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2294 N Pecos Rd 2.27 Acres of Commercial Land Offered at $2,364,471 CAD in Las Vegas, NV 89115
Investment Highlights
- 2.27 - acre infill multifamily development site
- Direct frontage on Pecos
- Estimated 40-70+ unit potential
Executive Summary
Based on current zoning, the site supports an estimated 40+ units, with the potential to scale to 70+ units through density optimization and/or assemblage with neighboring parcels. Surrounded by existing residential and ongoing infill development, this location is increasingly attractive for workforce housing, build-to-rent, and townhome projects.
Flat, development-ready site with utilities available in the street. Excellent access to I-15 and the 215 Beltway, with close proximity to major employment drivers including Nellis Air Force Base and the broader North Las Vegas industrial corridor.
Positioned in a supply-constrained submarket with strong rental demand and continued population growth, this offering presents a strategic opportunity for developers to establish a foothold ahead of further price appreciation.
Property Facts
| Price | $2,364,471 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 2.27 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | RM32 - RM32 Multiple-Family Residential High Density (18 units per acre) | ||
| Price | $2,364,471 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 2.27 AC |
| No. Stories | 1 |
| Zoning | RM32 - RM32 Multiple-Family Residential High Density (18 units per acre) |
1 Lot Available
Lot
| Price | $2,364,471 CAD | Lot Size | 2.27 AC |
| Price Per AC | $1,041,616.97 CAD |
| Price | $2,364,471 CAD |
| Price Per AC | $1,041,616.97 CAD |
| Lot Size | 2.27 AC |
±2.27 AC Infill Multifamily Site | 40–70+ Units | Assemblage Upside | N Pecos Corridor
Description
Rare opportunity to acquire a ±2.27-acre infill multifamily development site with direct frontage on N Pecos Rd, located within a rapidly emerging rental housing corridor in Northeast Las Vegas. Zoned for multifamily residential (~18 du/ac) with master plan potential up to ~32 du/ac, the site supports an estimated 40+ units by-right, with the ability to scale to 70+ units through density optimization and assemblage with neighboring parcels. The property is flat, development-ready, and benefits from utilities available in the street, helping reduce upfront development costs. Surrounded by established residential neighborhoods and ongoing infill housing activity, the site is ideally suited for workforce apartments, build-to-rent communities, or townhome development. Strategically positioned near major employment drivers including Nellis Air Force Base and the North Las Vegas industrial corridor, the location supports strong and consistent rental demand. Convenient access to I-15 and the 215 Beltway provides connectivity to the broader Las Vegas market, including Harry Reid International Airport and the Las Vegas Strip. This offering represents a compelling opportunity for developers to establish a foothold in a high-demand, supply-constrained submarket ahead of continued growth and price appreciation.
Property Taxes
| Parcel Number | 140-19-101-002 | Improvements Assessment | $32,177 CAD |
| Land Assessment | $204,556 CAD | Total Assessment | $236,734 CAD |
Property Taxes
Presented by
2294 N Pecos Rd
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