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160-180 Dahlia St 0.92 Acres of Commercial Land Offered at $235,000 in Pahrump, NV 89048

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INVESTMENT HIGHLIGHTS

  • Utilities: Power (electric only), water, sewer, and telecom to site
  • Rapidly growing market with 95%+ occupancy in comps
  • 32-unit multifamily plan with high-efficiency 1BD/1BA units

EXECUTIVE SUMMARY

Presidio Hill Investments presents Mojave Sun Villas, a rare multifamily development site located at 160 & 180 Dahlia Street in the fast-growing market of Pahrump, Nevada. The site encompasses two parcels totaling 0.92 acres (APNs: 038-214-08 & 038-214-09) and is approved for a 32-unit apartment complex through a Conditional Use Permit (CUP) and approved preliminary site plan.
This is a prime opportunity for developers or build-to-rent investors seeking an efficient entry into a high-demand market with low development barriers. The property is being offered at just $11.48/SF—an outstanding value considering full entitlement and existing infrastructure. All utilities, including water, sewer, electric (Valley Electric Association), and telecommunications, are available at the property line. All developments in the area are electric only (no natural gas lines).
The Mojave Sun Villas plan includes 32 1-bedroom, 1-bathroom units ranging from 500–550 square feet each. The design features southwestern-inspired architecture, private unit entries, ceiling fans, jack-and-jill bathrooms, and energy-efficient layouts. Total rentable square footage is approximately 16,000 SF. A detention basin is integrated into the site plan for stormwater management, along with 64 proposed parking spaces (2 per unit).
Located within walking distance of grocery stores, government services, retail, and medical offices, Mojave Sun Villas offers residents convenience in a rapidly growing area. The site sits approximately 65 minutes from Las Vegas via Highway 160, attracting commuters and retirees alike seeking affordability, access to amenities, and proximity to natural attractions like Death Valley National Park.
Pahrump’s rental market remains strong with 1-bedroom units averaging $1,000–$1,300 per month. Local multifamily occupancy exceeds 95%, and nearby residential developments indicate continued demand. The property benefits from Nevada’s favorable tax environment—no state income tax, no corporate tax, and low property tax rates—making it even more attractive for long-term investors.
Mojave Sun Villas offers a low-risk, high-upside opportunity for developers ready to capitalize on Southern Nevada’s population growth, housing demand, and pro-development climate.

PROPERTY FACTS

Price $235,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.92 AC
Zoning GC - General Commercial zoning allows for a variety of commercial uses, including retail

1 LOT AVAILABLE

Lot

Price $235,000
Price Per AC $255,434.78
Lot Size 0.92 AC

Fully entitled 0.92-acre site approved for 32-unit multifamily development. All utilities to site. CUP and preliminary site plan approved. Offered at $459,000.

DESCRIPTION

This 0.92-acre site in the heart of Pahrump, Nevada, is fully entitled for the construction of a 32-unit multifamily development. With approved zoning via a CUP and an engineered preliminary site plan, the property eliminates entitlement risk and offers a swift path to groundbreaking. Utilities are stubbed to the site, and architectural renderings are available. The development is well-positioned for success given Pahrump’s rapid growth, strong rental market, and proximity to Las Vegas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 38-214-09
  • 38-214-08
Land Assessment
$10,498
Improvements Assessment
$0
Total Assessment
$10,498
  • Listing ID: 35241884

  • Date on Market: 3/24/2025

  • Last Updated:

  • Address: 160-180 Dahlia St, Pahrump, NV 89048

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