This property sits directly on the Las Vegas strip, at the southern end near the “Welcome to Fabulous Las Vegas” sign, and adjacent to McCarran International Airport.
It’s a rare opportunity to own a prime development site on the las Vegas strip, which is one of the most iconic streets in the world. the property is located in a QUALIFIED OPPORTUNITY ZONE to develop and brand next to the welcome sign of the Entertainment Capital of the World.
This property is located at South Las Vegas Boulevard at Russell Street which has an exit, off Highway 15. Property is just South of the Four Seasons Hotel, Mandalay Bay Casino and Resort Property and directly across from the Bali-Hai Golf Club. Recent purchase of adjacent land to be developed by Harley Davidson.
Lying just 75 miles off the coast of Florida, Grand Bahama Island offers carefree living with a small community feel. Easily fly into Freeport from numerous locations in the United States and Europe to encounter pristine white sand beaches offering an array of water activities including sportfishing, sailing, snorkeling, and scuba-diving in crystal clear turquoise waters. With more than 300 sunny days each year and an average annual temperature of 75 degrees, nearly every day is perfect for taking advantage of all there is to see and do. Additionally, freedom from most types of taxes – property, income, capital gains, inheritance and corporate – makes this locale even more enticing.
Considerable resources have been devoted to land planning along with the creation of a unique master plan regarding this particular investment opportunity. There has been a significant investment made in infrastructure, which allows for immediate development on several key sites.
As you will see in the following analysis, opinion of values along with existing improvements are approximatively $40,000,000 (USD) in total valuation. This includes more than 200 boat slips at the Grand Bahama Yacht Club and Port Lucaya Marina, approximately 65 acres of land, and approved development for an additional 277 dwelling units.
Development opportunities consist of luxury townhomes, single-family residences, multi-family housing,commercial development, and expanding the marinas.