www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28775681
28775682

1508 Las Vegas Blvd S, Las Vegas, NV 89104

TW
CA 01754440
Centennial Advisers
Centennial Advisers
Listed by Centennial Advisers
$9,000,000
181 days on market
Updated 26 days ago
Opportunity zone

Tod Motor Inn | 5.2 Cap | Redevelopment Corridor

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 12,418
Beds 41
Price per SqFt $725
Year Built 1961
Stories 3
Lot Size (SqFt) 13,504

Hospitality

Marketing description

Centennial Advisers is pleased to present the Tod Motor Inn, a 41-room hotel

opportunity offered at $9,000,000, or an attractive $219,512 per room. This asset is

strategically located on Las Vegas Boulevard, placing it directly in the path of the

Arts District’s rapid cultural and economic transformation, offering investors a prime

position in a dynamic redevelopment corridor.

The property presents signi{cant revenue potential, with pro forma analysis

indicating a potential gross annual income of $854,400 by achieving market rates

of $400 per week. Investors have the flexibility to acquire the property turnkey for

immediate cash |ow or as-is, allowing for a custom value-add repositioning to

capture the area's increasingly upscale demographic.

The investment is underpinned by $150 million in recent public infrastructure

spending, including the $120M Las Vegas Boulevard Improvement Project. This

modernization effort has delivered smart city infrastructure, enhanced pedestrian

access, and beautification, directly supporting long-term asset appreciation and

increased commercial viability for the entire district.

The Tod Motor Inn represents a rare opportunity to acquire a hospitality asset poised

to benefit from an emerging entertainment ecosystem, including new venues like

Atomic Golf. This property offers investors exposure to Las Vegas's most authentic

district with signi{cant upside through renovation and strategic management,

capitalizing on unprecedented local investment.

Listing Contacts

TW
CA 01754440
Centennial Advisers
Centennial Advisers
Listed by Centennial Advisers

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591