325 E Flamingo Rd
Las Vegas, NV 89169

Outstanding hotel redevelopment opportunity in a prime Las Vegas location, 3-8 minutes from all major attractions. Unencumbered by franchise and management, these 5.68 acres, with only the current structure built on around half that, offers a prime redevelopment opportunity with previous plans for site development approved by Clark County Department of Comprehensive Planning and Land Use Planning. The approved plans for the site included expansion of the gaming enterprise district for a new resort hotel, 794 rooms, 261 feet total building height (26 stories), 100,462 SF gaming area, 48,130 SF public space (restaurants, retail sales, spa area and other accessory use), 39,117 SF convention center facilities and 36,479 SF back-of-house area. All previously approved plans and special-use permits are subject to re-approval as they expired in June 2018. Priced $1.85 million below September 2017 appraised value of the site. The hotel sits on 3.4 acres but another 2.28 acres of vacant land comes with the deal. These 2.28 acres aren't being used in the hotel operation and could be sold of.