GFI Realty Services Acquires 29-Acre Development Site In Henderson, NV For $13.8M
15260 S Las Vegas Blvd, Henderson, NV, USA
$13,795,000
$11/SF
Building Size
1,254,092 SF
Asset Type
Development Site
Closing
Nov 12, 2021
AI
A development site located at 15260 S. Las Vegas Blvd. in Henderson, NV has been sold. The property spans approximately 29 acres and is situated in a prime location.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $13,795,000
- Address: 15260 S. Las Vegas Blvd., Henderson, NV
- Market: Henderson, NV
The seller of the property was Brass Cap, represented by Mike Chernine. The buyer was facilitated by Joshua Peck and Susan Annis of GFI Realty Services.
This transaction marks a significant deal for both the seller and buyer in the real estate market. The sale of the property at such a high value demonstrates its potential for development and future growth.
Players
Henderson Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.15%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93