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5320 Meikle Lane

Las Vegas, NV 89156
  • $1,300,000
  • STATUS: Active Under Contract
  • ON SITE: 189 Days
  • MLS #: 2679635
Under Contract
UPDATED: 18 min ago
$1,300,000
  • 0
    BEDS
  • 0.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,488
    SQFT
  • $373
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Information

Elementary School:
,

Description

Prime Investment Opportunity " Lake Mead Blvd FrontageDont miss this rare and lucrative investment opportunity in a high-traffic, high-visibility location. Situated just off Lake Mead Boulevard, this nearly one-acre corner lot spans three frontages"Lake Mead Blvd, Betty Lane, and Meikle Lane"offering exceptional accessibility and development potential.The property currently generates rental income from a single-family residence and a duplex, providing immediate cash flow. A recently updated well system adds reliability and long-term value. The large vacant portion of the lot is ideally suited for future commercial development, with the potential for direct exposure on Lake Mead Blvd.Whether you're an investor seeking strong rental returns or a developer exploring commercial expansion, this property delivers both short-term income and long-term upside.

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Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Greater Las Vegas Association of Realtors] logo The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR deems information reliable but not guaranteed.Information provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-11-08T07:23:53.657.

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5320 Meikle Lane Las Vegas, NV 89156

  • Price: $1,300,000
  • Status: Active Under Contract
  • On Site: 189 Days
  • Updated: 18 min ago
  • MLS #: 2679635
0
Beds
0
Baths
0
½ Baths
0.99
Acres
3,488
SQFT
$373
$/SQFT
1960
Built
Neighborhood:
Sunrise Manor
County:
Clark
Elementary School:
,
Property Description
Prime Investment Opportunity " Lake Mead Blvd FrontageDont miss this rare and lucrative investment opportunity in a high-traffic, high-visibility location. Situated just off Lake Mead Boulevard, this nearly one-acre corner lot spans three frontages"Lake Mead Blvd, Betty Lane, and Meikle Lane"offering exceptional accessibility and development potential.The property currently generates rental income from a single-family residence and a duplex, providing immediate cash flow. A recently updated well system adds reliability and long-term value. The large vacant portion of the lot is ideally suited for future commercial development, with the potential for direct exposure on Lake Mead Blvd.Whether you're an investor seeking strong rental returns or a developer exploring commercial expansion, this property delivers both short-term income and long-term upside.
Exterior Features

Architectural Style Duplex Construction Materials StuccoWood Frame Exterior Features Private Yard Levels One Parking Features CoveredPaved Roof CompositionFlatShingle Structure Type Duplex

Interior Features

Appliances Electric Water HeaterOvenRangeRefrigeratorWater Heater Cooling Central Air Cooling YN Yes Flooring ResilientTile Furnished Unfurnished Heating CentralElectric Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Washer HookupDryer HookupLaundry Room Living Area 3488

Property Features

Association Amenities LandscapingRV Parking Association YN No Buyer Financing Conventional Contingency Other Development Name Disclosures Familial Relation Electric Photovoltaics None Gross Income 46200 Insurance Expense 1200 Listing Terms CashConventional Maintenance Expense 1500 Property Condition Good ConditionResale Property Sub Type Duplex Property Sub Type Additional Duplex Sewer Public Sewer Tax Annual Amount 2655 Tenant Pays Electricity Water Source PrivateWell Year Built Details RESALE

Listing courtesy of Francine Hart of Signature Real Estate Group: ihartfrancine@gmail.com.
Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Greater Las Vegas Association of Realtors] logo The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR deems information reliable but not guaranteed.Information provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-11-08T07:23:53.657.

Digital Millennium Copyright Act
 
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