S. Decatur Blvd. & W. Shelbourne Ave., Las Vegas, NV 89139

— Pending —

List Price$1.50MM

Acreage +/- 5.00 AC

PAC $300,000

Property Information

Property Overview

LOGIC Commercial Real Estate is pleased to present the opportunity to purchase 5-acres in southwest Las Vegas for $1,500,000 at $6.88 per square foot. The property is located just east of the Coronado Ranch Community with close proximity to Blue Diamond Rd. The immediate area has seen an influx of new development within the past few years. The Southwest part of the valley continues to be an attractive area for new projects both residential and commercial. This prime development opportunity is within minutes of the CC 215 Beltway, I-15 Freeway, and Las Vegas Blvd. The 5-acre parcel enjoys a location that is convenient to several major shopping centers along Blue Diamond Rd., such as the Blue Diamond Ranch center which includes Albertsons, Sav-On Pharmacy, Café Rio, Panda Express, and many more quality tenants. The Blue Diamond Crossing shopping center featuring Target, Kohls, Ross, Big Lots, Office Depot, and many more is under 2 miles away. There are countless food and dining options in this corridor along with the Silverton Casino that is 2.5 miles from the subject.

Located on Decatur Blvd., that has traffic counts of 14,200 cars per day. The average household income is $86,180 from the 80,440 people that live in a 3-mile radius of the subject property. There are currently 37,165 homes in a 3-mile radius with the expectation of 41,703 homes in 2023.

Investment Highlights

  • Highly Desirable Residential Land in SW. Las Vegas Blvd.
  • Prime Development Opportunity
  • Strong Demographic Submarket