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- LoopNet Team
N 5th St
North Las Vegas, NV 89086
5th St Village Development Site PUD Zoned · Land For Sale
·
16.89 AC
Investment Highlights
- +/-1300 Feet of frontage off North 5th Street
- +/- 612 Feet of frontage off East Rome Blvd.
- New Signalized Intersection
- +/- 612 Feet of frontage off East Centennial Pkwy
- 2 min drive North to US-215 Freeway
- HIGH DENSITY ZONING (PUD) Planned Unit Development
Property Facts
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Residential | Total Lot Size | 16.89 AC |
| Zoning | PUD, North Las Vegas - The PUD provides an innovative urban mixed used project that can include retail, services, entertainment, & residential. Can be singular use project | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 16.89 AC |
| Zoning | PUD, North Las Vegas - The PUD provides an innovative urban mixed used project that can include retail, services, entertainment, & residential. Can be singular use project |
Description
The 5th Street Village Development is a live/work Planned Unit Development site. The PUD zoning allows for high density projects. A preliminary plan was approved back in 2005 with current planned development for +/- 323 multifamily units with the ability to incorporate +/-74,800 square feet up to +/-103,000 Square feet of (C-2) Retail and/or Professional Office space. The PUD zoning can allow for single use to accommodate for most residential projects. This offers developers or investors the opportunity to adopt the current plan or present a new project within the limits of the PUD guidelines provided by the City of North Las Vegas. Preliminary development plans, Tentative map and civil improvements would need to be submitted for any new project. The City of North Las Vegas is underway with construction of new traffic signals located at North Fifth Street and East Centennial Parkway. This brings a very desirable aspect to the property, increasing site exposure and traffic flow to the site. The City has acquired +/- 0.90 acres of the existing (+/-18.45 acre) parcel to create a right-hand-turn lane off of E Centennial Pkwy turning to 5th St., as part of this development phase. The remaining gross acreage for the site being offered is +/- 17.55 acres.
Property Taxes
| Parcel Number | 124-23-401-001 | Improvements Assessment | $12,098,661 |
| Land Assessment | $3,187,800 | Total Assessment | $15,286,461 |
Property Taxes
