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1700 S Las Vegas Blvd - (1.48 Acre Development Site)
1.48 Acres of Commercial Land Offered at $10,315,000 in Las Vegas, NV 89104
Investment Highlights
- Opportunity Zone
- 230' Las Vegas Boulevard frontage
- Includes two high-visibility hard corners
- Fully signalized intersection on Las Vegas Boulevard with double hard corners
- 200' Main Street frontage
- On Boring Company's Loop alignment with suitability for subway stop
Executive Summary
Sale includes, if desired, a fully designed (near permit-ready) plan set (architectural, structural, civil, mechanical, electrical) for a 45,000+SF adaptive re-use project at the site. These plans are suitable for event/entertainment venue (including programmable outdoor space), F&B and retail uses. Buyer's proof of funds required prior to seller acceptance
Property Facts
| Price | $10,315,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.48 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $10,315,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.48 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $10,315,000 | Lot Size | 1.48 AC |
| Price Per AC | $6,969,595 |
| Price | $10,315,000 |
| Price Per AC | $6,969,595 |
| Lot Size | 1.48 AC |
Double-corner, fully-signalized @ Las Vegas Blvd. This prominent site straddles Las Vegas Blvd to Main @ the gateway to Arts District, capturing all traffic flowing to/from the Strip and Downtown. No better visibility/accessibility exists.
Description
At the southern tip of the Las Vegas Arts District neighborhood, 1700 S Las Vegas bookends Las Vegas’s fastest-redeveloping submarket. No other submarket in the city enjoys greater demand from chef-driven food and beverage concepts, bars, entertainment venues, and curated retail. This is truly Las Vegas’s most sought-after real estate submarket off The Strip, with significant pent-up demand for multi-family and tenant-ready commercial space. The Arts District is the singular Las Vegas neighborhood that genuinely fosters diversity and welcomes people from all walks of life. As the neighborhood transitions from a predominantly locals-focused community to a Strip-adjacent amenity offering tourists and conventioneers a richer, more authentic experience, it will enjoy accelerating tenant demand for deliverable space. This site is within the city’s redevelopment area and a Federal Opportunity Zone, allowing city incentives and tremendous long-term tax benefits from a build-and-hold strategy.
PROPERTY TAXES
| Parcel Number | 162-03-302-009 | Improvements Assessment | $340,139 |
| Land Assessment | $1,365,131 | Total Assessment | $1,705,271 |
PROPERTY TAXES
zoning
| Zoning Code | C-2 (C-2 allows development of mid-/high-rise hotel, mixed-use residential, F&B, event & entertainment venue) |
| C-2 (C-2 allows development of mid-/high-rise hotel, mixed-use residential, F&B, event & entertainment venue) |
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1700 S Las Vegas Blvd - (1.48 Acre Development Site)
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