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Opportunity Zone
12 Acres on the Las Vegas Strip
Land
Listing Contacts
License: NV NV-S.0053994
License: NV S.0184840.llc
Active
Asking Price:Unpriced
Deal terms are not currently defined. Request your own specific terms when submitting a non-binding offer.
Address
3941 S Las Vegas Blvd, Las Vegas, NV 89119
Show on MapDate Added
Mar 8, 2023
Days on Market
834 days
Time Since Last Update
78 days
Details
Marketing Description
CBRE is pleased to present the opportunity to purchase approximatelt 12-acres of land on S.Las Vegas Boulevard. The Property is located at the southen bookend of th Strip directly across the street from the Mandalay Bay Resort Casino. The world-famus "Welcome to Fabulous Las Vegas" sign is situated just south of the property and Allegiant Stadium is a short walk away, directly west of the site.
This is a rare opportunity for a developer to acquire one of the last remaining development sites on the Strip. The Property is located within an Opportunity Zone, giving a developer substantial tax advantages on a future development.
Investment Highlights
- Walking distance to the 2nd, 5th, 6th and 7th largest hotels in the country on a per room basis.
- ½ Mile To Allegiant Stadium
- ¾ Mile To T-Mobile Arena
- ½ Mile To Airport Terminals
- ½ Mile To The Intersection Of Tropicana Ave & Las Vegas Blvd.
Valuation Calculator
Valuation Calculator
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ROI
Property History
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Due Diligence
Listing Contacts
- License: NV NV-S.0053994
- License: NV S.0184840.llc
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Additional Information
Additional Information
Broker Name
Michael Parks
Broker License
NV NV-S.0053994
Brokerage Name
CBRE
Broker Title
Executive Vice President
Brokerage Address
8548 Rozita Lee Avenue, Las Vegas, United States 89113
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