$3,650,000
$4,140,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
8.28 Acres Lot
SOLD DATE : 09/24/2021
Key Details
Sold Price $3,650,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2242924
Sold Date 09/24/21
HOA Y/N No
Annual Tax Amount $11,984
Lot Size 8.280 Acres
Acres 8.28
Property Description
This infill parcel has recently been approved for R-3 multi-family zoning allowing up to 25 units per acre (207 units). This unique opportunity is in very close proximity to major quality employment centers / developments including Amazon, Fanatics, Cap Rock, Prologis, Vantrust, Apex Industrial, LV Speedway & Nellis AFB. The site has direct access to both I-15 (.55 miles south @ Lamb) and 2-15 (1.37 miles north @ Lamb) making travel to downtown, the Strip, Airport and Summerlin area very convenient. The nearest existing multi-family product is 1.3 miles to the west and 1.8 miles south of this site. There is major need for this product with all of the quality employment nearby and very limited multi-family to serve. Attached concept site plan used to obtain zoning consists of four 3 story buildings with 207 total units (120 - 2 Bdr & 87 -1 bdr). Detailed due diligence package available upon request. Asking $20,000 per door.
Location
State NV
County Clark County
Zoning Multi-Family,Other
Direction From I-15 north, exit Lamb and travel north .55 mile to the S/E corner of Lamb & Tropical.
Interior
Fireplace No
Exterior
Water Access Desc Public
Street Surface Paved
Road Frontage Private Road
Building
Sewer Public Sewer, Other
Water Public
Schools
Elementary Schools ,
Others
Tax ID 123-29-301-001
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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