Property Details

The land is fully paved and comes equipped with all necessary utilities on-site, streamlining the development process and reducing initial setup costs. An existing concrete slab offers a solid foundation and further enhances the property's readiness for immediate development. Imagine the possibilities: the location and zoning of this land make it ideal for a wide range of uses. Medical buildings could thrive here, given the proximity to Sunrise Hospital, one of the largest and most respected medical centers in Las Vegas. With the growing demand for healthcare services, this site is perfectly positioned to support medical offices, clinics, or even a larger healthcare facility. Alternatively, the property’s central location and size make it an excellent candidate for multi-family residential units. The demand for housing in Las Vegas continues to grow, and this site offers a prime opportunity to develop high-quality residential units that will attract tenants looking for convenient access to the city’s amenities. Whether you envision luxury apartments, townhomes, or a mixed-use development with retail spaces on the ground floor, the potential for this property is vast and varied. For commercial developers, the proximity to the Las Vegas Strip opens up additional opportunities. The Strip is not only a major tourist destination but also a hub for business and entertainment. Developing a commercial space here could attract a steady stream of customers and clients, making it an ideal location for retail stores, restaurants, or entertainment venues. The versatility of this property allows you to tailor your development to meet market demands and capitalize on the vibrant energy of Las Vegas. This listing offers the flexibility of either purchasing the land outright or signing a ground lease, providing you with options to suit your financial strategy and development timeline. Purchasing the land gives you complete control and ownership, allowing you to build equity and fully benefit from the property’s future appreciation. Alternatively, a ground lease could provide a lower initial investment while still enabling you to develop and operate on the land, making it a viable option for many developers and business owners. One of the standout features of this property is its status as a blank canvas. The existing concrete slab and fully paved surface mean you can immediately start planning and building your project without the need for extensive preliminary work. This head start can significantly reduce development time and costs, allowing you to bring your vision to life more quickly and efficiently. The central location of 1111 Sierra Vista Drive cannot be overstated. Being so close to Sunrise Hospital ensures a steady flow of traffic and potential clientele for medical or commercial enterprises. The nearby Las Vegas Strip, with its endless entertainment, dining, and shopping options, enhances the appeal of residential developments, promising a vibrant lifestyle for future residents. In the competitive Las Vegas real estate market, opportunities like this are rare. Properties that offer such a combination of size, location, and development potential do not come along often. This is your chance to secure a prime piece of real estate in a city known for its growth and dynamism. Whether you’re looking to expand your investment portfolio, develop a new commercial venture, or create a residential haven, 1111 Sierra Vista Drive provides the ideal foundation for your ambitions. Don’t miss out on this unique and versatile property. The possibilities are endless, and the potential for return on investment is significant. Contact us today to learn more about this exceptional opportunity and take the first step toward making your vision a reality.