Eastern & 25th Street, Las Vegas, NV 89101
- $4,800,000
- Sold Price
- $4,800,000
- List Price
- $5,000,000
- Closing Date
- Feb 23, 2026
- Status
- CLOSED
- MLS#
- 2726125
- Lot Size
- 190,318
Property Description
Prime redevelopment opportunity in the heart of Downtown Las Vegas! This 4.391-acre distressed property in receivership offers a unique chance to capitalize on one of the valley’s most dynamic growth corridors. With Phase I subdivided into 31 lots with 15 townhomes that previously reached 70% completion, the site is already positioned for construction continuation. Phase II encompasses plans for 48 undeveloped lots (currently one parcel), providing for additional residential development or the potential to rezone into a commercial parcel, opening multiple pathways for future use. Situated just minutes from The Las Vegas Strip with high visibility, heavy traffic counts, and direct access to major transit routes, this site offers unmatched development potential. Whether advancing the existing plan or reimagining the site for mixed-use or commercial ventures, this property delivers a rare platform for developers and investors seeking long-term upside in an urban setting!
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Additional Information
- Zip
- 89101
- Elementary School 3-5
- Lot Features
- Corner Lot
- Lot Size
- 190,318
- Acres
- 4.39
- Property Condition
- Average Condition
- Fence
- Fenced
- Sewer
- Public Sewer
- Annual Taxes
- $440
- Foreclosure
- Yes
- Financing Considered
- Conventional
Mortgage Calculator
Courtesy of Lindsey Butler with Lindsey Butler Real Estate. Selling Office: Trust Real Estate.
LVR MLS deems information reliable but not guaranteed.
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