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Investment Highlights

  • 1.5 Acres on the corner of Vegas Dr and Leonard, just two blocks from the 95 Freeway
  • Zoning Classification "U" - Undeveloped Zone - Providing Multiple Options for Development
  • High-Traffic Intersection with a combined 31,547 CPD
  • Seller Financing Available

Executive Summary

Marcus and Millichap is pleased to present a unique investment opportunity located at the corner of N Leonard and Vegas Dr in Las Vegas, Nevada. This development opportunity is shovel ready with "U" classification zoning, which provides multiple routes for development. A rare 1.5-acre piece of land situated 4.5 miles from the Las Vegas Strip and just 1 mile from the highway and located on a hard corner with over 30K cars a day.

Property Facts

Price $1,300,000
Sale Type Owner User
Sale Condition REO Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Auto Repair
  • Bank
  • Bar
  • Casino
  • Restaurant
  • Storefront
  • Strip Center
Total Lot Size 1.50 AC
Zoning USC

1 Lot Available

Lot 1

Price $1,300,000
Price Per AC $864,017.01
Lot Size 1.50 AC
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
138-24-803-028
Land Assessment
$194,387
Improvements Assessment
$0
Total Assessment
$194,387
  • Listing ID: 34771701

  • Date on Market: 2/9/2025

  • Last Updated:

  • Address: 1620 Leonard Ln, Las Vegas, NV 89108

Contact the Sale Advisor

1620 Leonard Ln - Vacant Land

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