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31780399
31780398

5825 Polaris Ave, Las Vegas, NV 89118

MM
NV 21557, NV 0021557
Colliers - Las Vegas, Nevada
Listed by Colliers - Las Vegas, Nevada
$7,000,000
47 days on market
Updated 47 days ago
Opportunity zone

Entitled Hotel Development Site Near Allegiant Stadium

Details
APN 162-32-101-023/024
Property Type Hospitality, Land
Sub Type Commercial, Hotel (+1)
Keys 320
Stories 26
Zoning EM & CR
Investment Type Redevelopment
Sale Condition For sale by owner

Hospitality | 320 Keys

Marketing description

Hotel & Spa Development on a 2.07 Acre Site | 700 Feet from Allegiant Stadium

A rare, institutional-grade opportunity to develop a full-service hotel, spa, and dining destination in one of the most commercially visible and demand-rich locations in Las Vegas. Positioned just 700 feet from Allegiant Stadium and steps from the heart of the South Las Vegas Strip, the site sits at the convergence of professional sports, world-class entertainment, convention traffic, and next to the Airport.

The Development

320 keys, a 26-story, 290-foot tower rising over a five-level podium parking structure. The program includes:

  • Elevated pool and sun deck at the 70-foot elevation
  • Full European spa
  • Professional-grade fitness facility
  • Five food and beverage venues, anchored by a retractable glass-enclosed rooftop speakeasy and club

Unmatched Location & Visibility

  • 700 feet from Allegiant Stadium, home of the Las Vegas Raiders and host to more than 2 million visitors annually
  • Immediate access to Harry Reid International Airport (LAS), Interstate 15, T-Mobile Arena, and every major South Strip venue
  • Captures in excess of 200,000 vehicles per day in drive-by visibility
  • Highly visible from the airport, South Strip resort towers, and thousands of business travelers at the surrounding corporate hotel corridor

Investment highlights

The Investment

Few sites in Las Vegas offer this combination of demand generators: Raiders home games, stadium concerts and marquee events, T-Mobile Arena programming, Strip tourism, airport-adjacent convenience, and convention overflow — all within walking distance. The elevated amenity deck and rooftop venue are purpose-designed to capture dramatic sightlines of both the Strip skyline and Allegiant Stadium, creating defensible differentiation in the Las Vegas luxury hospitality market.

Listing Contacts

MM
NV 21557, NV 0021557
Colliers - Las Vegas, Nevada
Listed by Colliers - Las Vegas, Nevada

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Additional Information

Name
Amel Benha
License
S.1099935
Brokerage
Colliers
Brokerage Phone
725-577-5888
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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