5.7 acre Las Vegas Blvd Las Vegas, NV 89183
This exceptional 5.72-acre vacant land parcel presents a remarkable investment opportunity on South Las Vegas Boulevard in Las Vegas, Nevada (zip code 89183). The property boasts prime highway frontage and is zoned H-2, allowing for a diverse range of commercial and residential uses. The Commercial Tourist (CT) planned land use designation further enhances its potential, permitting developments such as casinos, resorts, and theme parks. This strategic location offers unparalleled access to key attractions, including the M Resort, Southern Highlands Golf Club, and Henderson Executive Airport. The lot size provides ample space for large-scale development projects. The 2023 property taxes totaled $20,125.18. The APN is 191-04-401-027. This is a rare chance to acquire a significant land holding in a high-growth area of Las Vegas, ideally suited for a variety of hospitality and commercial ventures. The property is categorized as Hospitality Land with a Motel subtype. This presents a unique opportunity for developers seeking to capitalize on the vibrant tourism industry and the area's strategic location. The property's zoning and planned land use provide flexibility for a wide range of development options.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.