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4000 Paradise Rd - Multifamily / Hospitality Development Site 5.41 Acres of Commercial Land in Las Vegas, NV 89169

Commercial Land Parcels Nevada Las Vegas 4000 Paradise Rd, Las Vegas, NV 89169

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INVESTMENT HIGHLIGHTS

  • Located on Paradise Road, just one mile from the Strip and Convention Center, with exceptional visibility and nonstop exposure to visitor traffic.
  • Entitled for 339 multifamily units, the property is positioned for streamlined development, minimizing entitlement risk and accelerating timelines.
  • Zoned Commercial Resort, the site allows for hotel, condo, retail, timeshare, and residential development—offering unmatched flexibility for builders.
  • Situated in a federally designated Opportunity Zone, the site qualifies for significant tax benefits, including capital gains deferral and exclusion.

EXECUTIVE SUMMARY

4000 Paradise Road presents a rare opportunity to acquire 5.41 acres of CR-zoned land in the Las Vegas Resort Corridor, entitled for 339 multifamily units. Positioned in a federally designated Opportunity Zone, this site allows for hotel, residential, retail, and mixed-use development. Its unparalleled location places investors steps from world-renowned demand drivers and major infrastructure.

DATA ROOM Click Here to Access

  • Offering Memorandum

PROPERTY FACTS

Sale Type Investment Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Senior
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hotel
  • Medical
  • Neighborhood Center
  • Religious Facility
  • Restaurant
  • Self Storage
  • Strip Center
No. Lots 1 Total Lot Size 5.41 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 CR - Zoned (CR) Commercial Resort Uses allowed include: Hotel, Multifamily, Timeshare, Retail, Residential, Condominiums.
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Senior
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hotel
  • Medical
  • Neighborhood Center
  • Religious Facility
  • Restaurant
  • Self Storage
  • Strip Center
Total Lot Size 5.41 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 CR - Zoned (CR) Commercial Resort Uses allowed include: Hotel, Multifamily, Timeshare, Retail, Residential, Condominiums.

1 LOT AVAILABLE

Lot

Lot Size 5.41 AC
Lot Size 5.41 AC

Spanning approximately 5.41 acres across three contiguous parcels, this development-ready site offers expansive frontage along Paradise Road in the heart of Las Vegas.

DESCRIPTION

This 5.41-acre infill development site sits along Paradise Road between Harry Reid International Airport and the Las Vegas Convention Center. Zoned Commercial Resort, the property offers flexible development potential with uses including hospitality, retail, and residential. Adjacent to the Hughes Center and within one mile of UNLV and the Las Vegas Strip, the site benefits from exceptional connectivity and visibility in one of the most high-demand corridors in the city.

LINKS

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4000 Paradise Rd, Las Vegas, NV - AERIAL map view - Image1
4000 Paradise Rd, Las Vegas, NV - AERIAL map view - Image2
4000 Paradise Rd, Las Vegas, NV - AERIAL map view - Image3
4000 Paradise Rd, Las Vegas, NV - AERIAL map view - Image4
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 162-15-416-002
  • 162-15-416-001
 Improvements Assessment $0
Land Assessment $1,706,775 Total Assessment $1,706,775

PROPERTY TAXES

Parcel Numbers
Multiple
  • 162-15-416-002
  • 162-15-416-001
Land Assessment
$1,706,775
Improvements Assessment
$0
Total Assessment
$1,706,775
(702) 805-5590

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 36287995

  • Date on Market: 6/17/2025

  • Last Updated:

  • Address: 4000 Paradise Rd, Las Vegas, NV 89169

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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
4000 Paradise Rd, Las Vegas, NV for sale Building Photo- Image 1 of 7
4000 Paradise Rd
4000 Paradise Rd, Las Vegas, NV for sale Building Photo- Image 2 of 7
View from Paradise Rd with Strip skyline and High Roller visible in the background.
4000 Paradise Rd, Las Vegas, NV for sale Aerial- Image 3 of 7
Aerial looking northwest shows full 5.41-acre site with clear frontage on Paradise Rd.
4000 Paradise Rd, Las Vegas, NV for sale Aerial- Image 4 of 7
Overhead view highlights infill location surrounded by dense urban development.
4000 Paradise Rd, Las Vegas, NV for sale Aerial- Image 5 of 7
North-facing aerial toward Convention Center and Strip, just one mile from site.
4000 Paradise Rd, Las Vegas, NV for sale Aerial- Image 6 of 7
Southeast view showing proximity to UNLV and Harry Reid International Airport.
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4000 Paradise Rd - Multifamily / Hospitality Development Site
(702) 805-5590 x

4000 Paradise Rd - Multifamily / Hospitality Development Site

Michael Parks
(702) 805-5590

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