$5,200,000
Last Sold Price
191,271 / 4.39
Lot Size / Acres

Description

This redevelopment property is an enticing investment opportunity, strategically priced for a swift REO asset transaction with a highly motivated lender! For those seeking financial flexibility, seller financing is available, offering a versatile solution. Beyond its current state, the property holds immense potential, inviting exploration into avenues like continued townhome construction, initiating a new development, or even converting to commercial use. With Phase I subdivided into 31 lots; with...This redevelopment property is an enticing investment opportunity, strategically priced for a swift REO asset transaction with a highly motivated lender! For those seeking financial flexibility, seller financing is available, offering a versatile solution. Beyond its current state, the property holds immense potential, inviting exploration into avenues like continued townhome construction, initiating a new development, or even converting to commercial use. With Phase I subdivided into 31 lots; with 15 townhomes reaching 70% completion, and Phase II offering 48 undeveloped lots, the property provides a versatile platform. The prospect of rezoning Phase II into a large commercial lot or individual parcels adds a distinctive layer to its potential. Nestled in Downtown Las Vegas, this property enjoys an enviable location just minutes away from The Fremont Street Experience and the World Famous Las Vegas Strip, solidifying its appeal in the flourishing Downtown Las Vegas real estate market!
  1. Listed by Lindsey Butler • Keller Williams Realty Las Veg • (702) 823-3600

Property Details for North 25th Street

Zoning Description
Commercial,Single Family
LISTING UPDATED: 01/24/2025 12:32 AM

Property Details for North 25th Street

StatusClosed
MLS #2545350
Days on Market32
Taxes$440 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size4.39 AC
CountyClark County

Location

Listing Courtesy of Keller Williams Realty Las Veg

Sold By Keller Williams Realty Las Veg

Add your commute

Building Information for North 25th Street

Lot Size4.39 AC

Payment Calculator

$27,282 per month

30 year fixed, 6.845% Interest

Principal and Interest

$27,245

Property Taxes

$37

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for North 25th Street

Summary
Location and General Information
  • City: Las Vegas
  • County Or Parish: Clark
  • Cross Street: Eastern & 25th
  • Directions: From US-95N, South on Eastern; Community is on your LEFT at Eastern & N. 25th Street (located just before Fremont Street).
  • Map Coordinate: ,
  • Latitude: 36.160329
  • Longitude: -115.116571
  • State Or Province: NV
  • Postal Code: 89101
Taxes and HOA Information
  • Parcel Number: 139-35-818-019
  • Association: No
  • Tax Annual Amount: $440.00
School Information
  • Elementary School: ,
Virtual Tour
Distance to
  • Distance To Electric Comments: Other
  • Distance To Gas Comments: At Site
  • Distance To Sewer Comments: Public
  • Distance To Water Comments: Public
Property
Lot Information
  • Additional Parcels Description: 139-35-818-032-139-35-818-022-139-35-818-023-139-35-818-024
  • Lot Features: CornerLot
  • Lot Size Acres: 4.391
  • Lot Size Area: 4.391
  • Lot Size Units: Acres
  • Living Area: 0.0
  • Lot Size Square Feet: 190318.0
Property and Assessments
  • Documents Count: 1
  • Public Survey Range: 61
  • Public Survey Section: 35
  • Public Survey Township: 20
  • Sign On Property: No
  • Photos Count: 99
Utilities
  • Electric: Other
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Community Features: Curbs, Gated
  • Security Features: GatedCommunity
Room Information
Room 1
  • Human Modified: No
Multi Family
Mobile & Manufactured Home
  • Human Modified: No
Multi-Family Information
  • Special Listing Conditions: RealEstateOwned

Property History for North 25th Street

DateEvent & SourcePriceAppreciation
Jan 24, 2024

Sold

Las Vegas REALTORS #2545350

$5,200,000—
Jan 4, 2024

Pending

Las Vegas REALTORS #2545350

—
Jan 4, 2024

In Contract

Las Vegas REALTORS #2545350

—
Dec 3, 2023

Listed (Active)

Las Vegas REALTORS #2545350

$5,500,000—
DateEvent & SourcePrice
01/24/2024

Sold

Las Vegas REALTORS #2545350

$5,200,000
01/04/2024

Pending

Las Vegas REALTORS #2545350

—
01/04/2024

In Contract

Las Vegas REALTORS #2545350

—
12/03/2023

Listed (Active)

Las Vegas REALTORS #2545350

$5,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near North 25th Street

This home is within Clark County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Sunrise Acres Elementary School
PublicPK to 5

Roy West Martin Middle School
Public6 to 8

Desert Pines High School
Public9 to 12

Variety Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Realty Las Veg

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Greater Las Vegas Association of Realtors MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR deems information reliable but not guaranteed. Information provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 of the Greater Las Vegas Association of Realtors MLS.