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OFFERING MEMORANDUM
Nevada Office
9205 W Russell Road, Suite 235 • Las Vegas, Nevada 89148
T (702) 929-3120 | www.hoffmanland.com | NV RED #B.1000466
Broker Contact
Aman Lal, NV RED #01389108
T (702) 929-3120 | [email protected]
The
Hoffman
Company
67 ACRES | LAS VEGAS BLVD
McCARRAN INTERNATIONAL AIRPORT
Warm Springs Rd Las Vegas Blvd
Blue Diamond Interchange
CITY CENTER
SUBJECT SITE ±67 ACRES
WYNN
MANDALAY BAY
PROPERTY DETAILS• Subject site comprised of 67 acres• Zoned H-1/MUD-1/MUD-2• Hotel, Casino, Luxury Offices & Condos• Convention Center• Stadium, Theme Park
• Total Size ±2,904,142 Square Feet• 2,000 Front Ft. ± on Las Vegas Blvd.• 1,200 Front Ft. ± on I-15• 2,060 Ft. ± on Blue Diamond Rd.• Within 2.5 miles of McCarran Airport and
Russel Rd. Interchange
15
215
160
2 67 ACRES ON LAS VEGAS BLVDThe
Hoffman
Company
OFFERING MEMORANDUM
Subject Property Traffic Distribution Ingress & Egress
Interstate I-15 & Blue Diamond Interchange
Parvin St/Blue Diamond Rd
Blue Diamond Rd & Las Vegas Blvd
Santoly Ave
Mesa Verde La
Old Blue Diamond Rd & Las Vegas Blvd
Robindale Rd. NDOT Proposed I-15 Overpass
Warm Springs Rd/I-15 Overpass
Interstate I-215 Interchange
Interstate I-15 Merging Lane
A
A
B
B
C
C
D
D
E
E
F
F
GG
H
H
I
I
JJ
• Subject Site comprised of 67 Acres located by Las Vegas Blvd and Blue Diamond Interchange
• Zoned H-1/MUD/MUD-2• 2,000 Front Ft. ± on Las Vegas Blvd.• 1,200 Front Ft. ± on I-15• 2,060 Ft. ± on Blue Diamond Rd.
• Within 1.6 miles of McCarran International Airport
McCARRAN INTERNATIONAL AIRPORT
Warm Springs Rd
CITY CENTER WYNN
MANDALAY BAY
SUBJECT SITE±67 ACRES
3 67 ACRES ON LAS VEGAS BLVDThe
Hoffman
Company
OFFERING MEMORANDUM
Proposed Rendering Concept Overlay on Aerial
McCARRAN INTERNATIONAL AIRPORT
Warm Springs Rd
CITY CENTER WYNN
MANDALAY BAY
4 67 ACRES ON LAS VEGAS BLVDThe
Hoffman
Company
OFFERING MEMORANDUM
Close Up Aerial With APNs
APN # Acreage177-08-803-013 24.34
177-08-702-002 11.04
177-08-803-014 30.27
177-08-803-010 00.67
177-08-803-001 00.31
177-08-803-01324.34 Ac
177-08-803-0010.31 Ac
177-08-803-0100.67Ac
177-08-803-01430.27 Ac
177-08-702-00211.04 Ac
15
215
160BLUE DIAMOND INTERCHANGE
S LAS VEGAS B
LVD
5 67 ACRES ON LAS VEGAS BLVDThe
Hoffman
Company
OFFERING MEMORANDUM
SUBJECT SITE ±67 ACRES
Views from Subject Site Looking North Toward Mandalay Bay
6 67 ACRES ON LAS VEGAS BLVDThe
Hoffman
Company
OFFERING MEMORANDUM
Rendering
7 67 ACRES ON LAS VEGAS BLVDThe
Hoffman
Company
OFFERING MEMORANDUM
© 2012-2017 D
igital Map P
roducts. All rights reserved.
1
114 feet
Subject Property Traffic Distribution Ingress/Egress
Interstate I-15 & Blue Diamond Interchange
Parvin St/Blue Diamond Rd (Logical Signal)
Blue Diamond Rd & Las Vegas Blvd (Signalized)
Santoly Ave (Logical Extension) - Right In/Right Out
Mesa Verde Lane (Logical Signal)
Old Blue Diamond Rd West Distribution - Right In/Right Out
Robindale Rd. (Logical Signal) NDOT Proposed I-15 Overpass
Warm Springs Rd/I-15 Overpass (Signalized)
Interstate I-215 Interchange (Signalized)
A
A
B
B
C
C
D
D
E
E
F
F
G
G
H
H
I
I
SUBJECT SITE±67 ACRES
15215
160
S LAS VEGAS BLVD
215
8 67 ACRES ON LAS VEGAS BLVDThe
Hoffman
Company
OFFERING MEMORANDUM
Regional Aerial
SUBJEC T SITE
HENDERSON
LAS VEGAS
ENTERPRISE
PARADISE
WINCHESTERSUMMERLIN SOUTH
9 67 ACRES ON LAS VEGAS BLVDThe
Hoffman
Company
OFFERING MEMORANDUM
Property Details
• Subject property is located at the N.W. corner of Las Vegas Boulevard
and the New Blue Diamond Road Interchange extending from Las
Vegas Boulevard to Interstate-15.
