— For Sale —

Offering Price $1,580,000

Parcel Size +/- 2.04 AC

Zoning Rural Estates Residential

Property Information

The subject property is an attractive opportunity for developers and investors looking to build custom homes in the Southwest Las Vegas submarket. With four improved residential lots totaling over 2 acres, four single family homes can be built in this community. The property has been prepared for development, with the caliche removed and the land graded and enhanced, and access to the public street has been established. Utilities have also been installed on site, including water, power, gas, internet, and phone lines.

Furthermore, the property is located in a prime area, on the Southeast corner of S. Oquendo Road and Santa Margarita Street, just a mile away from the 215 Beltway via S. Rainbow Blvd. This location provides easy access to various amenities, including shopping, dining, and entertainment options. The Southwest Las Vegas submarket is known for its proximity to the Las Vegas Strip, as well as its booming real estate market. The area has seen a surge in new developments in recent years, making it an attractive location for real estate investors and home owners.

Overall, the subject property appears to offer a compelling investment opportunity for those looking to develop custom homes in the Southwest Las Vegas submarket. The fact that each lot can be sold separately or together for a discount provides additional flexibility for investors.

Contact

Brokerage

Jenny Li, Ph.D.
李昭夏 博士
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Vice President
Las Vegas
License S.0191657
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O 702.954.4103
C 312.927.9929
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Brokerage

Seth Zeigler

Associate
Las Vegas
License S.0196121
O 702.954.4104
C 702.334.3965
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