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3355 Procyon St - Mixed Use In-Fill Land 4.07 Acres of Residential Land Offered at $18,994,499 CAD in Las Vegas, NV 89102
Investment Highlights
- Strategically positioned between Area 15 and Chinatown
- Direct Access to Las Vegas Convention Center
- High Traffic Counts
- Mixed Use Parcel for Hotel, Retail, Apartments & Condos
- In-Fill Parcel
- Excellent Exposure
Executive Summary
Property Facts
1 Lot Available
Lot 1
| Price | $18,994,499 CAD | Lot Size | 4.07 AC |
| Price Per AC | $4,666,953.14 CAD |
| Price | $18,994,499 CAD |
| Price Per AC | $4,666,953.14 CAD |
| Lot Size | 4.07 AC |
Rectangular 4.06 acre in-fill parcel. 318' of frontage on Desert Inn Rd. Considered the SWC of Desert Inn Rd. and Procyon.
Description
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.
Property Taxes
| Parcel Number | 162-17-101-028 | Improvements Assessment | $2,770,915 CAD |
| Land Assessment | $1,164,599 CAD | Total Assessment | $3,935,514 CAD |
Property Taxes
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3355 Procyon St - Mixed Use In-Fill Land
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