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4725 E Russell Rd
Las Vegas, NV 89120
Mesa Ridge Multi-Res Development Land · Land For Sale · 3.83 AC

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Investment Highlights

  • ±3.83-acre infill site in an established Southeast Las Vegas residential corridor with elevated positioning and panoramic city views.
  • Strong regional access via Russell Road and Interstate 515.
  • Rough-graded with partial off-site improvements, supporting efficient development execution.
  • R-4 zoning allowing multi-family residential development up to ±25 units per acre, subject to approvals.
  • Conceptual site plans and architectural renderings available for a condominium or loft-style development.

Executive Summary

Prime ±3.83-acre infill development opportunity located atop Mesa Ridge in a supply-constrained submarket. Zoned R-4, allowing multi-family residential development, with conceptual plans available. The site benefits from strong access to Russell Road and Interstate 515 and is surrounded by established residential neighborhoods. Due to its elevated position on Mesa Ridge, the property offers unique, sweeping panoramic views of the Las Vegas Valley and city skyline that may enhance residential design and unit orientation.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Lodge or Meeting Hall
  • Restaurant
  • Single Family Development
  • Single Family Residence
Total Lot Size 3.83 AC
Zoning R-4 - R-4 – Multiple-Family Residential (Clark County), allowing low- to medium-density multi-family development up to ±25 units per acre, subject to approv

1 Lot Available

Lot

Price $2,000,000
Price Per AC $522,193.21
Lot Size 3.83 AC

±3.83-acre infill development site zoned R-4 (Multi-Family) in Clark County, Nevada. The property is rough graded with partial curb and gutter improvements and is suitable for low- to medium-density residential development (up to ±25 units per acre).

Description

The property consists of approximately 3.83 acres located in a well-established residential corridor in Southeast Las Vegas. The site offers strong regional connectivity via Russell Road and Interstate 515 and is positioned near existing and planned residential development. Current zoning supports multi-family residential uses, and preliminary planning materials have been prepared for a potential condominium or loft-style project. The site’s infill nature, scale, and access make it well-suited for a variety of residential development strategies, subject to buyer’s due diligence and governmental approvals.

Property Taxes

Property Taxes

Parcel Number
161-29-803-007
Land Assessment
$146,064
Improvements Assessment
$0
Total Assessment
$146,064
  • Listing ID: 39310785

  • Date on Market: 2/3/2026

  • Last Updated:

  • Address: 4725 E Russell Rd, Las Vegas, NV 89120

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