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    3355 Procyon St Las Vegas, NV 89102

    For Sale
    $15,500,000

    Prime location near Las Vegas Strip with existing licenses.

    Property size:
    25,000 SF

    Property Features for 3355 Procyon St

    General Information

    Size
    25,000 SF

    Building Details

    Year built
    2001

    Source: Al Barbagallo Agent Al Barbagallo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Entertainment Mixed-Use Opportunity Zone Property

    This property is located at the southwest corner of Desert Inn Road and Procyon Street, approximately 1.5 miles west of the Las Vegas Strip. Situated on a 4.07-acre lot, the site features 318 feet of frontage on Desert Inn Road and 505 feet of frontage on Procyon Street, with traffic counts of 53,000 vehicles per day. The property includes 289 parking spaces. The existing building spans approximately 25,460 square feet, with an additional 4,000 square feet of storage including an electrical generation system. The property is equipped with interior and exterior cameras and iron fencing along the exterior property lines. Inside, there are separate rooms and a full kitchen. Previously operated as a night club, the property has existing liquor and entertainment use licenses. Zoned EM (Entertainment Mixed Use) and located within an Opportunity Zone, the property offers potential tax benefits and flexible zoning uses. It is strategically positioned between Area 15 and China Town on Spring Mountain Road. The property is suitable for entertainment, retail, high-rise residential, or hotel/casino development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Masque Nightclub Night Club Antro Bar Rick's Cabaret Las ... Night Club

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    Starbucks, Fat Tuesday Forum 1, Vista Cocktail Lounge at Caesars Palace, Vanderpump Cocktail Garden, Stadia Bar at Caesars Palace Las Vegas

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.18847
    Latitude
    36.127844

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    FAQs

    What type of property is this?
    Night club - Prime location near Las Vegas Strip with existing licenses.
    Where is this night club located?
    The property is located at 3355 Procyon St Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $15,500,000.
    What are key features of this property?
    This property features: - Prime "In-Fill" property located 1.5 miles west of the Las Vegas Strip with high traffic counts.; - Priced below replacement cost at $156/SF.; - Zoned EM (Entertainment Mixed Use) and located in an "Opportunity Zone", offering potential tax benefits and liberal zoning uses.
    (702) 502-1592
    Request Owner's contact information
    3355 Procyon St Las Vegas, NV 89102
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    Las Vegas, NV 89102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3355 Procyon St Las Vegas, NV 89102
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