2005 Pinto Lane, Las Vegas, NV 89106, Las Vegas, 89106 - 4 bed, 3 bath
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Las Vegas, NV 89106
Analysis of 2005 Pinto Lane, Las Vegas, NV 89106 is currently available with a list price of $850,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property features original 1955 construction described as 'aging improvements' that require significant modernization. The listing explicitly states that the 'true value lies in the land and location' for future redevelopment and eventual demolition, indicating the structures are in poor condition relative to modern standards and are primarily being sold for their PD-zoned lot value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1690.
Situated in the heart of the Las Vegas Medical District near UMC and UNLV School of Medicine, the property offers exceptional long-term appreciation and high demand for medical-related use.
The over 1/4-acre lot is PD-zoned and surrounded by new commercial development, providing a prime opportunity for future commercial conversion or high-density redevelopment.
At $950,000, the list price reflects the land's commercial potential rather than the residential value of the 1955 structures, which may limit the buyer pool to specialized investors.
The original 1955 construction likely requires significant modernization or eventual demolition to achieve the property's highest and best use, adding to the total investment cost.
Prime opportunity in the heart of the Las Vegas Medical District! This over ¼-acre PD-zoned property features a 3-bed, 2-bath main home plus a detached 1-bed, 1-bath guest unit with full kitchen and living space. Surrounded by new commercial development, this lot offers incredible potential for future redevelopment. Perfect for buy-and-hold investors seeking rental income and long-term appreciation. Includes an in-ground pool and ample space. The true value lies in the land and location—minutes from UMC, Valley Hospital, and UNLV School of Medicine. Buyer to verify all zoning and use potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 3.0 | 2.0 | 91% |
| Square foot | 1,690 | 1,303 | 74% |
| Lot Size | 11,326 | 6,316 | 91% |
| Price | $850.0K | $316.2K | 99% |
| Price per sq ft | $503 | $225 | 99% |
| Built year | 1955 | 1965 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 142 | 677 | 9% |
Apr 20, 2026
$850,000
$950,000
-11% Price Drop
Initial Listing
Jan 23, 2026
$950,000
Initial Listing