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400 S Maryland Pky - Downtown Multifamily Development Site 0.55 Acres of Commercial Land in Las Vegas, NV 89101
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.
Property Facts
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.55 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| 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 | |
| Total Lot Size | 0.55 AC |
| Opportunity Zone |
Yes |
| Zoning | R-4, P-R - R-4 |
1 Lot Available
Lot
| Lot Size | 0.55 AC |
| Lot Size | 0.55 AC |
Three (3) parcels totaling ±0.55 acres
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $35,474 (2026) | |
| Land Assessment | $113,198 (2026) | Total Assessment | $148,672 (2026) |
Property Taxes
Parcel Numbers
Land Assessment
$113,198 (2026)
Improvements Assessment
$35,474 (2026)
Total Assessment
$148,672 (2026)
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400 S Maryland Pky - Downtown Multifamily Development Site
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