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Investment Highlights

  • R-4 zoning (multifamily)
  • Active district
  • Opportunity Zone

Executive Summary

0.47 acres
R-4 zoning
Opportunity Zone

Property Facts

Price $985,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.47 AC
Opportunity Zone Yes
Zoning R-4 - The R-4 District is intended to allow for the development of high density multi-family units within the downtown urban core.

1 Lot Available

Lot

Price $985,000
Price Per AC $2,095,744.68
Lot Size 0.47 AC

The offering is located within the redeveloping area of the Gateway District in the City of Las Vegas, near the Las Vegas Strip and is .47 acres zoned R-4.

Description

The offering is located within the redeveloping area of the Gateway District in the City of Las Vegas, near the Las Vegas Strip. Shadowed by The Strat, the famous hotel and casino with an observation tower, this location is minutes from major employers. The district is experiencing both renovation activity and new development. Much of the renovation activity is occurring within multifamily buildings, and activity between the Gateway District and the Arts District is merging, with development moving south through the Arts District toward the Gateway District.

Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 162-04-710-094
  • 162-04-710-095
Land Assessment
$136,139
Improvements Assessment
$0
Total Assessment
$136,139
  • Listing ID: 40323169

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: 227 W Saint Louis Ave, Las Vegas, NV 89102

Contact the Sale Advisor

227 W Saint Louis Ave - Multifamily Land - 0.47 acres

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