Lamb & Tropical North Las Vegas NV 89115 MLS #2242924

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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.
Listing Provided Courtesy of Mosaic Commercial Advisors LLC

Property Details

Price:
$4,140,000
MLS #:
2242924
Status:
Closed ((Sep 24, 2021))
Beds:
0
Baths:
0
Address:
Lamb & Tropical
Type:
Land
City:
North Las Vegas
Listed Date:
Oct 28, 2020
State:
NV
ZIP:
89115
Lot Size:
360,677 sqft / 8.28 acres (approx)

Schools

Elementary School:
,

Interior

Exterior

Financial

Buyer Agent Compensation
2.0000%
Taxes
$11,984

Directions

From I-15 north, exit Lamb and travel north .55 mile to the S/E corner of Lamb & Tropical.

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