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3355 Procyon St - Mixed Use In-Fill Land 4.07 Acres of Commercial Land Offered at $15,495,000 in Las Vegas, NV 89102
INVESTMENT HIGHLIGHTS
- Strategically positioned between Area 15 and Chinatown
- Direct Access to Las Vegas Convention Center
- High Traffic Counts
- Major Arterial
- In-Fill Parcel
- Excellent Exposure
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot 1
| Price | $15,495,000 | Lot Size | 4.07 AC |
| Price Per AC | $3,807,125.31 |
| Price | $15,495,000 |
| Price Per AC | $3,807,125.31 |
| Lot Size | 4.07 AC |
Rectangular 4.06 acre in-fill parcel. 318' of frontage on Desert Inn Rd. Considered the SWC of Desert Inn Rd. and Procyon.
DESCRIPTION
Located at the SWC of Desert Inn Road and Procyon Street with traffic counts of 53,000/day and just 1.2 miles west of the Fashion Show Mall, Treasure Island Hotel, Wynn Hotel and Palazzo Hotel. Priced below replacement cost!! With recent sales comps of the land in the immediate area at $2,900,000/ac. Prime "In-Fill" parcel master planned (EM Entertainment Mixed Use) which includes retail, high rise residential or hotel/casino. The subject property is strategically located between "Area 15" with the "Universal Studios Experiences" project and 1 block to the South is "China Town" on Spring Mountain Rd. It sits on a 4.07 acre lot with 289 parking spaces and 318 feet of frontage on Desert Inn Road and 505 feet of frontage on Procyon Street. The property has iron fencing on the exterior property lines. The property is also part of the "Opportunity Zone", offering potential tax benefits and liberal zoning uses.
PROPERTY TAXES
| Parcel Number | 162-17-101-028 | Improvements Assessment | $2,000,812 |
| Land Assessment | $744,614 | Total Assessment | $2,745,426 |
PROPERTY TAXES
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3355 Procyon St - Mixed Use In-Fill Land
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