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    OFF-MARKET
    Retail properties & Spaces

    11997 Las Vegas Blvd, Las Vegas, NV 89183

    26,500 SF 3.39 ac lot Built 2022
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.39-acre commercial land parcel, located at 11997 S Las Vegas Blvd in Las Vegas, Nevada, presents a unique investment opportunity. The property boasts 26,500 square feet of total building space across two single-story buildings, currently fully vacant, offering significant flexibility for development. With a C-2 General Commercial zoning designation, the site is ideal for a variety of uses, including retail, restaurant, and medical facilities. The property features 114 total parking spaces and is divisible into units ranging from 900 to 17,400 square feet, accommodating multiple tenants. The site enjoys excellent visibility and accessibility, with 337.26 feet of frontage on Las Vegas Boulevard and convenient access to St. Rose Parkway and I-15. The high-traffic location benefits from 10,300 vehicles per day (VPD) on Las Vegas Boulevard and 64,500 VPD on I-15. Furthermore, the property is situated in a rapidly expanding area, with approximately 1,761 homes planned or under construction within a one-mile radius. Proximity to major developments such as the Raiders HQ & Practice Facility, M Resort & Casino, Amazon Distribution, Costco, and Matter Park Henderson, as well as established master-planned communities like Anthem, Inspirada, Seven Hills, and MacDonald Ranch, further enhances its appeal. The property's APN is 191-05-801-012, and it's located in Clark County's Enterprise submarket. This is a prime location for businesses seeking high visibility and access to a growing residential population. The property includes cross-access with the adjacent Blue Hawk Tavern.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2022
    Total area 26,500 SF
    Lot 3.39 ac (147,668 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Blue Hawk Tavern Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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