At 9 AM PST on Monday, July 18, Clark County Aviation will auction +/-165 acres divided into 20 sale units of either single parcels or multiple parcels. The parcels are all located in Southwest Las Vegas where demand for residential development land is the highest. Click here to download a map of the auction property.
Over the past few years, Clark County Aviation Land Auctions have been well attended. Given the current market conditions, there may be a limited number of bidders at the upcoming auction. If this occurs, then it will be another indication of the short-term direction of the market. As property owners and real estate investors, data points like this help shape our expectations and our near-term investment strategy.