4784 Koval Ln Las Vegas, NV 89109
- Commercial real estate
- 1.51 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4784 Koval Ln
- Year built
- 2002
- Lot size
- 1.51 lot acres
- Property type
- Commercial real estate
- APN
- 162-21-801-001
- APU
- 16221801001
Description
This exceptional 1.51-acre commercial land parcel presents a prime development opportunity in Las Vegas' coveted Resort Corridor. Located at 4784 Koval Ln, Las Vegas, NV 89109 (APN 162-21-801-001), this property boasts 545 feet of prime Koval Lane frontage and is ideally situated within walking distance of the Las Vegas Strip, MGM Grand, Top Golf, the Formula One racetrack, and the future Baseball Stadium. The site benefits from a fully fenced and graded lot, enhancing its immediate development potential. Two existing billboards generate monthly revenue, offering an additional income stream. The property's zoning allows for a diverse range of high-impact developments, including H-1 Limited Resort Hotel, C-T Commercial Tourist, and MUD 1 (most intense urban overlay) uses. This versatile zoning makes it suitable for a resort hotel, condominium complex, timeshare, or an entertainment facility incorporating dining and bar options. The property's proximity to McCarran International Airport further enhances its appeal. Offered at $12,000,000, this is a rare chance to acquire a highly desirable and strategically located land parcel in the heart of Las Vegas' entertainment district. The property is available for sale or short-term lease.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.164
- Latitude
- 36.1037
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
