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5051 S Las Vegas Blvd - 4.68 Acres Site 4.68 Acres of Commercial Land in Las Vegas, NV 89119

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Investment Highlights

Construction ready with about $90M invested in construction

Executive Summary

This offering represents a rare, construction-ready hotel development opportunity on a high-visibility Strip-front parcel across from Mandalay Bay, 0.5 Mile from the new A’s Ballpark, 1 mile from the Allegiant Stadium and adjacent to the Airport. The site sits at the primary arrival gateway to the Las Vegas Strip—steps from the world famous Welcome to Las Vegas sign—making it one of the best branding and arrival-sequence locations available. Originally designed by the world renown firm DLR, the project is now brand-agnostic and can be repositioned for any luxury, lifestyle,upscale flag. The development includes extensive base work already completed and an exceptionally streamlined path to vertical construction: permits and entitlements

Boutique Hotel to be Built-OM (1)

Offering Memorandum

Property Facts

Sale Type	Investment	Proposed Use	Multifamily Hospitality Apartment Units Apartment Units - Condo Casino Hotel
No. Lots	1	Total Lot Size	4.68 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	H-1, County - H-1 Zoning

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Hospitality Apartment Units Apartment Units - Condo Casino Hotel
Total Lot Size	4.68 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	H-1, County - H-1 Zoning

1 Lot Available

Lot

Lot Size	4.68 AC

Lot Size	4.68 AC

Premier Strip Frontage in an Irreplaceable Location Construction-Ready with Entitlements, Approvals, and Design Significant Capital Already Invested ±4.68 Total Acres The Construction Ready Project is far ahead of any standard ground up development

Description

Just listed — a rare, construction-ready hotel development opportunity on the Las Vegas Strip. Located at 5051 South Las Vegas Boulevard, this premier ±4.68-acre site sits at the primary gateway to the Strip — steps from the iconic Welcome to Fabulous Las Vegas sign and directly across from Mandalay Bay and the Four Seasons. Fully entitled and designed by DLR Group, this brand-agnostic luxury hotel project is approved through August 2027, with extensive foundation work already complete — placing development years ahead of typical Strip timelines. The approved program includes 531 keys, a 20,000-square-foot casino, multiple food and beverage concepts, a resort-style pool and dayclub, meeting space, and a rooftop lounge — all reconfigurable to meet operator or brand requirements. Strategically positioned within the South Resort Corridor, the site is surrounded by world-class demand drivers including Allegiant Stadium, the future A’s Ballpark, T-Mobile Arena, and Harry Reid International Airport — delivering unmatched visibility and visitor capture. With over $90 million invested to date and rapid remobilization capabilities in place, this is one of the most compelling development opportunities on the Strip today.