Multifamily Land in Gateway
For Sale
$985,000
227 W Saint Louis Avenue, Las Vegas, NV 89102
Land, Las Vegas, NV
Property SizeContact for details
Lot Size0.24 Acres
Days on Market110
Property Features for 227 W Saint Louis Avenue
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial
Subdivision
Meadows Add
Elementary school
,
Directions
From I-15: Exit Sahara Avenue and head east. Turn left (north) on Las Vegas Blvd, then left (west) on St. Louis Ave. Property is on the south side of W St. Louis Ave between the alley and Fairfield Ave, just west of The Strat.
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 Agency:
Coldwell Banker Premier · Coldwell Banker Real Estate
(702) 871-9500
Listed By:
Brian Krueger · License #BS.0019256
(702) 234-4373
Added: May 8
Changed: Aug 19
Last Checked: Aug 25 at 5:06AM
MLS# 2779610
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
Current Use
Location Intelligence
Trade Area within ½ mile
1,889
Businesses Nearby
Explore this area
Business Placement
Demographics for 89102, NV
36,035
Population
16,964
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
75%
High-School Grad
5.3 sq mi
ZIP Area
6,799
Density / Sq Mi
$48,518
Median Household Income
$30,703
Median Earnings
$1,206
Median Rent
$363,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
