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Bank Owned Multi Housing Development
          Site for Sale
          3.83 Acres
          4725 E. Russell Rd., Las Vegas, NV 89101

                                                                                                                                                                      Just Listed / Land Group



                           SITE




                                                                                                                                                           L RD
                                                                                                                                                        SEL
                                                                                                                                                    RUS




    Snapshot                                                                                               Investment Highlights
     Acres           3.83 Gross Acres                                                                      The site is a 166,835 SF piece of land at the Whitney Mesa summit.
     APN             161-29-803-007                                                                        Originally, the plan was to construct a 73 unit condominium
     Zoning          Multiple-Family Residential - High                                                    project with 196 parking spaces.
                     Density [25 Units per Acre] (R-4)
     Planned Landuse PF - Schools, Churches, Public                                                        Civil engineering plans have been completed depicting limits of
     Views           Panoramic views of the Las Vegas                                                      slope removal and grading plan to grade the site with a drainage
                     Valley                                                                                detention basin. Cardno WRG completed as-built plans. The tech-
     Asking Price    Contact Broker                                                                        nical drainage study has been approved.

                                                                                                           The development pad & scarp (soil grade changes) are completely
                                                                                                           stabilized.

                                                                                                           The zoning was made permanent by Ordinance 3071 in March
                                                                                                           2004.
     Exclusive Advisors:
     Curt Allsop                                  Doug Schuster                                       Vittal Ram                                 Suzanne Sprenger
     Senior Advisor                               Senior Vice President                               Advisor                                    Marketing Assistant
     702.733.7500 x 279                           702.733.7500 x 273                                  702.733.7500 x 290                         702.733.7500 x 282
     callsop@gelasvegas.com                       dschuster@gelasvegas.com                            vram@gelasvegas.com                        ssprenger@gelasvegas.com
     S.0078569                                    S.0049235                                           S.0054580                                  S.0077740


    To learn more, please contact:
    Grubb & Ellis|Las Vegas | 3930 Howard Hughes Pkwy | Suite 180 | Las Vegas, NV 89183 | www.gelasvegas.com
The information contained herein was obtained from sources believed reliable; however, Grubb & Ellis Company makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of
this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.
Bank Owned Multi Housing Development
  Site for Sale
  3.83 Acres
  4725 E. Russell Rd., Las Vegas, NV 89101

                                                                                                                                                                                                           Just Listed / Land Group
                                                                                                             EAST




                                                                                       NELLIS BLVD
APARTMENTS                                  HARMON AVE                                                       SIDE
CONDOS
RETAIL CENTERS
                                                                                                           CANNERY
PUBLIC SCHOOLS
OFFICE BUILDINGS
INDUSTRIAL/MIXED-USE
CASINOS
MASTER PLANNED COMMUNITIES
                                                                                                                                                      TROPICANA AVE




                                                                                                                                         BO
                                                                                                                                                 UL
                                                                                                                                                      DE
                                                                                                                                                        R
                                                                                                                                                         HW
                                                                                                                                                            Y
                                                         SITE
                                                                                                     515
                                                                                                             93
                      RUSSELL RD                                                                                            95
                                                                                                                                                                      LOCATION    The parcel is located in the eastern submarket of the Valley just north
                                                                                                                                                                                  of some of Henderson’s established master planned communities.
                                                MOUNTAIN VISTA ST




                                                                                                                                                                      AREA        The site is located amid strong demographics of approximately
                                                                                                                                                                                  137,294 residents with a median household income of $74,084.
                                                                                                                                                                                  There are numerous employment centers, schools, housing and retail
                                                                                                                                                                                  centers within the surrounding area.

                                                                                                                  WHITNEY                                             IMMEDIATE   The parcel overlooks Mesa Ridge & The Venue apartment complexes.
                                                                                                                                       STEPHANIE ST
                   GREEN VALLEY PKWY




                                                                                                                  RANCH                                               ENVIRONS    The location also affords Strip views to the West and views of the
                                                                                                                                                                                  Valley & Sunrise Mountain to the East.

