215 Philadelphia ave - The Philly at 215 Development Opportunity
0.6 Acres of Residential Land Offered at $1,750,000 in Las Vegas, NV 89102
![215 Philadelphia ave, Las Vegas, NV for sale - Building Photo - Image 1 of 6](https://images1.loopnet.com/i2/Iw7gDmD9hCV4gzp1z9OExyQ_hj7HTn2rprvVROW-6oc/110/215-Philadelphia-ave-Las-Vegas-NV-Building-Photo-1-Large.jpg)
![215 Philadelphia ave, Las Vegas, NV for sale - Aerial - Image 2 of 6](https://images1.loopnet.com/i2/crCXnW-UznJO1M3AVF3Th7mjlhfeCihCUQQTSTw0HRU/110/215-Philadelphia-ave-Las-Vegas-NV-Aerial-2-Large.jpg)
![215 Philadelphia ave, Las Vegas, NV for sale - Aerial - Image 3 of 6](https://images1.loopnet.com/i2/zT8ewcgnjpakVYZu1AwiAAXQuX_TJY4woG5W06acQvg/110/215-Philadelphia-ave-Las-Vegas-NV-Aerial-3-Large.jpg)
INVESTMENT HIGHLIGHTS
- - Located in an Opportunity Zone and Redevelopment Area
- - Fully Entitled for 87 Multifamily Units
- - Walking distance to Las Vegas Blvd and the Arts District
- - 0.60+/- Acres of Land
- - Desirable R-4 Zoning
- - Directly Behind the Strat Hotel and Casino and Atomic Golf
EXECUTIVE SUMMARY
PROPERTY FACTS
Price | $1,750,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 0.60 AC |
Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
Price | $1,750,000 |
Price Per AC | $2,916,666.67 |
Lot Size | 0.60 AC |
DESCRIPTION
Located just off the world-famous Las Vegas Strip and directly behind The STRAT Hotel and Casino and newly built Atomic Golf, The Philly at 215 is surrounded by a vast amount of employment, shopping, hospitality, and entertainment. This location has seen an incredible amount of gentrification and new development in recent years. The nearby Arts District continues to expand and has become a very popular destination for tourists and Las Vegas locals alike.
PROPERTY TAXES
Parcel Number | 162-04-710-150 | Improvements Assessment | $0 |
Land Assessment | $164,468 | Total Assessment | $164,468 |
ZONING
Zoning Code | R4 (multiple-family residential district (high density)) |