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Updated about 2 months ago on .

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Thomas Daniel
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looking for CASH BUYER

Thomas Daniel
Posted
📍 Off-Market Vacant Lot – Las Vegas (Section 10 Area)

7242 Lafite Ct – Assignable Contract

💰 Deal Overview

  • Assignment Price: $340,000
  • Lot Size: ~0.45 acres
  • Zoning: Residential (custom home)
  • Utilities: Nearby
  • HOA: None

📊 Investment Highlights

  • Located in a custom home pocket (Section 10 / Spring Valley area)
  • Surrounded by half-acre luxury builds
  • Limited inventory of buildable lots in this size range

📈 Land Value Context

  • Active listings for similar lots in 89117: ~$400K–$430K+
  • Subject property previously listed around $399K

👉 Offered at $340K, creating margin vs current market inventory

🏗️ Exit Strategies

1. Builder Hold / Spec Build

  • Nearby homes support $1M+ resale range
  • Opportunity to build custom product in established luxury pocket

2. Land Flip

  • Acquire below competing listings
  • Resell closer to market range

⚠️ Notes

  • Vacant land comps in this immediate subdivision are limited (low turnover area)
  • Pricing supported by active inventory + location + lot size

📩 Contact

Serious buyers only.
DM for:

  • Photos
  • Additional lot details
  • Access / contract info
Offering
Las Vegas, Nevada