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Property profile & analytics
OFF-MARKET
Commercial real estate

218 6Th St Las Vegas, NV 89106

0.41 ac lot
Property ID
US62-0253628
Property summary
AI-generated overview

This exceptional 0.41-acre commercial land parcel, located at 218 & 224 S 6th St in Las Vegas, NV 89106 (APN: 139-34-611-044; 139-34-611-045), presents a unique development opportunity in the heart of Downtown Las Vegas. Previously the site of the Beverly Palms Hotel, this C2 (General Commercial) zoned property is situated within a revitalized area, designated a City Core Development Site. Its prime location offers unparalleled proximity to the vibrant Fremont Street Experience and the bustling Resort and Casino Corridor, benefiting from the area's renowned nightlife, diverse dining, and unique shopping. The property's strategic position, just one block from Las Vegas Boulevard and mid-block between Bridger Avenue and Carson Avenue, ensures high visibility and accessibility. Furthermore, the nearby I-15 Freeway provides convenient access to both the Las Vegas Strip and Harry Reid International Airport. This is a rare chance to acquire a significant land holding in a rapidly developing and highly sought-after location. The asking price for this exceptional property is $1,700,000. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Lot 0.41 ac (17,860 SF)
APN 139-34-611-044; 139-34-611-045
UPID US62-0253628
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
  • Shawn Automotive Co. Auto Parts Store
  • LV Air Duct Cleaning HVAC Service
  • Supreme Spray Foam LV General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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