Technical
Financial
Distress signals
Property profile

2124 Paradise Rd Las Vegas, NV 89104

OFF-MARKET
Land
0.55 ac lot
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Property summary

AI-generated overview

This exceptional 0.55-acre commercial land parcel, identified by APN 162-03-411-007 & 008, is strategically located at 2124 Paradise Road in Las Vegas, Nevada, zip code 89104. The property is zoned C-1, allowing for a variety of commercial uses. Its prime location directly across from the iconic Stratosphere Hotel and Casino places it within the vibrant Gaming Enterprise District, offering unparalleled visibility and accessibility. This presents a unique investment opportunity for developers and businesses seeking a high-traffic location in a well-established area. The asking price for this exceptional property is $3,000,000. The land is contiguous with the adjacent parcel at 2128 Paradise Road, offering the potential for combined development. This location boasts excellent proximity to major transportation arteries, ensuring convenient access for both employees and customers. The property's size and zoning make it suitable for a wide range of commercial ventures, from retail establishments to hospitality businesses. Given its location and zoning, this land parcel represents a significant opportunity for substantial return on investment. Serious inquiries are encouraged to explore the potential of this remarkable property.

Property profile

Verified
Property type Land
Lot 0.55 ac (23,958 SF)

Cap rate & NOI

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

Location

2124 Paradise Rd Las Vegas, NV 89104
Las Vegas 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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