your vision. elevated · multifamily site with direct access to the las vegas resort corridor –...
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YOUR VISION.ELEVATED.
MULTIFAMILY SITE WITH DIRECT ACCESS TO THE LAS VEGAS RESORT CORRIDOR – ±5.15 ACRES
FOR SALE – ±5.15 ACRES
YOUR VISION.
SOUTHERN NEVADA OPPORTUNITY ZONE CERTIFIED BY THE SECRETARY OF THE U.S. TREASURY
Mike Mixer,Executive Managing Director
+1 702 836 3777
Colliers International Las Vegas3960 Howard Hughes Parkway, Suite 150
Las Vegas, NV 89169
www.colliers.com/las vegas
Paradise Road
Flam
ingo
Roa
d
FLOOD EASEMENT UNDERGROUND
SITE
5.15 ACRESMULTIFAMILY SITE WITH DIRECT ACCESS TO THE LAS VEGAS RESORT CORRIDOR – AVAILABLE NOW
PROPERTY HIGHLIGHTS
• 5.15 Acres
• H-1 Zoning, best zoning in Las Vegas
• Existing county approvals in place for 604 Resort Condos
• Located within the Southern Nevada Opportunity Zone, providing preferential tax treatment to investors and developers who invest and develop within the zones. Certified by the Secretary of the U.S. Treasury
LAS VEGAS MARKET HIGHLIGHTS
• Paradise Road is emerging as the second “Strip” to Las Vegas Boulevard
• Average city wide hotel occupancy is now over 90%
• Convention business is booming: Record convention delegate attendance in 2017 (6.6 million attendees)
• $1.4 billion Las Vegas Convention Center expansion under construction
• Airline passengers to McCarran International Airport hit new passenger record in 2017 – over 48.5 million passengers
• Multi-family vacancy in Southern Nevada is near record lows at 3.4%
GREAT SITE FOR HOTEL, RESIDENTIAL, RETAIL, OFFICE, RESTAURANT, TIMESHARE DEVELOPMENT
±2.37 ACRES
5.15 ACRES ±2.78 ACRES
FLOOD EASEMENT UNDERGROUND
YOUR VISION.5.15 ACRESMULTIFAMILY SITE WITH DIRECT ACCESS TO THE LAS VEGAS RESORT CORRIDOR – AVAILABLE NOW
501 TONY BENNETT WAY :: LAS VEGAS, NV 89119FOR SALE
TO PARADISE ROAD
LARGEST RESORTS IN THE WORLD ARE ON THE STRIP
18 OF THE 30
COL L IER S IN T ER N AT ION A L – 5 .15 A CR E S L A ND – IN V E S T MEN T OF F ER ING
SITE
5.15 ACRESMULTIFAMILY SITE WITH DIRECT ACCESS TO THE LAS VEGAS RESORT CORRIDOR – AVAILABLE NOW
Mike Mixer,Executive Managing Director
+1 702 836 3777
Colliers International Las Vegas3960 Howard Hughes Parkway, Suite 150
Las Vegas, NV 89169
www.colliers.com/las vegas
ELEVATED.YOUR VISION.
LOCATED WITHIN THE
SOUTHERN NEVADA OPPORTUNITY ZONE CERTIFIED BY THE SECRETARY OF THE U.S. TREASURY