Overview

Description

This 10 acre portfolio - is a perfect location for a resort-type development project (two separate parcels) zoned: Limited Resort and Apartment (H-1)). Utilities not directly on the parcels; however, estimated to be within 1,000 feet of the subject property. A "highest & best use study" was professionally performed for this project and suggested a condo project or a hotel. These parcels could be built as high as 15 to 16 stories (approximately 196 Ft tall) without FAA approval, higher with FAA approval.


Two vacant parcels of land, located along Las Vegas Blvd South. directly east of Interstate-15 at the St. Rose Parkway exit. Take the exit and travel east to Las Vegas Blvd South (first traffic light). Travel south on Las Vegas Blvd, less than 1/4 mile and the parcels will be on your right and left (west and east), one parcel block past W Welpman Way..


Zoned = Limited Resort and Apartment (H-1)
2 Parcels = each 5 gross acres, for total 10 acres
2 Billboards on the property - each billboard is generating $600/month, total $1,200/month for a total $14,400/year
Pre-project work completed: Alta survey, record of survey, entitlement drawing package, land environmental test, height survey, marketability study, and more (details available by request)
Owner is in the process of obtaining property entitlements from Clark County to build a hi-rise mixed use development on the western portion of the property
The eastern portion of these parcels, located to the east of the S Las Vegas Blvd highway easement is large enough for an additional development project; a drive-thru restaurant, small strip mall, gas station…many possibilities

Location

Gallery