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5201 Polaris Ave
Las Vegas, NV 89118
1.96 Acres(within 400ft) to Allegiant Stadium · Land For Sale
·
1.96 AC
INVESTMENT HIGHLIGHTS
- Property is located in Opportunity Zone
- Relatively square parcel
- Withing walking distance of the Stadium, Luxor, Mandalay Bay and Las Vegas Strip
- Great hotel or multi family site
EXECUTIVE SUMMARY
1.96 acres ideally located on the southwest corner of Polaris and Ali Baba only 400 feet from Allegiant Stadium which is home of the Las Vegas Raiders, The PAC 12 Championship, UNLV Football, Las Vegas Bowl and countless concerts and events. In addition, the property is walking distance to the “Las Vegas Strip” and within one-mile of more than 30,000 hotel rooms.
The subject property is located at 5201 Polaris Ave, APN# 162-29-204-010 and 162-29-204-011, is a ready to develop parcel of fully improved land. This property is fully paved with fencing and walls surrounding the entire property. It is currently leased and being used as a parking lot. A perfect opportunity for an owner/user, developer, or an investor seeking cash flow.
The subject property is located at 5201 Polaris Ave, APN# 162-29-204-010 and 162-29-204-011, is a ready to develop parcel of fully improved land. This property is fully paved with fencing and walls surrounding the entire property. It is currently leased and being used as a parking lot. A perfect opportunity for an owner/user, developer, or an investor seeking cash flow.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.96 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | EM | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.96 AC |
| Opportunity Zone |
Yes |
| Zoning | EM |
1 LOT AVAILABLE
Lot
| Price | $7,500,000 | Lot Size | 1.96 AC |
| Price Per AC | $3,826,530.61 |
| Price | $7,500,000 |
| Price Per AC | $3,826,530.61 |
| Lot Size | 1.96 AC |
1.96 acres ideally located on the southwest corner of Polaris and Ali Baba only 400 feet from Allegiant Stadium. This property is fully paved with fencing and walls surrounding the entire property and ready to develop parcel of fully improved land.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,431 | |
| Land Assessment | $425,822 | Total Assessment | $432,253 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$425,822
Improvements Assessment
$6,431
Total Assessment
$432,253
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