                                                                                                                                                                      SITE        Irregularly shaped parcel with approximately 880 feet of driveway
                                                                                                                                                                      FEATURES    leading up to the site. The site affords spectacular views.
                                                                    VA LLEY VERDE D




                                                                                                                                                                      ZONING      Multiple-Family Residential - High Density [25 Units per Acre] (R-4)
                                       GREEN                                                                                     SUNSET RD
                                                                                                            ARROYO G R




                                       VALLEY                                                                                                            GREEN        LANDUSE     PF - Schools, Churches, Public Facilities
                                                                                                                                                         VALLEY
                                                                                                                                                                      UTILITIES
                                                                                                                                                         RANCH
                                                                                   R




                                                                                                                       AN
Bank Owned Multi Housing Development
Site for Sale
3.83 Acres
4725 E. Russell Rd., Las Vegas, NV 89101

                                                                      Just Listed / Land Group




   Demographics
   2010 Population
         Distance Household
         1 mile             14,934
         3 miles            137,294
         5 miles            368,620

  2010 Average Household Income
         Distance Household
          1 mile           $66,805
          3 miles          $74,084
          5 miles          $70,981

  AAD Traffic Counts
   Street Name                                  Traffic Count
   Russell Rd, 0.1 mile W of US-95               23,000
               Source: State of Nevada Department of Transportation

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Listing Flyer

  • 1. Bank Owned Multi Housing Development Site for Sale 3.83 Acres 4725 E. Russell Rd., Las Vegas, NV 89101 Just Listed / Land Group SITE L RD SEL RUS Snapshot Investment Highlights Acres 3.83 Gross Acres The site is a 166,835 SF piece of land at the Whitney Mesa summit. APN 161-29-803-007 Originally, the plan was to construct a 73 unit condominium Zoning Multiple-Family Residential - High project with 196 parking spaces. Density [25 Units per Acre] (R-4) Planned Landuse PF - Schools, Churches, Public Civil engineering plans have been completed depicting limits of Views Panoramic views of the Las Vegas slope removal and grading plan to grade the site with a drainage Valley detention basin. Cardno WRG completed as-built plans. The tech- Asking Price Contact Broker nical drainage study has been approved. The development pad & scarp (soil grade changes) are completely stabilized. The zoning was made permanent by Ordinance 3071 in March 2004. Exclusive Advisors: Curt Allsop Doug Schuster Vittal Ram Suzanne Sprenger Senior Advisor Senior Vice President Advisor Marketing Assistant 702.733.7500 x 279 702.733.7500 x 273 702.733.7500 x 290 702.733.7500 x 282 callsop@gelasvegas.com dschuster@gelasvegas.com vram@gelasvegas.com ssprenger@gelasvegas.com S.0078569 S.0049235 S.0054580 S.0077740 To learn more, please contact: Grubb & Ellis|Las Vegas | 3930 Howard Hughes Pkwy | Suite 180 | Las Vegas, NV 89183 | www.gelasvegas.com The information contained herein was obtained from sources believed reliable; however, Grubb & Ellis Company makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice.
  • 2. Bank Owned Multi Housing Development Site for Sale 3.83 Acres 4725 E. Russell Rd., Las Vegas, NV 89101 Just Listed / Land Group EAST NELLIS BLVD APARTMENTS HARMON AVE SIDE CONDOS RETAIL CENTERS CANNERY PUBLIC SCHOOLS OFFICE BUILDINGS INDUSTRIAL/MIXED-USE CASINOS MASTER PLANNED COMMUNITIES TROPICANA AVE BO UL DE R HW Y SITE 515 93 RUSSELL RD 95 LOCATION The parcel is located in the eastern submarket of the Valley just north of some of Henderson’s established master planned communities. MOUNTAIN VISTA ST AREA The site is located amid strong demographics of approximately 137,294 residents with a median household income of $74,084. There are numerous employment centers, schools, housing and retail centers within the surrounding area. WHITNEY IMMEDIATE The parcel overlooks Mesa Ridge & The Venue apartment complexes. STEPHANIE ST GREEN VALLEY PKWY RANCH ENVIRONS The location also affords Strip views to the West and views of the Valley & Sunrise Mountain to the East. SITE Irregularly shaped parcel with approximately 880 feet of driveway FEATURES leading up to the site. The site affords spectacular views. VA LLEY VERDE D ZONING Multiple-Family Residential - High Density [25 Units per Acre] (R-4) GREEN SUNSET RD ARROYO G R VALLEY GREEN LANDUSE PF - Schools, Churches, Public Facilities VALLEY UTILITIES RANCH R AN
  • 3. Bank Owned Multi Housing Development Site for Sale 3.83 Acres 4725 E. Russell Rd., Las Vegas, NV 89101 Just Listed / Land Group Demographics 2010 Population Distance Household 1 mile 14,934 3 miles 137,294 5 miles 368,620 2010 Average Household Income Distance Household 1 mile $66,805 3 miles $74,084 5 miles $70,981 AAD Traffic Counts Street Name Traffic Count Russell Rd, 0.1 mile W of US-95 23,000 Source: State of Nevada Department of Transportation