3355 Procyon StLas Vegas, NV 89102

  • Bars
  • 24,556 SF
For Sale
$16,800,000 View listing

Property Details for 3355 Procyon St

Year built
2001
Construction
FRAME
Lot size
4.07 AC
Property size (Sq ft)
24,556 SF
Property type
Bars
APN
162-17-101-028
APU
16217101028

Description

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.

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1291
Longitude
-115.188
CBSA code
29820
CBSA name
LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$71,911
$698,075
$2,103,203
$2,801,278
-
$1,994,500
$6,009,151
$8,003,651

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