
Las Vegas, NV 89115
Analysis of 2294 N Pecos Road, Las Vegas, NV 89115 is currently available with a list price of $1,698,980. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 land value only, full reconstruction required.
The property is marketed primarily as a 2.27-acre development site. The existing structure, built in 1951, is described as an obsolete improvement that likely requires demolition to facilitate the property's highest and best use for multifamily development. The value is based on the land rather than the condition of the current building.
The property features favorable multifamily zoning (±18 du/ac) with master plan potential up to ±32 du/ac, offering significant upside for apartments or build-to-rent communities.
Proximity to Nellis Air Force Base and major transportation arteries like I-15 and the 215 Beltway ensures consistent demand for workforce housing.
The ±2.27-acre lot is flat and usable with utilities already available in the street, streamlining the pre-construction phase for developers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1760, other record living area = 880.
The existing structure dates back to 1951, likely requiring demolition and site clearing costs to achieve the property's highest and best use.
Located in the Northeast submarket, the investment's performance is heavily tied to the local industrial and military employment sectors.
Prime ±2.27-acre development opportunity with frontage on N Pecos Rd in a rapidly growing area of Las Vegas. Zoned for multifamily residential (±18 du/ac) with master plan potential up to ±32 du/ac, offering strong upside for higher-density development. Ideal for apartments, townhomes, or build-to-rent community. Flat, usable lot with utilities available in the street. Located within an established residential corridor experiencing ongoing infill and new housing development. Convenient access to major employment centers, shopping, and transportation routes, including I-15 and the 215 Beltway. Minutes from Nellis Air Force Base and within close proximity to Harry Reid International Airport, making this an attractive location for workforce housing demand. Excellent opportunity for developers or investors seeking infill land with strong growth potential in the Northeast Las Vegas submarket.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1951 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 1, 2026
$1,698,980
Initial Listing