Active Listing
227 West Saint Louis Avenue
Las Vegas, NV 89102
$985,000
MLS 2779610
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Year Built
The Property
About This Home
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.
Community Intelligence
Las Vegas
Getting Around
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About the Neighborhood
Las Vegas
Las Vegas the city extends well beyond the Strip - the residential valley wraps the resort corridor with neighborhoods that have very little in common with the tourist economy a few miles south. Most homes sit twenty to thirty minutes from the Strip and an entirely different distance, culturally, from it.
Northwest, Southwest, and central submarkets each tell their own story: Summerlin's master-planned grid running west to the Red Rock escarpment, the older central neighborhoods around the historic boulevards, and the newer northwest reaches like Skye Canyon and Centennial Hills pushing toward Mt. Charleston. Pricing, age of inventory, and HOA structure vary widely by zip.
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Location
Las Vegas
227 West Saint Louis Avenue
Las Vegas, NV 89102