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Nellis Blvd - CG Commercial Zoning! Nellis & Vegas Valley

3.83 Acres of Commercial Land Offered at $3,950,000 in Las Vegas, NV 89142

Investment Highlights

  • Prime CG-Commercial General Zoning!
  • Near 162+/- Acre New Housing Development nearby!
  • Land Use-CM-Commerical Mixed Use allowing Supportive Multi Family!
  • 40,000+/- Traffic Count at Nellis & Vegas Valley

Executive Summary

Prime Opportunity to acquire 3.83+/- Acres of Vacant Land with Nellis Blvd. Frontage Zoned CG-Commercial General, with a Planned Land Use of Corridor Mixed Use-CM. The Primary Land Use is Commercial with Supporting Land Uses such as Multi Family and other complementary uses. The surrounding area is developing with 162 acre new planned community with 100's of new homes under construction less than 1 mile away. Traffic Counts Nellis & Vegas Valley approx. 40,000 ADT.
It's recommended that potential buyers conduct their own due diligence to confirm all information related to utilities, zoning, taxes, and other aspects of the property.

Property Facts

Price $3,950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 3.83 AC
Tenancy Single

1 Lot Available

Lot

Price $3,950,000
Price Per AC $1,031,332
Lot Size 3.83 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
161-09-217-006
Land Assessment
$481,736
Improvements Assessment
$0
Total Assessment
$481,736

zoning

Zoning Code CG (Commercial General CG- The CG district is established for Commercial uses-Land Use is CM Corridor Mixed Use, supporting uses such as Multi Family.)
CG (Commercial General CG- The CG district is established for Commercial uses-Land Use is CM Corridor Mixed Use, supporting uses such as Multi Family.)
  • Listing ID: 31536072

  • Date on Market: 4/17/2024

  • Last Updated:

  • Address: Nellis Blvd, Las Vegas, NV 89142

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