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609 8th
Las Vegas, NV 89101
609 S. 8th St. · Land For Sale · 0.48 AC
Investment Highlights
- Rare half-acre vacant lot in Downtown Las Vegas
- Property is zoned R-4 (Multi-Family Residential District) and is in an "Opportunity Zone"
- Excellent property for residential development or tax-deferred land speculation hold for an incoming investor
- Located within the highly desirable "Lawyer's Row" and in close proximity to the Fremont Experience and Downtown Container Park
- Improved sidewalk in place with offsite improvements completed
Executive Summary
PROPERTY FACTS In Escrow
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.48 AC |
| Property Type | Land | Cross Streets | E. Bonneville Ave. |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.48 AC |
| Cross Streets | E. Bonneville Ave. |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,350,000 | Lot Size | 0.48 AC |
| Price Per AC | $2,812,500 |
| Price | $1,350,000 |
| Price Per AC | $2,812,500 |
| Lot Size | 0.48 AC |
Located on the SEC of S. 8th St. and E. Bonneville Ave. in Downtown Las Vegas. The property is zoned R-4 multi-family residential district and has an improved sidewalk in place with offsite improvements completed.
Description
LOGIC Commercial Real Estate is pleased to present the opportunity to list a rare half acre +/- .48 AC of land at the southeast corner of the intersection of S. 8th St. & E. Bonneville Ave. in downtown Las Vegas. The property is zoned R-4 multi-family residential district and has an improved sidewalk with access to electricity, water, and sewer. The property is located two blocks north of E. Charleston Blvd. and just a few blocks east of Las Vegas Blvd. in an “Opportunity Zone”. The property is 4 blocks south of Fremont St. in a prime redevelopment area. This property could make an excellent residential development or tax deferred land speculation hold for an incoming investor.
PROPERTY TAXES
| Parcel Number | 139-34-801-016 | Improvements Assessment | $0 |
| Land Assessment | $270,772 | Total Assessment | $270,772 |
PROPERTY TAXES
zoning
| Zoning Code | R-4 |
| R-4 |
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