Prime 3.23 ± Acre Development Opportunity in Downtown Las Vegas
This exceptional 3.23 ± acre parcel offers a rare and strategic development opportunity in the heart of Downtown Las Vegas. Situated in a rapidly revitalizing urban core, the property boasts a premium location with close proximity to several of the city's most iconic and high-traffic destinations.
Located just steps from Symphony Park, this site benefits from adjacency to a world-class, master-planned development that includes cultural, residential, and commercial components. The acclaimed Smith Center for the Performing Arts, a hub for theater, music, and dance, is within walking distance, enhancing the area's vibrant and artistic atmosphere.
The property is also near the Las Vegas Premium Outlets North, a major retail destination that draws significant daily foot traffic, and the Clark County Government Center, providing convenient access to key municipal services and offices. Additionally, it sits on the edge of the burgeoning Las Vegas Arts District, known for its eclectic mix of galleries, restaurants, and nightlife, making it a cultural and creative magnet.
Significantly, this parcel is located within a federally designated Opportunity Zone, offering substantial tax incentives for developers and investors seeking to capitalize on long-term growth while benefiting from favorable capital gains treatment.
Zoned for urban development, the site is ideally suited for a wide range of potential uses, including mixed-use residential, multifamily housing, commercial, hospitality, or a combination thereof. With Downtown Las Vegas experiencing continued investment and transformation, this property presents an unparalleled opportunity to be part of the city’s dynamic evolution.
Key Highlights:
Size: 3.23 ± acres
Location: Downtown Las Vegas
Nearby Landmarks: Symphony Park, The Smith Center, Premium Outlet Mall, Clark County Government Center, Las Vegas Arts District
Opportunity Zone: Yes
Development Potential: Ideal for mixed-use, residential, commercial, or hospitality
Proximity to Amenities: Walkable to cultural, retail, governmental, and entertainment venues
APN # 139-33-810-007/ 008
3.23 +/- Acres land
Zoned PD-Planned Development near Downtown Las Vegas
City of Las Vegas jurisdiction
Close to Symphony Park, Smith Center, Premium Outlet Mall, Clark County Government Center, Arts District
2024/25 Taxes: $33,464.78 + $90.91
Improved road with lights, sidewalks.