3412 Decatur Blvd Las Vegas, NV 89102-8150
This exceptional 2.38-acre commercial land parcel presents a unique redevelopment opportunity in the heart of Las Vegas' Chinatown. Located at 3412 S Decatur Blvd, this C-2 zoned property boasts excellent visibility and high traffic counts exceeding 93,000 cars per day. Its prime location offers unparalleled access to the vibrant energy of Chinatown, a historically high-barrier-to-entry market, while also being less than 2.5 miles from the Las Vegas Strip, placing it within easy reach of major attractions including the new convention center expansion, The Fashion Show mall, Wynn, Encore, Resorts World, and The Venetian/Palazzo. The site is ideal for freestanding pad development, catering to a diverse range of commercial uses. The surrounding area demonstrates strong economic indicators, with average household incomes exceeding $76,765 within a 3-mile radius. This property is available for sale or ground lease, presenting a compelling investment opportunity for developers seeking a high-impact location in one of Las Vegas' most dynamic and rapidly growing areas. The property's address is 3412 S Decatur Blvd, Las Vegas, NV 89102. The asking price is $5,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.