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    3941 Las Vegas Blvd Las Vegas, NV 89119

    For Sale
    Contact for pricing

    Prime Strip location, development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional offering presents a rare chance to acquire approximately 12 acres of commercially zoned land situated on the famed Las Vegas Strip. The property, located at 3941 S Las Vegas Blvd, Las Vegas, NV 89119, boasts a highly desirable location directly across from the Mandalay Bay Resort Casino. Its strategic position places it within walking distance of several major hotels, including some of the largest in the country based on room count. Furthermore, its proximity to key attractions like Allegiant Stadium and the T-Mobile Arena, along with its half-mile radius to airport terminals and the intersection of Tropicana Avenue and Las Vegas Boulevard, ensures unparalleled visibility and accessibility. The property's zoning is designated as H-I, and the parcel includes multiple APNs: 162-28-301-001

    Property Features for 3941 Las Vegas Blvd

    General Information

    Property type
    Land
    Lot Size
    10,019 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SkyVue Tourist Attraction

    Suggested Use

    Realty agency Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Restaurant Daycare Center Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1716277
    Latitude
    36.0926955

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    FAQs

    What type of property is this?
    Land - Prime Strip location, development opportunity.
    Where is this land located?
    The property is located at 3941 Las Vegas Blvd Las Vegas, NV.
    (702) 369-4852
    Request Owner's contact information
    3941 Las Vegas Blvd Las Vegas, NV 89119
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    Las Vegas, NV 89119
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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
    3941 Las Vegas Blvd Las Vegas, NV 89119
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