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MATT BEAR O 702-710-1031 M 702-768-9300 [email protected] BEAR REAL ESTATE ADVISORS 10080 W. Alta Drive, Suite 125 Las Vegas, NV 89145 www.bear-advisors.com ±2.07 Acres Development Opportunity FOR SALE NWC Spring Mountain Road & Valley View Boulevard, Las Vegas, NV VALLEY VIEW BOULEVARD SPRING MOUNTAIN ROAD PACIFIC WEST FLOORING XO LIQUOR (41,000 VPD) (26,000 VPD) Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification. BILLBOARD SIGN INCOME

FOR SALE ±2.07 Acres Development Opportunity...1 5 5 0 5 3 5 5 7 1 5 8 2 198.82 86 5 0 0 30 30 0 1 6 261.89 261.89 298.28 168.19 158.61 70 8 70 76.25 76.95 70 0 0 140 40 20 5 2 2

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Page 1: FOR SALE ±2.07 Acres Development Opportunity...1 5 5 0 5 3 5 5 7 1 5 8 2 198.82 86 5 0 0 30 30 0 1 6 261.89 261.89 298.28 168.19 158.61 70 8 70 76.25 76.95 70 0 0 140 40 20 5 2 2

MATT BEAR O 702-710-1031M [email protected]

BEAR REAL ESTATE ADVISORS10080 W. Alta Drive, Suite 125Las Vegas, NV 89145www.bear-advisors.com

±2.07 Acres Development OpportunityFOR SALE

NWC Spring Mountain Road & Valley View Boulevard, Las Vegas, NV

VA

LLEY

VIE

W B

OU

LEV

AR

D

SPRING MOUNTAIN ROAD

PACIFIC WEST FLOORINGXO LIQUOR

(41,000 VPD)

(26

,00

0 V

PD

)

Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.

BILLBOARD SIGN INCOME

Page 2: FOR SALE ±2.07 Acres Development Opportunity...1 5 5 0 5 3 5 5 7 1 5 8 2 198.82 86 5 0 0 30 30 0 1 6 261.89 261.89 298.28 168.19 158.61 70 8 70 76.25 76.95 70 0 0 140 40 20 5 2 2

MATT BEAR O 702-710-1031M [email protected]

BEAR REAL ESTATE ADVISORS10080 W. Alta Drive, Suite 125Las Vegas, NV 89145www.bear-advisors.com

±2.07 Acres Development OpportunityFOR SALE

NWC Spring Mountain Road & Valley View Boulevard, Las Vegas, NV

ABOUT THE SITE

The Subject Site is located on the NWC of Spring Mountain Road and Valley View Boulevard, just west of the Interstate 15 and sits right in the heart of Las Vegas’ very own “Chinatown”, home to some local favorite spots including Chengdu Taste, Lees Sandwiches, and District One Kitchen & Bar.

The Site is located less than 4 miles away from the new Las Vegas Raider’s Stadium which is anticipated to be complete by July 2020.

• Address: 3810 Spring Mountain Rd., Las Vegas, NV 89102

• APN: 162-18-506-009

• Size: ±2.07 acres

• Zoning: Limited Resort and Apartment (H-1)

• Current Improvements: ±24,806 square foot auto repair facility. Tenant and Landlord each have cancellation notice. Call Broker for details.

• Billboard sign income with Landlord cancellation right

PROPERTY DETAILS:

SITE

Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.

Population Demographics1 mi: 27,332 3 mi: 164,067 5 mi: 435,760

Daytime Employment (employees)1 mi: 27,302 3 mi: 277,892 5 mi: 461,096

Visitor Volume*

2018: 42,116,800 January 2019: 3,464,900 (YoY up 2.1%)

Convention Attendance*

2018: 6,501,800 January 2019: 683,400 (YoY up 11.5%)

Available Room Inventory (as of Jan)*

148,186

*Las Vegas Convention and Visitors Authority

Asking Price: $6,000,000

Page 3: FOR SALE ±2.07 Acres Development Opportunity...1 5 5 0 5 3 5 5 7 1 5 8 2 198.82 86 5 0 0 30 30 0 1 6 261.89 261.89 298.28 168.19 158.61 70 8 70 76.25 76.95 70 0 0 140 40 20 5 2 2

(61,000 VPD)(41,000 VPD)

(26

,00

0 V

PD

)

DE

CA

TU

R B

OU

LEV

AR

D

VA

LLE

Y V

IEW

BO

ULE

VA

RD

DESERT INN ROAD

FLAMINGO ROAD

AR

VIL

LE S

TR

EE

T

KO

VA

L LA

NE

15

15

TWAIN ROAD

SPRING MOUNTAIN ROAD

LAS

VEG

AS

BO

ULE

VARD

MATT BEAR O 702-710-1031M [email protected]

BEAR REAL ESTATE ADVISORS10080 W. Alta Drive, Suite 125Las Vegas, NV 89145www.bear-advisors.com

±2.07 Acres Development OpportunityFOR SALE

NWC Spring Mountain Road & Valley View Boulevard, Las Vegas, NV

Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.

SITE

TREASURE ISLAND

WYNN

ALON SITE

RESORTS WORLD

ENCORE

THE VENETIAN

HARRAH’S

THELINQ

THEMIRAGE

CAESARSPALACE

BELLAGIO HOTEL AND CASINO

THE PALAZZO

BALLY’S HOTEL & CASINO

PALMS HOTEL & CASINO

PARIS LAS VEGAS

PLANET HOLLYWOOD RESORT & CASINO

RAIDERS STADIUM 3 MILES SOUTH FROM SITE

Page 4: FOR SALE ±2.07 Acres Development Opportunity...1 5 5 0 5 3 5 5 7 1 5 8 2 198.82 86 5 0 0 30 30 0 1 6 261.89 261.89 298.28 168.19 158.61 70 8 70 76.25 76.95 70 0 0 140 40 20 5 2 2

MATT BEAR O 702-710-1031M [email protected]

BEAR REAL ESTATE ADVISORS10080 W. Alta Drive, Suite 125Las Vegas, NV 89145www.bear-advisors.com

±2.07 Acres Development OpportunityFOR SALE

NWC Spring Mountain Road & Valley View Boulevard, Las Vegas, NV

ASSESSOR’S PARCEL MAP

Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.

