Prime Investment Opportunity – Lake Mead Blvd Frontage
Don’t miss this rare and lucrative investment opportunity in a high-traffic, high-visibility location. Situated just off Lake Mead Boulevard, this nearly one-acre corner lot spans three frontages—Lake Mead Blvd, Betty Lane, and Meikle Lane—offering exceptional accessibility and development potential.
The property currently generates rental income from a single-family residence and a duplex, providing immediate cash flow. A recently updated well system adds reliability and long-term value. The large vacant portion of the lot is ideally suited for future commercial development, with the potential for direct exposure on Lake Mead Blvd.
Whether you’re an investor seeking strong rental returns or a developer exploring commercial expansion, this property delivers both short-term income and long-term upside.
Don’t miss this rare and lucrative investment opportunity in a high-traffic, high-visibility location. Situated just off Lake Mead Boulevard, this nearly one-acre corner lot spans three frontages—Lake Mead Blvd, Betty Lane, and Meikle Lane—offering exceptional accessibility and development potential.
The property currently generates rental income from a single-family residence and a duplex, providing immediate cash flow. A recently updated well system adds reliability and long-term value. The large vacant portion of the lot is ideally suited for future commercial development, with the potential for direct exposure on Lake Mead Blvd.
Whether you’re an investor seeking strong rental returns or a developer exploring commercial expansion, this property delivers both short-term income and long-term upside.
Listing Provided Courtesy of Signature Real Estate Group
Property Details
Price:
$1,300,000
MLS #:
2679635
Status:
Active
Beds:
0
Baths:
0
Address:
5320 Meikle Lane
Type:
Single Family
Subtype:
Duplex
Subdivision:
Sunrise Manor
City:
Las Vegas
Listed Date:
May 1, 2025
State:
NV
Finished Sq Ft:
3,488
Total Sq Ft:
3,488
ZIP:
89156
Lot Size:
43,124 sqft / 0.99 acres (approx)
Year Built:
1960
Schools
Elementary School:
,
Interior
Appliances
Electric Water Heater, Oven, Range, Refrigerator, Water Heater
Cooling
Central Air
Flooring
Resilient, Tile
Heating
Central, Electric
Laundry Features
Washer Hookup, Dryer Hookup, Laundry Room
Exterior
Architectural Style
Duplex
Association Amenities
Landscaping, Rv Parking
Construction Materials
Stucco, Wood Frame
Exterior Features
Private Yard
Parking Features
Covered, Paved
Roof
Composition, Flat, Shingle
Financial
Taxes
$2,655
Directions
From I-15 Exit at East Lake Mead Blvd. Follow East Lake Mead Blvd to Betty Lane, Turn Right. Property Fronts Lake Mead Blvd, Betty Lane and Meikle Lane.
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