3 days on RocketTour
#2698022, Ryan Crighton, Listing office: Rothwell Gornt Companies
$1,300,000 List price
5320 Meikle Ln Las Vegas, NV 89156
3,488 sqft
1.0 acres
$373 / sqft
Multi-Family
Property details
About 5320 Meikle Ln
Prime Investment Opportunity – Lake Mead Blvd Frontage Don’t 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.
Highlights
Home typeDuplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size3,488 sqft
Lot size0.99 Acres
Year built1960
ParkingCovered, Paved
MLS #2679635
Virtual tour
Summary
- Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
- Flooring Type: Resilient, Tile
- Interior: Ceiling Fan(s)
- Parking: Covered, Paved
- Exterior: Private Yard
- Architectural Style: Duplex
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $1,300,000
- Price/SqFt: $372
- Annual Tax Amount: $2,458
- Tax Year: 2024
- Directions: From I-15 Exit at East Lake Mead Blvd. Follow East Lake Mead Blvd to Betty Lane, Turn Right. Property Fronts Lake Mead Blvd, Betty Lane and Meikle Lane.
- Year Built: 1960
- Stories: 1
- Living Area: 3,488 SqFt
- Lot Size: 0.99 Acres
- MLS Number: 2679635
- MLS Name: GLVAR
- Office Name: Signature Real Estate Group
- Office Email: ihartfrancine@gmail.com
- Listing Agent: Francine Hart
Disclaimer: 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 MLS deems information reliable but not guaranteed.
Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/6/2025, 6:45:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 04, 2005 | Home Sold | $600,000 |
| Jun 16, 2003 | Home Sold | $425,000 |
| Aug 18, 1994 | Home Sold | $140,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $138,918 | $2,458 |
| 2023 | $131,015 | $2,277 |
| 2022 | $112,726 | $2,108 |
| 2021 | $98,063 | $2,046 |
| 2020 | $96,087 | $2,117 |
| 2019 | $95,082 | $2,019 |
| 2018 | $66,974 | $1,926 |
History based on county public records data.
Nearby schools
3
Mountain View Elementary School
Public District PK-5
0.2 mi
•5436 Kell Ln
3
Martin Luther King, Jr. Elementary School
Public District PK-5
0.4 mi
•2260 Betty Ln
8
Miller Sandy Searles Elementary School
Public Magnet PK-5
0.6 mi
•4851 E Lake Mead Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,328. Typical income of Las Vegas, NV residents is less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
44%
<35k
35%
35k-100k
20%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
29%
Single, No Kids
26%
Single, with Kids
21%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Popeyes
What do the neighbors drive?
Dodge
Kia
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5320 Meikle Ln
The listing price of 5320 Meikle Ln property is $1,300,000.
The property 5320 Meikle Ln is a multi located in Las Vegas, Nevada, 89156.
Active Listing: 5320 Meikle Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5320 Meikle Ln are: Mountain View Elementary School (GreatSchools Rating 3/10), Martin Luther King, Jr. Elementary School (GreatSchools Rating 3/10), Miller Sandy Searles Elementary School (GreatSchools Rating 8/10), Mario C. & Joanne Monaco Middle School (GreatSchools Rating 5/10), Dell H. Robison Middle School (GreatSchools Rating 4/10), Mater Bonanza (GreatSchools Rating 6/10), Eldorado High School (GreatSchools Rating 2/10), Nevada State High School III Sunrise (GreatSchools Rating 10/10), Sunrise Mountain High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $2,458 (source: MLS/based on county public records data).
The last sale was on April 4, 2005 for $600,000 (source: MLS/tax record).
The property 5320 Meikle Ln is 3,488 SqFt (source: MLS/tax record).
The year of construction for 5320 Meikle Ln is 1960.
This home is located at 5320 Meikle Ln in Las Vegas, NV and zip code 89156 in the Sunrise Manor neighborhood. This 3,488 square foot home, which was built in 1960, sits on a 0.99 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $1,300,000.
In June 2025, from all listings sold in Las Vegas, NV there were more than 238 sold above asking price, over 847 sold below and more than 382 were sold right at the asked price. Between May and June 2025, Las Vegas, NV real estate market has seen increase in the number of listings by 10.7%. The median list price of listings available in June 2025 was $442,751, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.