NAI Excel is pleased to present an opportunity for an investor and/or user to acquire 5.0 acres in Pahrump, Nevada. The subject property is zoned Neighborhood Commercial, a 1,398 sq. ft. single story residential unit with slab porch with roof, attached garage (528 sq. ft.) 2 sheds (216 sq. ft. and 192 sq. ft), domestic well, 3-acre ft. of water, 2 electric meters (house and well)
Pahrump is located within Nye County, Nevada. Just 55 miles from Las Vegas, having a population of appx 55,000, Pahrump is currently experiencing a growth spurt. Much of this attention is for residential development, and with this comes commercial development needs. National homebuilders recognize and are focusing on tertiary markets around Las Vegas, with Pahrump being at the top. This is due to the rising demand for housing and lack of affordable land within Clark County. The area of focus is at the Southern end of Pahrump, closest to Las Vegas and within very close proximity to the subject property.
The subject property has many possibilities. Whether as a personal residence, some light farming, rental, and/or carve out the corner vacant land to an end-user, such as a C-store, small neighborhood retail, quick serve restaurant, mid-size sit down restaurant, supporting the need of the increased residential growth in the area. With Seller financing available, it’s a win-win for a Owner/User/Investor/Developer.