4000 Paradise Rd Multifamily / Hospitality Development Site
Land | 5.41 acres
Marketing description
4000 Paradise Road presents a rare opportunity to acquire 5.41 acres of CR-zoned land in the Las Vegas Resort Corridor, entitled for 339 multifamily units. Positioned in a federally designated Opportunity Zone, this site allows for hotel, residential, retail, and mixed-use development. Its unparalleled location places investors steps from world-renowned demand drivers and major infrastructure.
This 5.41-acre infill development site sits along Paradise Road between Harry Reid International Airport and the Las Vegas Convention Center. Zoned Commercial Resort, the property offers flexible development potential with uses including hospitality, retail, and residential.
Adjacent to the Hughes Center and within one mile of UNLV and the Las Vegas Strip, the site benefits from exceptional connectivity and visibility in one of the most high-demand corridors in the city.
Investment highlights
Located on Paradise Road, just one mile from the Strip and Convention Center, with exceptional visibility and nonstop exposure to visitor traffic.
Entitled for 339 multifamily units, the property is positioned for streamlined development, minimizing entitlement risk and accelerating timelines.
Zoned Commercial Resort, the site allows for hotel, condo, retail, timeshare, and residential development—offering unmatched flexibility for builders.
Situated in a federally designated Opportunity Zone, the site qualifies for significant tax benefits, including capital gains deferral and exclusion.
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