Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3355 Procyon St Las Vegas, NV 89102

    Sponsored
    For Sale
    $16,800,000

    4-Acre Lot, Prime Location, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.07-acre industrial land parcel in Las Vegas, NV (APN 162-17-101-028), presents a compelling redevelopment opportunity. Located just 1.5 miles west of the Las Vegas Strip, this property boasts a prime in-fill location off the major Desert Inn Road arterial, featuring a "fly-over" crossing I-15. The existing 25,000+ square foot, two-story structure features an open atrium design, three full-service bars, a complete kitchen, multiple meeting rooms, change rooms, and a comprehensive security system. The property's M-1 zoning allows for diverse uses, including industrial, but also permits exploration of high-density residential (R-4 or R-5), hotel/casino (H-1), or entertainment mixed-use (EM) projects, aligning with the area's ongoing revitalization and the high-density residential developments to the south and east. The asking price is $16,800,000. This presents a unique chance to capitalize on the area's growth and create a significant return on investment. The property's strategic location and flexible zoning make it ideal for a variety of development scenarios, from high-rise residential to entertainment venues. The existing structure offers immediate potential for adaptive reuse or serves as a valuable asset for future development plans. This is a rare opportunity to acquire a substantial land parcel in a rapidly evolving area of Las Vegas.

    Property Features for 3355 Procyon St

    General Information

    Property type
    Land
    Lot Size
    177,289 SF

    HighLights

    • 1.5 miles west of the Las Vegas Strip.
    • High‑rise condo or apartment development potential.
    • Suitable for hotel/casino development.
    • Planned for entertainment mixed‑use projects.
    • Situated on Desert Inn Road, a major arterial.
    • Existing 25,000+ sq. ft. building.
    Property Profile 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.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1884764
    Latitude
    36.1293516

    Nearby Similar for Sale

    • $4,250,000
      4,820 SF

      Las Vegas Penthouse with Strip Views

      Furnished penthouse with 270-degree views of the Las Vegas Strip.
      4575 Dean Martin Dr, Las Vegas, NV 89103
      View Details
    • $7,250,000
      6,779 SF

      Luxury Penthouse with Panoramic Strip Views

      Exclusive two-story penthouse in Las Vegas' premier high-rise.
      1 Hughes Center Dr, Las Vegas, NV 89169
      View Details
    • $408,000
      1,333 SF

      Las Vegas High-Rise Residence

      Stunning residence with iconic Strip views in Downtown Las Vegas.
      150 Las Vegas Blvd, Las Vegas, NV 89101
      View Details
    • $565,000
      1,405 SF

      Las Vegas High-Rise Condominium Resort

      45-story high-rise condominium resort near the Las Vegas Strip.
      222 Karen Ave, Las Vegas, NV 89109
      View Details
    • $669,000
      2,050 SF

      Turnberry Place Corner Residence

      Spacious Las Vegas residence with mountain, city, and garden views.
      2877 Paradise Rd, Las Vegas, NV 89109
      View Details
    • $549,000
      1,556 SF

      Las Vegas High-Rise Corner Residence

      Charming corner residence with mountain, garden, and Strip views.
      2877 Paradise Rd, Las Vegas, NV 89109
      View Details
    • $408,000
      1,180 SF

      Las Vegas High-Rise Residence

      Stunning residence with Strip views in Downtown Las Vegas.
      150 Las Vegas Blvd, Las Vegas, NV 89101
      View Details
    • $900,000
      Pending

      Las Vegas High-Rise Residence

      Remodeled 2-bedroom high-rise with Strip views and luxury amenities.
      4525 Dean Martin Dr, Las Vegas, NV 89103
      View Details
    • $499,000
      1,296 SF

      Luxury Penthouse with Panoramic Views

      Remodeled penthouse with high-end upgrades and private terrace.
      205 E Harmon Ave, Las Vegas, NV 89169
      View Details
    • $1,999,987
      3,100 SF

      Luxury High-Rise Living in Las Vegas

      Elegant high-rise residence with panoramic views and resort-style amenities.
      9101 Alta Dr, Las Vegas, NV 89145
      View Details
    • $432,500
      1,114 SF

      Downtown Las Vegas High-Rise Residence

      Modern 2-bed, 2-bath condo with Strip views and resort amenities.
      353 E Bonneville Ave, Las Vegas, NV 89101
      View Details
    • $1,200,000
      2,805 SF

      Luxury High-Rise Living in Las Vegas

      Exclusive high-rise with Strip, mountain, and Sphere views.
      2747 Paradise Rd, Las Vegas, NV 89109
      View Details

    FAQs

    What type of property is this?
    Land - 4-Acre Lot, Prime Location, High Potential
    Where is this land located?
    The property is located at 3355 Procyon St Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $16,800,000.
    What are key features of this property?
    This property features: 1.5 miles west of the Las Vegas Strip.; High-rise condo or apartment development potential.; Suitable for hotel/casino development.
    Request Owner's contact information
    3355 Procyon St Las Vegas, NV 89102
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3355 Procyon St
    Las Vegas, NV 89102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.