Oportunity Zone Land Portfolio

Las Vegas, NV

FOR SALE
Property Type:
Other Land
Amount:
$12,225,000
Last Verified:
May 22, 2020

Highlights

  • Downtown Redevelopment Zone
  • Designated Opportunity Zone
  • Ideal Multifamily Development
  • Close To Strip & Fremont St Experience
  • High Density Allowed
  • Reduced Parking Ratio
  • Fast Track Permit Approval

Description

The downtown Las Vegas Land portfolio consists of 7 individual parcels totaling 5.62 AC. Each parcel is within a designated Opportunity Zone allowing investors to take advantage of the enormous tax benefits allowed under the OZ investment program. Purchase all or 1 parcel depending upon your investment needs. Ideal for multifamily development which is in high demand for the Downtown Las Vegas submarket. City re-development zone allows for fast track permit approval, higher density allowance, reduced parking ratios and much more.

To discuss placing an offer on all or any of the included parcels please contact Paul Macaluso president of Multifamily Investments with Simply Vegas Commercial.

Multiple Parcel land portfolio located in Downtown Las Vegas re-development zone.

Lot Size: 5.62 acres

Map of Las Vegas, NV

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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