.96 acre C-1 zoned parcel at Craig & Simmons

Simmons & Craig North Las Vegas, NV 89032

FOR SALE
Property Type:
Commercial Land Development
Amount:
$710,000
Last Verified:
Jul 07, 2020

Highlights

  • Craig Rd frontage
  • High traffic area
  • Active residential development in vicinity
  • North Las Vegas is a fast growing municipality

Description

This area is experiencing significant housing growth and has Craig Rd frontage, which had average annual daily traffic counts of 53,000 at the nearest measurement station.

The offered property is located within the growing, business friendly City of North Las Vegas. The property is approximately one mile from Craig Ranch, a new home community near Craig and Camino Al Norte. The property is situated in front of Lennar's recently completed The Hudson, an attached home community. Beazer Homes Hyde Park is also a short distance away.

Well-located C-1 zoned commercial land in a growing submarket. This property is suitable for many retail or office uses or as a potential rezone to residential. This parcel is .96 gross acres and can be purchased with two additional parcels (1.92 and an adjacent .96 gross acres.

Lot Size: 0.96 acres

Map of Simmons & Craig, North Las Vegas, NV, 89032

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.