227 W Saint Louis Ave

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

227 W Saint Louis Ave

Las Vegas, NV 89102
Asking Price
$985K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The land is listed for sale at 985,000 dollars.
  • This site is situated in the city of Las Vegas.
  • The parcel is located near the Las Vegas Strip area.
  • The property is well-positioned for multifamily residential development projects.
  • The coordinates for the location are 36.1480, -115.1591.

What's Special

Priced at 985,000 dollars, this parcel of land at 227 W Saint Louis Ave presents a development prospect in the Las Vegas market. The site occupies a strategic position in proximity to the Las Vegas Strip, making it suitable for multifamily housing projects that cater to the dense workforce and transient population of the region. Las Vegas continues to experience consistent economic expansion, driven by its international tourism industry and a diversifying local economy that attracts residents seeking urban lifestyle options. As a land acquisition, the property offers a foundation for new construction in an established submarket. Developers can leverage the central access to major transportation corridors and the high visibility that defines this part of Nevada. This asset provides a blank canvas for multifamily residential units aimed at capitalizing on the high demand for housing near the city core.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.12%
DSCR
1.37
Strong
Cash-on-Cash
7.28%
Monthly Payment
$4,873.243
Annual Cash Flow
$21,521.089

Location & Travel Times