The following includes information on recent high-rise land sales in central Las Vegas.  The table indicates some of the sales we have investigated with the most relevant presented in the following abstracts.

  

High Rise Las Vegas Land Sales Comparables Grid

 

SALE

 

SALE

SALE

SITE AREA

PRICE/

NO.

LOCATION

DATE

PRICE

NET SQ FT

NET SQ FT

 

 

 

 

 

 

2

190 E Flamingo Rd

6/2/2006

$6,000,000

17,860

$335.95

 

Zoning H-1 (Planned for Redevelopment)

 

 

 

 

 

 

 

 

 

 

3

153 Ida Ave

5/22/2006

$3,000,000

8,712

$344.35

 

Zoning H-1 (Held as Investment)

 

 

 

 

 

 

 

 

 

 

4

NWC E Harmon Ave & Koval Ln

7/18/2006

$200,000,000

502,683

$397.87

 

Zoning H-1 (Held for Mixed Use)

 

 

 

 

 

 

 

 

 

 

5

370 E Harmon Ave, and Charlotte & Rochelle Assemblage

6/1/2006

$201,622,846

1,014,328

$198.77

 

Zoning H-1 (Proposed Mixed Use)

 

 

 

 

 

 

 

 

 

 

6

2989 Paradise Rd

11/23/2005

$15,750,000

43,996

$357.99

 

Zoning H-1 (Proposed Mixed Use)

 

 

 

 

 

 

 

 

 

 

7

2920 Industrial Rd & 2900 S Las Vegas Blvd

10/2/2006

$279,864,000

662,983

$422.13

 

Zoning H-1 (Proposed Mixed Use)

 

 

 

 

 

 

 

 

 

 

8

3064 Kishner Dr

Listing

$19,500,000

54,014

$361.02

 

Zoning H-1 (MUD-1 Overlay)

 

 

 

 

 

 

 

 

 

 

9

93 E. Reno Ave

Listing

$20,000,000

39,204

$510.15

 

Zoning H-1 (Entitled / Planned for Mixed Use)