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400 S Maryland Pky - Downtown Multifamily Development Site 0.55 Acres of Commercial Land in Las Vegas, NV 89101

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Investment Highlights

Located in a Qualified Opportunity Zone per HUD Gov.
One (1) ±2,800 SF office building structure (vacant)
R-4 (Apartment Residence District) and P-R (Professional Office) zoning

Three (3) parcels totaling ±0.55 acres
Ideal for a multi-family development
Located in the downtown submarket

Executive Summary

This ±0.55-acre site offers a prime opportunity for multifamily development in the heart of downtown Las Vegas. Zoned R-4 and P-R, the property supports high-density residential and professional office use. It includes three parcels and a vacant ±2,800 SF office building, making it ideal for redevelopment. Located within a Qualified Opportunity Zone, the site provides potential tax incentives for investors. With strong surrounding rental demand and proximity to major employment, transit, and amenities, this property is well-suited for a new multifamily project.

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Property Facts

Sale Type	Owner User	Proposed Use	Commercial Multifamily Apartment Units Apartment Units - Condo Hold For Development
No. Lots	1	Total Lot Size	0.55 AC
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.
Property Subtype	Commercial
Zoning	R-4, P-R - R-4

Sale Type	Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Apartment Units Apartment Units - Condo Hold For Development
Total Lot Size	0.55 AC
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	R-4, P-R - R-4