227 W Saint Louis Avenue, Las Vegas, NV 89102
Meadows Add · Clark County
Key Facts
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.
Property Information
Property Type
Land
Lot Size
0.24 acres
MLS® Listing#
2779610
Property Features
- Utilities:
- Electricity Available
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- HOA:
- None
- Annual Tax:
- $1,679
- Parcel #:
- 162-04-710-094
Directions
From I-15: Exit Sahara Avenue and head east. Turn left (north) on Las Vegas Blvd, then left (west) on St. Louis Ave. Property is on the south side of W St. Louis Ave between the alley and Fairfield Ave, just west of The Strat.
Affordability Calculator
$197,000
Estimated monthly payment
$5,243/mo
Principal $788,000 · Est. interest $1,099,330 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Las Vegas, NV
- $477,316
- Median Listing Price
- 84
- Median Days on Market
- 1,686
- Median Sq Ft
- $260
- Median Price / Sq Ft
- 8,379
- Active Listings
- This home’s price is 106% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Las Vegas, NV.
Location
- 227 W Saint Louis Avenue, Las Vegas, NV 89102
Nearby Schools
FDR Institute
School · 0.1 mi away
Shadow Lane Campus
School · 0.9 mi away
Innovations Charter School
Secondary · 1.0 mi away
Trinity Christian Schools
School · 1.0 mi away
Academy for Learning
School · 1.0 mi away
John S. Park Elementary School
Elementary · 1.0 mi away
Schools Clark County Public
Secondary · 1.1 mi away
Global Community High School
Secondary · 1.3 mi away
Rex Bell Elementary School
Elementary · 1.4 mi away
Howard Wasden Elementary School
Elementary · 1.5 mi away
Las Vegas Academy of T
School · 1.6 mi away
Innovations Int'l Charter es
Elementary · 1.7 mi away
Innovations International Charter School of Nevada
Secondary · 1.7 mi away
First Good Shepherd Lutheran Church
School · 1.7 mi away
Robert E Lake Elementary School
Elementary · 1.8 mi away
Saint John Paul II Polish School in Las Vegas
School · 1.8 mi away
Crestwood Elementary School
Elementary · 1.8 mi away
Our Lady of Las Vegas School
School · 1.9 mi away
Dean Petersen Elementary School
Elementary · 2.0 mi away
Vegas Verdes Elementary School
Elementary · 2.0 mi away
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EXIT Agents in Las Vegas
Listing Courtesy: Coldwell Banker Premier - (702) 234-4373
Presented by: Brian Krueger