Published on: Wednesday, August 27, 2025
Updated on: Wednesday, August 27, 2025
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About the Lister
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Name: Anders Graciano
Company: NAI Excel
Office Phone: 7024432881
Cell Phone: 7024432881
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  Downtown Las Vegas Multifamily Development Site
400-404 S Maryland Pkwy Las Vegas Nevada , 89101
400-404 S Maryland Pkwy Las Vegas Nevada , 89101  NAI Excel
Listing ID: CL-Nevada-26160

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Nevada-26160
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: N/A SqFt
Lot Size: 0.55 Acre
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
  • Download | Offering Memorandum 400-404 S Maryland Pkwy.pdf ( 5,299.84KB)
Listing Summary
This ±0.55-acre site offers a prime opportunity for multifamily development in the heart of downtown Las Vegas.
Complete Details
Year Build: N/A
Building Size: N/A
No of Stories: N/A
Total Lot Area: 0.55 Acre
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description

This ±0.55-acre site in downtown Las Vegas is an excellent opportunity for multifamily development. Zoned R-4 and P-R, it allows for high-density residential and professional office use. The property, which includes three parcels and a vacant ±2,800 SF office building, is perfectly suited for redevelopment. It's located in a Qualified Opportunity Zone, offering potential tax incentives for investors. With strong rental demand and easy access to employment centers, transit, and amenities, this is an ideal location for a new multifamily project.

Listing Location
Lister's other Properties
Title: 22-unit Apartment Complex - Seller Financing Available!
Address: 2592 Sherwood St. , Las Vegas Nevada 89109
Listing ID: CL-Nevada-10461
Listing Type: Commercial
Category: Multifamily - Garden Apartments
Status: Sold
Created On: 5/7/2024
Modified On: 8/27/2025
2592 Sherwood St. , Las Vegas Nevada 89109
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