Property Description

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.

Property Features

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