Property profile

215 Beltway Paradise, NV 89119

OFF-MARKET
Land
10.07 ac lot
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Property summary

AI-generated overview

This exceptional 10.07-acre commercial land parcel boasts unparalleled Las Vegas Boulevard frontage at the intersection of the 215 Beltway, offering immediate access to Interstate 15. Its prime location places it between the future Brightline Train Station and the renowned Las Vegas Strip and Resort Corridor, ensuring high visibility and traffic counts. The property is zoned EM (Entertainment Mixed Use), featuring a Commercial Resort Master Plan, Gaming Overlay, and Qualified Opportunity Zone (QOZ) designation, unlocking significant development potential and tax benefits. Proximity to Allegiant Stadium, Town Square, the Las Vegas Car Rental Facility, and McCarran International Airport further enhances its desirability. Less than one mile from the proposed Brightline High-Speed Train Station, this site is poised to become a premier development location. While the listed acreage is gross and subject to potential reductions for county-required dedications, this opportunity presents a rare chance to acquire a highly sought-after location on one of the world's most recognizable boulevards. Prospective buyers are advised to conduct thorough due diligence with Clark County, the FAA, and utility providers before submitting proposals. APN: 177-05-701-019, 177-05-701-025 & 177-05-701-026. Asking price: $40,000,000.

Property profile

Verified
Property type Land
Lot 10.07 ac (438,649 SF)

Cap rate & NOI

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

Location

215 Beltway Paradise, NV 89119
Paradise metro
Google Maps

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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