Property profile

0 Dean Martin Dr Las Vegas, NV 89139

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 2.5 million dollar commercial land opportunity in Las Vegas, Nevada (APN 17717202005) presents a unique investment prospect. Situated on Dean Martin Drive, near the 89139 zip code, this prime vacant land boasts a highly desirable location directly across from the Silverton Hotel and Casino. The property's adjacency to Dean's Place and its proximity to numerous boutique hotels, with many more planned, underscores its significant potential for development. The ongoing expansion plans of the Silverton Hotel and Casino further enhance the property's value and future prospects. Strong comparable sales data supports the asking price, and all offers will be considered. The property's strategic location benefits from Las Vegas's robust tourism industry, attracting over 54 million visitors in 2021, and a growing resident population exceeding 2.9 million. This is a rare chance to acquire a commercial parcel in a rapidly developing area with exceptional growth potential. The property is zoned commercial, providing flexibility for a variety of development options. This is an ideal investment for those seeking exposure to the dynamic Las Vegas market.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Dean Martin Dr Las Vegas, NV 89139
Las Vegas metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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