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BANK OWNED! PRICE REDUCTION!

195+/- Acres
Sage Sunrise
Las Vegas, NV

LOCATION: East side of Los Feliz Street (600' frontage), between E. Owens Avenue and E. Bonanza Road. Subject offers spectacular views of the Las Vegas strip and surrounding mountains. Just east of the Mormon Temple.
   
APN / SIZE: 140-26-601-003; 140-26-701-005; 140-26-801-004 = 195+/- acres.
   
ZONING:

RE - Rural Estates. Two residential units/gross acre. Zoning jurisdiction: Clark County.

BUYER TO VERIFY ZONING AND THAT IT WILL ALLOW BUYER'S INTENDED USE.

   
UTILITIES: Water - Las Vegas Water District; Sewer - Clark County Water Reclamation; Electricity - Nevada Energy; Natural Gas - Southwest Gas Corp.
   
POTENTIAL: Unverified data notes approximately 110 acres are buildable. Based on maximum density of two dwelling units per gross acre, 390 potential residential units per the current zoning. Buyer to verify. Great views of the Las Vegas Strip to the west and Sunrise Mountain to the east.
   
OTHER: The subject is adjacent to the Cesar Chavez Park. Park includes basketball, fitness courts, picnic areas, playgrounds, and walking trails. Site is also located near the only Las Vegas Mormon Temple and O'Callaghan Middle School. Active area builders are DR Horton and Harmony Homes.
   
PRICE:

REDUCED TO $3,600,000. Documents indicated previous appraised value in July 2006 of $37,100,000. This property is lender owned and is being sold "As-is, Where-is." Seller financing available. Motivated lender. Make an offer!

   
CONTACT:

Bill Korek (NV RED Lic. B.1000817.Coop | CA 00861992) at 800-370-5263 or 702-540-8919 or Bill Boschetto (NV RED Lic. S.0046044) at Focus Group at 702-242-4949 or bboshetto@fcglv.com for additional information. This is a shared listing with Focus Group.

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DISCLAIMER NOTICE TO BUYER: The above information contained herein was obtained from third parties, and it has not been independently verified by the real estate brokers. Buyer should have the experts of their choice inspect the property and verify all information. Real estate brokers are not qualified to act as or to select experts with respect to legal, tax, environment, zoning, building construction, soils-drainage, or other such matters. Please click here to view our full disclaimer.

 

Licensed in California and Nevada
CA DRE Lic. 00861992 | NV RED Lic. B.1000713.Corp

Korek Land Company, Inc.
15230 Burbank Blvd., Suite 101 | Sherman Oaks, CA 91411 | 818-787-3077 | mail@korekland.com