For Sale
$16,800,000

3355 Procyon St Las Vegas, NV 89102

4-Acre Lot, Prime Location, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 4.07-acre industrial land parcel in Las Vegas, NV (APN 162-17-101-028), presents a compelling redevelopment opportunity. Located just 1.5 miles west of the Las Vegas Strip, this property boasts a prime in-fill location off the major Desert Inn Road arterial, featuring a "fly-over" crossing I-15. The existing 25,000+ square foot, two-story structure features an open atrium design, three full-service bars, a complete kitchen, multiple meeting rooms, change rooms, and a comprehensive security system. The property's M-1 zoning allows for diverse uses, including industrial, but also permits exploration of high-density residential (R-4 or R-5), hotel/casino (H-1), or entertainment mixed-use (EM) projects, aligning with the area's ongoing revitalization and the high-density residential developments to the south and east. The asking price is $16,800,000. This presents a unique chance to capitalize on the area's growth and create a significant return on investment. The property's strategic location and flexible zoning make it ideal for a variety of development scenarios, from high-rise residential to entertainment venues. The existing structure offers immediate potential for adaptive reuse or serves as a valuable asset for future development plans. This is a rare opportunity to acquire a substantial land parcel in a rapidly evolving area of Las Vegas.

Highlights

  • 1.5 miles west of the Las Vegas Strip.
  • High-rise condo or apartment development potential.
  • Suitable for hotel/casino development.
  • Planned for entertainment mixed-use projects.
  • Situated on Desert Inn Road, a major arterial.
  • Existing 25,000+ sq. ft. building.

Property Details for 3355 Procyon St

Property type
Land, Industrial properties
Lot Size (sq. ft)
177,289 SF

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1293516
Longitude
-115.1884764

FAQs

What type of property is this?
Land - 4-Acre Lot, Prime Location, High Potential
Where is the land located?
The property is located at 3355 Procyon St Las Vegas, NV.
What is the asking price?
The asking price for this property is $16,800,000.
What are key features of this property?
This property features: 1.5 miles west of the Las Vegas Strip.; High-rise condo or apartment development potential.; Suitable for hotel/casino development.
How can I contact the broker?
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3355 Procyon St
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