Asking Price: $6,000,000

>

$

111

505

501

503

601

511

018

026032025034033

007004

018

004

037

041

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VAC 671:630717

DESERT INN RD

ARVI

LLE

ST

SHIR

LLS

AVE

WYN

N R

D

VALL

EY V

IEW

BLV

D

SPRING MOUNTAIN RD

PB 9-11

PB 39-5

PB 35-2

1

42

42

23

1

2 2

1

1

2

3

6

7

12

2

1

1 1

2

3

1 2

24

21

3

1 2

1

2

50

50

150.54

14014014075125

30

50

122.07

100

325.25225.13

50

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R=3080 155.3

R=20

30R=30

30

R=25

105.96

110.

77

30

R=25

30

40.01

603.

0550

258.25

342.

43

268.15284.15

352.

07

212.01

225

211.28 59.92

198.

82

86

5030

30

30

70

327.31

329.26

261.

89

261.

89

298.28

168.

19

158.

61

70 158

50

7076

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40

20

175

123.92

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140

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342.

31

51.0

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150

280

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313.

65

313.

35

312.

96

10031

4.43

250

145

150

162.98

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129.

92

99.8

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50

280

20

205

20872

72

50

50

30

315.

59

50

30

580

352.

03

172.18

30

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L=38.08R=251221.3

207.5 185.59

67

70

118.

99

107.8

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9.83

1495

107.22 31

70

197

65.88

118.

01

118.

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65.88150

150

88.0

1

88.0

1

215.88

200

44.12

199.

01

145

145

110

110

338

295.3

179.67179.5

371.07200.08

291.

09

148.84 127.61

163.

12

168.

72

149.12 148.43

153.

49

76.92 175.6 R =25

125.10

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51.5

9

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66

364.

922

5.04

262.

37

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402.

1390

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160.27

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287.36

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30 30

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R=25

30

30 30

R=15

140.14

R=20 R=20

R=15

R=25

140

30 30

R=25

R=54

73.62

35.02

R=25

R=20

R=54

R=15

R=30

200

405

18030170.21

100.52 99.69

262.

81

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53

100.59 99.62

268.

22

210.18

230.56

311.

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63

176.78

53.3

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4.84

177.44

219.

6353

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300.03

297.13

170.

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297.63

142.47

50

88.68141.44

78.22

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62.2

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199.9

298.57

85.1

985

.19

299.05

154.23R=25

298.81

297.15

80.4

515

4

R=25

50.07

50.07

PM 78-72

PM 95-72

PM 103-89PM 113-27

PM29-75

0391

BUSINESS CENTER-

MENDENHALL SPRING

PHASE 151-89

PM

PM 20-82

PM 6-90

510

ARVILLE SQUARE

PM 82-60

120.24

PM 20-48 PM 7-69

PM2-88 502

504032

111.

04

343.57

MOUNTAIN & WYNN

506

PM 73-50

DRAKEESTATES

178.29283.76

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150

150

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195.

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349.

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87

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PM 121-66

45

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340.

65

302.65

84.48

299.

43

R=15

PIONEER AVE045

SHANGHAI PLAZA

PB 154-47

512

PT 1

PT 1

PT 1

115.

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230.38

453.

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394.08

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40.59

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0040.34See Detail Pages for Air Pcls

008

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NO

TES

This map is for assessment use only and does NOT represent a survey.

No liability is assumed for the accuracy of the data deliniated herein. Information on roads and other non-assessed parcels may be obtained from the Road Document Listing in the Assessor's Office.

This map is compiled from official records, including surveys and deeds, but only contains the information required for assessment. See the recorded documents for more detailed legal information.

MA

P LE

GE

ND

USE THIS SCALE(FEET) WHEN MAP REDUCED FROM 11X17 ORIGINAL

ASSESSOR'S PARCELS - CLARK COUNTY, NV.

Scale: 1" = 200' 1/8/2019

T21S R61E 18 N 2 NE 4 162-18-5

31

30

19

1

1314

121110987

6 5 4 3 2

3635343332

29 28 27 26

24

25

23222120

18 17 16 15

BO

OK

SEC

.

MA

P

2

3

4

5

6

7

8

1

2

3

4

51

8

7

5

6

4 8

470

PARCEL BOUNDARYSUB BOUNDARY

ROAD EASEMENTPM/LD BOUNDARY

HISTORIC LOT LINEMATCH / LEADER LINE

ROAD PARCEL NUMBERPARCEL NUMERACREAGE

PARCEL SUB/SEQ NUMBER

PLAT RECORDING NUMBERBLOCK NUMBERLOT NUMBERGOV. LOT NUMBER

10010011.00

202PB 24-45

55

GL5

HISTORIC SUB BOUNDARYHISTORIC PM/LD BOUNDARY

15

8 4

Rev:

TAX DIST

0 200 400 600 800100 SECTION LINE

CONDOMINIUM UNITAIR SPACE PCLRIGHT OF WAY PCLSUB-SURFACE PCL 163 162

138 139

177176

161

140

178

164

137

175

Briana Johnson - Assessor

q

SITE