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.
- Price:
- $4,140,000
- Acreage:
- 8.28
- Listing ID #:
- 2242924
- Street Address:
- Lamb & Tropical
- City:
- North Las Vegas
- State:
- Nevada
- Postal Code:
- 89115
- County:
- Clark
- Community:
- North
- Listing Status:
- Active
- Listing Type:
- Land
- Lot Size:
- 8.28
- Lot Square Footage:
- 360677
- Road Frontage Type:
- Private Road
- Road Type:
- Paved
- Zoning Description:
- Multi-Family, Other
- Days On Market:
- 228
- Originating Mls:
- Glvar
- Previous Listing Price:
- 3640000
- Terms:
- Cash
- Cross Street:
- Lamb & Tropical
- Property Taxes:
- $11,984
- Electricity:
- Underground
- Existing Water:
- Public
- Sewage Type:
- Public Sewer, Other
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Mosaic Commercial Advisors LLC
