4640 E Lake Mead Blvd

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4640 E Lake Mead Blvd

Las Vegas, NV 89115
Asking Price
$3.70M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel totaling 3.22 acres in Las Vegas
  • Offered for sale at a price of $3,700,000
  • Strategically situated at a corner on East Lake Mead Boulevard
  • Located within the expanding Las Vegas metropolitan market area
  • Suitable for a variety of potential commercial development projects

What's Special

Priced at $3,700,000, this 3.22-acre commercial land parcel sits at a prominent corner at 4640 E Lake Mead Blvd in Las Vegas, Nevada. The property occupies a strategic position within the 89115 zip code, providing significant exposure for future development. Las Vegas continues to serve as a major hub for tourism and logistics, anchored by a diverse economy that attracts consistent investment interest across the metropolitan area. The substantial acreage and corner orientation allow for flexible site planning, making this an appropriate selection for various commercial use cases requiring high visibility and accessibility in a growing urban corridor. Investors and developers looking to establish a footprint in this submarket will find the site well-positioned to leverage the area's infrastructure and proximity to regional thoroughfares. The scale of the parcel supports a range of potential commercial configurations, offering the space necessary to accommodate functional design layouts tailored to modern business requirements in the Las Vegas valley.

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NOI
$80,000
Cap Rate
2.16%
DSCR
0.36
Underwater
Cash-on-Cash
-12.58%
Monthly Payment
$18,305.581
Annual Cash Flow
$-139,666.975

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