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1371 N LINDA st - Pechstein Ranch: 448 Acres/Residential/Mixed 448 Acres of Residential Land Offered at $6,899,990 in Pahrump, NV 89060
INVESTMENT HIGHLIGHTS
- Lower land acquisition cost relative to Clark County
- Valuable Water rights
- Minimal holding costs
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $6,899,990 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Master Planned Community |
| No. Lots | 1 | Total Lot Size | 448.00 AC |
| Property Type | Land | Cross Streets | Irene & Linda |
| Zoning | RE-1 & MU - Residential and mixed-use commercial zoning. | ||
| Price | $6,899,990 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Master Planned Community |
| Total Lot Size | 448.00 AC |
| Cross Streets | Irene & Linda |
| Zoning | RE-1 & MU - Residential and mixed-use commercial zoning. |
1 LOT AVAILABLE
Lot
| Price | $6,899,990 | Lot Size | 448.00 AC |
| Price Per AC | $15,401.76 |
| Price | $6,899,990 |
| Price Per AC | $15,401.76 |
| Lot Size | 448.00 AC |
Offering includes 444.4 contiguous acres planned as a private gated community with 305 homesites. A developer may pursue larger lots or seek higher-density entitlements after closing.
DESCRIPTION
The offering consists of a development plan for 444.4 contiguous acres and was designed and engineered as a private gated community with 305 homesites. These homesites are larger than typical, providing owners with a semi-rural lifestyle and opportunities to plan a variety of uses, including equestrian. This is not offered by a majority of Nye and Clark County masterplans. The original concept included custom lots that could be sold to individuals or builders. A developer could consider the market for larger homesites or attempt an entitlement for a higher density after closing. To re-initiate a project, a developer could utilize the much of the prior planning and engineering materials and accelerate due diligence. Presently, the land is leased to a farming operation, and the water rights are kept in good standing.
PROPERTY TAXES
| Parcel Number | 35-041-71 | Improvements Assessment | $6,097 |
| Land Assessment | $128,409 | Total Assessment | $134,506 |
PROPERTY TAXES
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1371 N LINDA st - Pechstein Ranch: 448 Acres/Residential/Mixed
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