Las Vegas Strip – Redevelopment Opportunity

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Diamond Inn Motel: A Redevelopment Jewel on the Las Vegas Strip

Seize the rare opportunity to own a part of the world-renowned Las Vegas Strip with the Diamond Inn Motel, a property steeped in history and potential. Spanning 1.36 +/-  acres with a generous road frontage of 237 +/- feet, this iconic site stands just north of the vibrant “Welcome to Fabulous Las Vegas” sign, visible to over 45 million annual visitors from McCarran International Airport and I-15. 

The Diamond Inn Motel, established in the 1940s, currently comprises 48 rooms and is famed for its nostalgic pink elephant landmark. This property, once a symbol of Las Vegas’ storied past, is primed for transformation, offering a canvas for the next groundbreaking development. 

Zoned H-1 for commercial resort use, with approved buildable heights reaching skyward between 406 to 505 feet, the estate promises a future as dazzling as its past. It boasts more road frontage than the nearby Paris, MGM Grand, and Venetian, and sits directly opposite Mandalay Bay, Luxor, and Excalibur, placing it at the heart of Las Vegas’ ceaseless energy. The Diamond Inn is walking distance to all major attractions, making it an excellent and rare investment opportunity for a world-class resort in a prime location.

This site isn’t just about its illustrious history; it’s a development haven for visionaries. With Elon Musk’s innovative transportation projects materializing close by, the location is set to become even more of a nexus for luxury and advancement.

The Diamond Inn offers the best of both worlds: past allure and future prosperity. The robust growth of the region signals a booming future, and the property’s prime location on the Las Vegas Strip guarantees visibility and access to an ever-increasing flow of visitors and residents alike. 

The sale includes the land and existing structures, offering a full spectrum of possibilities, from high-rise luxury condos to a new entertainment venue that could redefine the skyline. The Diamond Inn is a redevelopment opportunity tailored for those who will shape the future—real estate moguls, corporate investors, and creative magnates.

Don’t miss the chance to craft a new chapter in the Las Vegas legacy, where imagination meets an unparalleled investment opportunity, at the Diamond Inn Motel.

J. P. King Auction Company, Inc., Joseph Childers, Broker #B.0043848.CORP, a licensed Nevada Real Estate Broker, Auctioneer #354, Edward Perman, III, Apprentice Auctioneer #3082