falcon Ridge! Subject is ideally situated on the 120' wide Pioneer Blvd, just past & east of the Mesquite Regional Mesa View Hospital, Walmart Supercenter, Holiday Inn & West of Red Hills Commercial Park (Wedgies Sports Bar & Lee's Discount Liquor) and West of adjacent Red Hills Commercial Park - a part of the Falcon Ridge Community Association. Housing Notes: A Market Demand study which was performed in November 2019 for a specific project located further east on W. Pioneer. It was for a garden style, 2 story, 304 unit project of modern architectural style with covered carports and typical amenities found in a development this size, to be built to attract "market rate" tenants - of note was the projected absorption rate of 14 units/month. Comments from the study included "As a new property in a market with competitive properties that are mostly over 20 years old, the subject property is expected to be highly competitive". Rents projected at approximately $1.06/sf for 1bd/1bth for approximately 550-600sf (116 units); $.86/sf for 2bd/2bth for approximately 1,000sf (172 units); and $.83 for 3bd/2bth of 1,125sf (16 units). Mesquite tops Nevada for population growth - 10.5% increase! Fastest growing city in the USA according to U.S. Census Bureau 2023 Population grew from 20,616 to 22,786 through time period between 2020 - 2023. https://eedition.reviewjournal.com/infinity/article_popover_share.aspx?guid=266cf343-9602-40d9-8233-28113fd5a051&share=true AERIAL DRONE VIDEO: https://vimeo.com/795341745/244fc9c23b Choose Mesquite Link: http://www.choosemesquite.com/properties/?zpeDID=SITES_8358811c-f527-4ab2-968f-43a2e408c223&zpeSST=MESQUITE From LV: I-15 N approximately 79 mi (1:15min) to Exit 120 Mesquite Blvd; WEST past 2 roundabouts taking W Mesquite Blvd, then onto Falcon Ridge;(R) onto W. Pioneer Blvd just past & east of the Walmart Supercenter to Horizon - on your right. LAT & LONG: 36.808724, -114.094971 RE Property Taxes: $6,459.06 (2024-2025) – APN: 001-18-501-005 RE Property Taxes: $597.79 (2024-2025) – APN: 001-18-601-004
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $282,696 | Total Assessment | $282,696 |
ZONING
| Zoning Code | Commercial/Multi Family |
