Rare opportunity to acquire 0.47 acres of vacant multifamily land in the heart of the redeveloping Gateway District, just steps from The Strat, Sahara Las Vegas, Atomic Golf, & Las Vegas Boulevard. Zoned R-4 High Density Residential by the City of Las Vegas, this site is positioned for a multifamily development capitalizing on one of the most dynamic urban infill corridors in the valley. Located within a designated Opportunity Zone, the property offers significant long-term tax advantages for qualified investors. Surrounded by active renovation and new construction including The Myles & Gemma the Gateway District is following the trajectory of the adjacent Arts District, with development momentum moving south. With strong rent growth, superior occupancy fundamentals, & proximity to roughly one-third of the city's employment base, this is a compelling entry point for builders, developers, & long-term capital. Two parcels offered together (APNs 162-04-710-094 & 095). Owner/Licensee.
| MLS # | 2779610 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 112 |
| Listing Provided By | Coldwell Banker Premier | Brian Krueger |
| Zoning | Commercial |
|---|---|
| Acreage | 0.24 |
| Utilities | Electricity Available |
|---|---|
| Sewer | Public Sewer |
| List Aor | Greater Las Vegas Association Of Realtors Inc |
|---|
| Property | 1679 |
|---|
| State | NV |
|---|---|
| County | Clark |
| City | Las Vegas |
| Zip Code | 89102 |
| Community Name | Meadows Add |
| Listing VS Median (in Meadows Add) | |
Price: $985,000 low | high Med: $850 On site: 112 low | high Med: 234 | |
| State | NV |
|---|---|
| County | Clark |
| City | Las Vegas |
| Zip Code | 89102 |
| Community Name | Meadows Add |
| Listing VS Median (in Meadows Add) | |
Price: $985,000 low | high Med: $850 On site: 112 low | high Med: 234 | |