227 W Saint Louis Avenue, Las Vegas, NV 89102
- $985,000
- List Price
- $985,000
- Status
- ACTIVE
- MLS#
- 2779610
- Lot Size
- 10,454
Property Description
Rare opportunity to acquire 0.47 acres of vacant multifamily land in the heart of the redeveloping Gateway District, just steps from The Strat, Sahara Las Vegas, Atomic Golf, & Las Vegas Boulevard. Zoned R-4 High Density Residential by the City of Las Vegas, this site is positioned for a multifamily development capitalizing on one of the most dynamic urban infill corridors in the valley. Located within a designated Opportunity Zone, the property offers significant long-term tax advantages for qualified investors. Surrounded by active renovation and new construction — including The Myles & Gemma — the Gateway District is following the trajectory of the adjacent Arts District, with development momentum moving south. With strong rent growth, superior occupancy fundamentals, & proximity to roughly one-third of the city's employment base, this is a compelling entry point for builders, developers, & long-term capital. Two parcels offered together (APNs 162-04-710-094 & 095). Owner/Licensee.
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Additional Information
- Subdivision
- Meadows Add
- Zip
- 89102
- Elementary School 3-5
- Lot Size
- 10,454
- Acres
- 0.24
- Utilities
- Electricity Available
- Sewer
- Public Sewer
- Annual Taxes
- $1,679
Mortgage Calculator
Courtesy of Brian Krueger with Coldwell Banker Premier.
LVR MLS deems information reliable but not guaranteed.
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