Rare opportunity to acquire a ±2.27-acre infill multifamily development site with direct frontage on N Pecos Rd, located within a rapidly emerging rental housing corridor in Northeast Las Vegas.
Zoned for multifamily residential (~18 du/ac) with master plan potential up to ~32 du/ac, the site supports an estimated 40+ units by-right, with the ability to scale to 70+ units through density optimization and assemblage with neighboring parcels.
The property is flat, development-ready, and benefits from utilities available in the street, helping reduce upfront development costs. Surrounded by established residential neighborhoods and ongoing infill housing activity, the site is ideally suited for workforce apartments, build-to-rent communities, or townhome development.
Strategically positioned near major employment drivers including Nellis Air Force Base and the North Las Vegas industrial corridor, the location supports strong and consistent rental demand. Convenient access to I-15 and the 215 Beltway provides connectivity to the broader Las Vegas market, including Harry Reid International Airport and the Las Vegas Strip.
This offering represents a compelling opportunity for developers to establish a foothold in a high-demand, supply-constrained submarket ahead of continued growth and price appreciation.
Ryan Tsui
Las Vegas Sotheby’s International Realty
