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Résumé analytique
Development Opportunity | Multifamily-Zoned Site – Las Vegas, NV
1812 Santa Paula Drive offers a rare multifamily-zoned infill development opportunity in a central Las Vegas location with accelerating residential demand. The property is currently improved with an existing structure previously operated as a chiropractor’s office, allowing for short-term income or interim use while entitlements and redevelopment plans are finalized.
The underlying multifamily zoning unlocks significant density potential, making this site ideal for ground-up apartment development, townhome construction, or a small multifamily project, subject to buyer verification. With strong surrounding fundamentals, proximity to major employment corridors, and easy access to arterial roadways, this location checks the boxes developers look for when targeting efficient, high-demand rental product.
This is a true land-play with optionality: hold and operate short term, reposition, or redevelop for maximum upside. Properties with existing improvements, flexible interim use, and multifamily zoning in this submarket are increasingly scarce.
Investment Highlights
Multifamily zoning – redevelopment-ready
Infill location with proven tenant demand
Existing structure provides holding income potential
Ideal for small-to-mid scale multifamily development
Strong long-term appreciation and rental fundamentals
Offered for investors and developers seeking yield compression, density, and exit flexibility in one of Las Vegas’ most active infill corridors.
Buyer to verify zoning, density, and development feasibility.
1812 Santa Paula Drive offers a rare multifamily-zoned infill development opportunity in a central Las Vegas location with accelerating residential demand. The property is currently improved with an existing structure previously operated as a chiropractor’s office, allowing for short-term income or interim use while entitlements and redevelopment plans are finalized.
The underlying multifamily zoning unlocks significant density potential, making this site ideal for ground-up apartment development, townhome construction, or a small multifamily project, subject to buyer verification. With strong surrounding fundamentals, proximity to major employment corridors, and easy access to arterial roadways, this location checks the boxes developers look for when targeting efficient, high-demand rental product.
This is a true land-play with optionality: hold and operate short term, reposition, or redevelop for maximum upside. Properties with existing improvements, flexible interim use, and multifamily zoning in this submarket are increasingly scarce.
Investment Highlights
Multifamily zoning – redevelopment-ready
Infill location with proven tenant demand
Existing structure provides holding income potential
Ideal for small-to-mid scale multifamily development
Strong long-term appreciation and rental fundamentals
Offered for investors and developers seeking yield compression, density, and exit flexibility in one of Las Vegas’ most active infill corridors.
Buyer to verify zoning, density, and development feasibility.
Informations sur l’immeuble
Type de vente
Investissement ou propriétaire occupant
Type de bien
Bureau
Sous-type de bien
Médical
Surface de l’immeuble
214 m²
Classe d’immeuble
C
Année de construction
1951
Prix
560 865 €
Prix par m²
2 623,69 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Surface type par étage
214 m²
Coefficient d’occupation des sols de l’immeuble
0,28
Surface du lot
0,08 ha
Zonage
R-4 - Currently use permitted as an office space
Stationnement
10 places (46,78 places par 1 000 m² loué)
Caractéristiques
- Chauffage central
- Climatisation
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Taxes foncières
| Numéro de parcelle | 162-03-312-014 | Évaluation des aménagements | 18 780 € |
| Évaluation du terrain | 34 991 € | Évaluation totale | 53 771 € |
Taxes foncières
Numéro de parcelle
162-03-312-014
Évaluation du terrain
34 991 €
Évaluation des aménagements
18 780 €
Évaluation totale
53 771 €
1 sur 15
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
1812 Santa Paula Dr
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