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Multifamily Land in Gateway District

227 W Saint Louis Avenue Las Vegas, NV 89102

Claim this Listing
For Sale
$985,000

LAND - Las Vegas, NV

Lot size:
0.24 Acres
Added:
May 8, 2026
Days on Market:
65
Last Refresh:
Jul 11 at 3:06 am

Property Features for 227 W Saint Louis Avenue

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
162-04-710-094
Lot size
0.24 Acres

Taxes and HOA fees

Tax Annual Amount
1679

Utilities

Utilities
Electricity Available
Sewer type
Public Sewer
Water source
Public

Listing agent Brian Krueger License #BS.0019256

Listing office Coldwell Banker Premier 8290 W Sahara Ave Ste 100, Las Vegas, NV

Listing date May 8, 2026

MLS# 2779610 Listing URL

Copyright © 2026 Las Vegas REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering presents a rare opportunity to acquire 0.47 acres of vacant multifamily land situated in the heart of the redeveloping Gateway District. The location is steps from The Strat, Sahara Las Vegas, Atomic Golf, and Las Vegas Boulevard. Zoned R-4 High Density Residential by the City of Las Vegas, the site is positioned for a multifamily development. The property is located within a designated Opportunity Zone, offering potential long-term tax advantages for qualified investors. The surrounding area features 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, and proximity to roughly one-third of the city's employment base, this is a compelling entry point for builders, developers, and long-term capital. The offering includes two parcels (APNs 162-04-710-094 & 095).

Key Highlights

  • 0.47 acres of vacant multifamily land in the redeveloping Gateway District.
  • Zoned R‑4 High Density Residential, ideal for multifamily development.
  • Located within a designated Opportunity Zone, offering significant long‑term tax advantages.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Tanning Salon Accounting Firm Mobile Phone Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Land - 0.47 acres in Opportunity Zone near Las Vegas Strip.
Where is this land located?
The property is located at 227 W Saint Louis Avenue Las Vegas, NV.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 0.47 acres of vacant multifamily land in the redeveloping Gateway District.; Zoned R‑4 High Density Residential, ideal for multifamily development.; Located within a designated Opportunity Zone, offering significant long‑term tax advantages.
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