Log In/Sign Up
Your email has been sent.
Mixed Use Land & Structure 3355 Procyon St 25,460 SF Retail Building Las Vegas, NV 89102 $18,994,499 CAD ($746.05 CAD/SF)
Investment Highlights
- Situated just 1.2 miles West of the world-famous "Las Vegas Strip"
- Located on a “Super Arterial” route of Desert Inn Road with over 318 Feet of Frontage
- The property is equipped with both interior and exterior cameras, as well as iron fencing, ensuring maximum security and peace of mind.
- Price Below Replacement Cost!
- Traffic Counts at 53,000 per day on Desert Inn Rd.
- Positioned within an Opportunity Zone, this property offers potential tax incentives, making it an ideal investment for developers and business owners
Executive Summary
Major price reduction for this property located at the SWC of Desert Inn Road and Procyon Street with traffic counts of 53,000/day. Just 1.2 miles west of the Fashion Show Mall, Treasure Island Hotel, Wynn Hotel and Palazzo Hotel. With recent sales comps of land within a 1/2 mile radius at $2,900,000/ac. Prime "In-Fill" parcel master planned (EM Entertainment Mixed Use) which includes Retail, high density Apartments, Hotel or a combination. The subject property is strategically located between "Area 15" with the "Universal Studios Experiences" project and 1 block South of "China Town" on Spring Mountain Rd. It sits on a 4.07 acre lot with 318 feet of frontage on Desert Inn Road and 505 feet of frontage on Procyon Street. The property is also part of the "Opportunity Zone", offering potential tax benefits and liberal zoning uses. Possible owner financing for qualified developers or investors.
Data Room Click Here to Access
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$55,883
|
$2.19
|
| Operating Expenses |
$49,076
|
$1.93
|
| Total Expenses |
$104,959
|
$4.12
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $55,883 |
| Annual Per SF | $2.19 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $49,076 |
| Annual Per SF | $1.93 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $104,959 |
| Annual Per SF | $4.12 |
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
25,460 SF
Building Class
B
Year Built/Renovated
2002/2010
Price
$18,994,499 CAD
Price Per SF
$746.05 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
4.07 AC
Opportunity Zone
Yes
Zoning
EM Entertainment Mixed Us - (EM) Entertainment Mixed Use which includes industrial, retail, office and high rise residential.
Parking
289 Spaces (11.35 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Atrium
- Corner Lot
- Fenced Lot
- Security System
- Signage
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 162-17-101-028 | Total Assessment | $3,945,016 CAD (2026) |
| Land Assessment | $1,167,410 CAD (2026) | Annual Taxes | $55,883 CAD ($2.19 CAD/SF) |
| Improvements Assessment | $2,777,605 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
162-17-101-028
Land Assessment
$1,167,410 CAD (2026)
Improvements Assessment
$2,777,605 CAD (2026)
Total Assessment
$3,945,016 CAD (2026)
Annual Taxes
$55,883 CAD ($2.19 CAD/SF)
Tax Year
2025
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Mixed Use Land & Structure | 3355 Procyon St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.