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E Russell Rd
Henderson, NV 89011
Land For Sale · 11.18 AC

INVESTMENT HIGHLIGHTS

  • R-3 medium to high density approved zoning (allows for 18 units per acre)
  • +/- 578 feet of frontage off Emerald Ave
  • Mins to us-95 freeway access straight down Russell Rd.
  • +/- 418 feet of frontage off Russell Rd
  • Great Visibility located near signalized corner
  • Close access to 215-Beltway, Lake Mead, and Las Vegas International Airport

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Single Family Development
Total Lot Size 11.18 AC
Cross Streets Boulder Hwy
Zoning R-2, M-1, C-2 - 18 units per acre

DESCRIPTION

Boulder Village located in the rapidly growing east side of Las Vegas, NV in the Boulder Hwy corridor. Conveniently off the US-95 more centrally on the border of 89122 and 89011 at Boulder Hwy and E. Russell. More than +/- 144,000 people moved to the surrounding area of 89122 and 89011, which shows an annual growth rate of 9.0% y-o-y one of the fastest-growing locations in the country and expected to continue into 2035. This is a rare opportunity to acquire a development in an area where the growing demand for new homes is on the rise. As the growing population creates demand for more housing where medium to high-density residential zoning supply is limited property values have a higher possibility of increasing due to this demand alone. New residents also may generate demand for different housing types. Locating higher density, multi-unit buildings near transit can provide new residents options in a way that reduces traffic impacts and the amount residents have to spend overall on housing and transportation, creating desirability.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 161-34-501-002
  • 161-27-403-012
Land Assessment
$1,183,655
Improvements Assessment
$0
Total Assessment
$1,183,655
  • Listing ID: 16886679

  • Date on Market: 8/12/2019

  • Last Updated:

  • Address: E Russell Rd, Henderson, NV 89011

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