Prime redevelopment opportunity in the heart of Downtown Las Vegas! This 4.391-acre distressed property in receivership offers a unique chance to capitalize on one of the valley's most dynamic growth corridors. With Phase I subdivided into 31 lots with 15 townhomes that previously reached 70% completion, the site is already positioned for construction continuation. Phase II encompasses plans for 48 undeveloped lots (currently one parcel), providing for additional residential development or the potential to rezone into a commercial parcel, opening multiple pathways for future use. Situated just minutes from The Las Vegas Strip with high visibility, heavy traffic counts, and direct access to major transit routes, this site offers unmatched development potential. Whether advancing the existing plan or reimagining the site for mixed-use or commercial ventures, this property delivers a rare platform for developers and investors seeking long-term upside in an urban setting!