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2753 S Highland Dr - Re-Development Land 3.61 Acres of Commercial Land Offered at $11,950,000 in Las Vegas, NV 89109

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INVESTMENT HIGHLIGHTS

Located in the Heart of Las Vegas
EM Mixed Use Plan
Plan includes High Rise, Hotel, Gaming, Retail.

1.5 miles West of the "Las Vegas Strip"
Just off the I-15 and Sahara Ave. freeway exits
Additional Parcel Available

EXECUTIVE SUMMARY

"Mixed Use Development Land" in prime central location. Just 2 blocks from I-15 and Sahara Ave. off ramps and 1 mile West of the world famous “Las Vegas Strip”. 3.61 Acres with office building which must be rehabbed or torn down. Another 1.7 acres can be added to this property which is contiguous for parking. Current zoning plan shows “Entertainment Mixed Use” (EM), which allows Office/Industrial, Retail, High Rise Apartments or Condos, H-1 Hotel. The property has 665’ of frontage on Highland Dr. & 305’ Frontage on Presidio Ave. In-Fill Location with great exposure and easy access I-15! Please feel free to call with any questions or a personal tour of the property for qualified investors or developers.

OM_2753 S Highland Dr

PROPERTY FACTS

Price	$11,950,000	Property Subtype	Commercial
Sale Type	Owner User	Proposed Use	Hospitality Apartment Units Apartment Units - Condo Hotel
Sale Condition	High Vacancy Property	Total Lot Size	3.61 AC
No. Lots	1	No. Stories	2
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M-1 - EM (Entertainment Mixed Use) includes Hotel, Multi-Family, Office and Industrial.

Price	$11,950,000
Sale Type	Owner User
Sale Condition	High Vacancy Property
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Hospitality Apartment Units Apartment Units - Condo Hotel
Total Lot Size	3.61 AC
No. Stories	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M-1 - EM (Entertainment Mixed Use) includes Hotel, Multi-Family, Office and Industrial.

1 LOT AVAILABLE

Lot

Price	$11,950,000	Lot Size	3.61 AC
Price Per AC	$3,310,249.31

Price	$11,950,000
Price Per AC	$3,310,249.31
Lot Size	3.61 AC

Rectangle with 650' of frontage on Highland Drive. 3.61 Acres or 157,251 sq. ft.

DESCRIPTION

"Mixed Use Development Land" in prime central location, existing structure must be scrapped. Just 2 blocks from I-15 and Sahara Ave. off ramps and one mile West of the world famous “Las Vegas Strip”. 3.61 Acres with office building which must be rehabbed or torn down. Another 1.7 acres can be added to this property which is contiguous for parking. Current zoning plan shows “Entertainment Mixed Use” (EM), which allows Office/Industrial, Retail, High Rise Apartments or Condos, H-1 Hotel. The property has 665’ of frontage on Highland Dr. & 305’ Frontage on Presidio Ave. In-Fill Location with great exposure and easy access I-15! Please feel free to call with any questions or a personal tour of the property for qualified investors or developers.

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