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- LoopNet Team
3755 Las Vegas Blvd S
Las Vegas, NV 89109
The Heart of the Strip · Land For Sale · 7.50 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 7.50 AC |
| Property Subtype | Commercial |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 7.50 AC |
Description
At 7.5-acres the Property is a blank canvas that can accommodate many potential uses including, but not limited to, a full-scale resort casino, retail, time-share, multifamily residential, residential condominiums and hotel condominiums. The two parcels just north of the property, 2.35 & 6.24 acres are also available. The entire site (16.09 acres) currently has approximately $11 million of NOI allowing a developer to offset carrying costs while planning a redevelopment concept for the site. There are no F.A.R. or density restrictions on the Strip allowing the development of an extremely dense mixed-use project on the site to take advantage of the 42.2 million visitors that Las Vegas welcomed in 2017
PROPERTY TAXES
| Parcel Number | 162-21-301-017 | Improvements Assessment | $833,044 |
| Land Assessment | $1,608,934 | Total Assessment | $2,441,978 |
PROPERTY TAXES
zoning
| Zoning Code | H-1 |
| H-1 |
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