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520-540 N 28th St - Co Op Bonus! 2.42 Ac. Approved 192 Units! 2.42 Acres of Residential Land Offered at $2,095,000 in Las Vegas, NV 89101
INVESTMENT HIGHLIGHTS
- Site is approved for 192 units-Zoned R-4 High Density Multi Family
- Located near I-95 and Eastern
- Two blocks west of the new Mixed Use Community being developed on the 95 Acre Desert Pines Golf Course.
- Located in the Opportunity Zone and QCT-Qualified Census Tract Zone.
- Close to shopping, schools, new public library and churches
EXECUTIVE SUMMARY
Close to shopping, bus lines, churches, and schools! Near the new 95 acre Desert Pines mixed-use community.
PROPERTY FACTS
| Price | $2,095,000 | Proposed Use | Multifamily |
| Sale Type | Investment | Total Lot Size | 2.42 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | R4 - Zoned HDR-R-4 Approved for up to 79 units per acre. Renderings show 192 for sale units. | ||
| Price | $2,095,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 2.42 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | R4 - Zoned HDR-R-4 Approved for up to 79 units per acre. Renderings show 192 for sale units. |
1 LOT AVAILABLE
Lot
| Price | $2,095,000 | Lot Size | 2.42 AC |
| Price Per AC | $865,702.48 |
| Price | $2,095,000 |
| Price Per AC | $865,702.48 |
| Lot Size | 2.42 AC |
Northeast Corner of 28th St and Cedar Ave.
DESCRIPTION
Seller Motivated! Unique opportunity to acquire this 2.42 +/- acre infill site approved for 192 multi-family units (79.34 dwelling units per acre). The property is zoned High-Density Residential (R-4) and is located within the Qualified Census Tract (QCT) zone. It is situated northeast of the I-95 and Eastern Avenue exit, in proximity to shopping, schools, and major transportation access. The site is west of the proposed 95-acre Desert Pines mixed-use project and close to downtown, as well as the newly constructed $30 million East Las Vegas Library. Brokers-Ask Susan about the amazing broker Co-Op! For more information, please contact Susan Hunt Krygiell at 702-768-1926.
PROPERTY TAXES
| Parcel Number | 139-36-110-034 | Improvements Assessment | $0 |
| Land Assessment | $115,335 | Total Assessment | $115,335 |
PROPERTY TAXES
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520-540 N 28th St - Co Op Bonus! 2.42 Ac. Approved 192 Units!
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