Laughlin Land

APN: 264-28-210-001, Laughlin, NV 89029

— For Sale —

List Price$650,000

Size +/- 7.85 AC

Potential Lots 122

Property Information

Property Overview

LOGIC Commercial Real Estate is pleased to present the opportunity to purchase approximately 7.85 acres of R-3 final map approved zoned land in Laughlin, Nevada. The land is comprised of two parcels and is fully entitled/map approved for 122 townhouse lots. The property is located on the north side of James A. Bilbray Parkway near the intersection of Bilbray Parkway and Needles Highway. The property is also directly east of the Crown Point Apartment Homes, and across the street from the Laughlin Professional Plaza. Off-site improvements have been completed, including the installation of sewer and water lines. The project has the water master metered and paid for by HOA. The seller has renderings for three unit types ranging in sizes from 1,409 – 1,597 square feet. The original plan included 10.64 acres, yet there were 49 townhouses completed in 1990 (Villas at Southpoint) by Calmark Development. The seller is offering the remaining planned land.

Investment Highlights

This opportunity is located just north of the Colorado River dividing Laughlin from Bullhead City, AZ. Laughlin is the 3rd most visited casino and resort destination in the state after Las Vegas and Reno. Bullhead City was named the most affordable city in Arizona in 2019. Bullhead City’s future job growth over the next ten years is 43.4%, which is higher than the U.S. average of 33.5%. This should translate well for Laughlin’s entertainment and housing growth in the next several years.