New
$985,000
Active
227 West Saint Louis Avenue
Las Vegas, NV 89102
· Meadows Add
Description
Rare opportunity to acquire 0.47 acres of vacant multifamily land in the heart of the redeveloping Gateway District, just steps from The Strat, Sahara Las Vegas, Atomic Golf, & Las Vegas Boulevard. Zoned R-4 High Density Residential by the City of Las Vegas, this site is positioned for a multifamily development capitalizing on one of the most dynamic urban infill corridors in the valley. Located within a designated Opportunity Zone, the property offers significant long-term tax advantages for qualified investors. Surrounded by active renovation and new construction — including The Myles & Gemma — the Gateway District is following the trajectory of the adjacent Arts District, with development momentum moving south. With strong rent growth, superior occupancy fundamentals, & proximity to roughly one-third of the city's employment base, this is a compelling entry point for builders, developers, & long-term capital. Two parcels offered together (APNs 162-04-710-094 & 095). Owner/Licensee.
Exterior & Lot
- Lot Size
- 10,454 sq ft
- Garage
- No Garage
Community & HOA
- HOA Fee
- None
Building Info
- MLS Number
- 2779610
- Last Updated
- May 9, 2026
Financial
- HOA Fee
- None
- Annual Tax
- $1,679
Schools
- Elementary
- ,
Virtual Tour
View Virtual TourListed by: Brian Krueger, Coldwell Banker Premier