• Subject property is the only undeveloped Las Vegas Boulevard
location immediately adjacent to a fully completed interchange with
ample front footage on Las Vegas Boulevard for the appropriate traffic
signals and ingress / egress to and from the 66-acre site.
• Subject property provides an excellent merging intersection for all
the growing Southwest traffic utilizing the newly expanded Blue
Diamond Highway and Las Vegas Boulevard.
• Subject property provides numerous ingress / egress access routes to
allow for smooth traffic flow, with an approval for a North in from Blue
Diamond Highway.
• Subject property has more than 2000 front feet on Las Vegas
Boulevard in addition to hi-visibility unobstructed exposure fronting
1500 feet along Interstate-15.
• Due to the FAA height restrictions to the North of the subject
property. Subject property is one of the first legitimate resort sites
South of Mandalay Bay Resort.
• Subject property location relative to Interstate-15 is very similar to
Mandalay Bay, New York New York, and Caesar’s Palace.
• Subject property was chosen as one of the final four sites (originally
17 sites under consideration) by an independent 15-person
committee contracted by Clark County and the City of Las Vegas to
determine the feasibility and location of an Events Center in the Las
Vegas valley. Additionally, it is the only site of the final four located
on Las Vegas Boulevard directly adjacent to a full interchange on
Interstate-15.
• Subject property has benefited from three years of continual site
due diligence by the land seller to assist a high profile, multi-use
development.
• With the completed and planned developments in the area, there is
a higher likelihood of strong occupancy for a hotel / casino and retail
development.
• A development, with the Events Center as one of the attractions,
upon completion would be a trophy, legacy development that
would be the most significant real estate related accomplishment
in Las Vegas for decades to come. The center of a web of professed
community pride and involvement.
10 67 ACRES ON LAS VEGAS BLVDThe
Hoffman
Company
OFFERING MEMORANDUM
Prospective Buyers Site Information
A) Seller to provide Buyer(s) access to the following reports & property
information. Independent unrelated companies provided the information
contained here to Seller.
B) Assessor’s Parcel Numbers
APN #177-08-803-014 (30.54 ac.)
APN #177-08-803-013 (24.42 ac.)
APN #177-08-702-002 (10.95 ac.)
All three parcels have ALTA/ACSM Land Title Surveys.
Maps additionally depict Public Utilities locations and capacities.
Provided by Great West Surveying Inc. May 5, 2015
24.42-acre parcel Vacation/Abandonment of Patent Easements.
Provide by C-B Nevada, Inc., dated September 1, 2007.
C) Environmental Assessment Study – Phase One.
Provided by Western Technologies Inc. May 11, 2015
D) Preliminary Geotechnical Exploration Report.
Soils testing with borings to 100 feet.
Provided by Owens Geotechnical, Inc., dated September 8, 2006.
d1) Ground water absence to below 100 feet.
d2) Seismic testing resulting in positive site classification upgrade
from D to C. Tested and verified by Owens Geotechnical,
Inc., dated September 8, 2006.
E) Topographical Survey.
Physical attributes and mapping of ground elevations,
Provided by C-B Nevada, Inc., dated August 29, 2006.
F) Subject parcels currently H-1 Hard Zoned
APN 177-08-702-002 & 177-08-803-014 – MUD-1 Density.
APN 177-08-803-013 – MUD-2 Density, Airport Environs Sub-Districts (A-
E65).
Subject parcels are in the County Master Plan for same.
G) Site Classification – Tier One
Results of seller response to Clark Counties request for information as to
the property suitability for a Las Vegas Events Center (New Arena).
H) Regulatory Concern:
Aeronautical Impact Statement by Federal Airways & Airspace Dec. 9,
2015. (2015-AIS-734-OE)
Note:
*Prospective Buyer has permission of Seller to utilize this information to
order updated reports from the various providers at Prospects Buyers
expense and rely on those updates as the providers may warrant.
**Seller believes the information to be accurate however cannot nor does
not guarantee, warrant or take responsibility for the information.
11 67 ACRES ON LAS VEGAS BLVDThe
Hoffman
Company
OFFERING MEMORANDUM
The Hoffman Company is pleased to announce this unique opportunity to own a piece of the famed Las Vegas “Strip.”
The Hoffman Company has been retained by
Fred Nassiri to sell 67 acres at the Interchange
of Las Vegas Blvd and Blue Diamond. The is one
of the most unique properties in Las Vegas with
easy access to the 15 and 215 freeways. The site
has an approved “on-ramp” onto the 15 freeway
northbound. The property is zoned H-1, Limited
Resort and Apartment. The site would support
retail, multifamily, high density residential,
hotel and many other uses. The property is less
than 2 miles from McCarran Airport and Town
Center. The Mandalay Bay casino and resort is
located just 2.6 miles north of the site. This
piece of land offers a developer a unique ability
to capitalize on an irreplaceable location in a
city with 40 Million visitors a year.
