Page 22 - NOLASky_OfferingMemorandum_GSP
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Market Comparables
Land
Address Submarket Acres Sale Price $/Acre Sale Date
1 7400 W Azure Dr Centennial 4.4 $4,300,000 $970,655 Oct-18
2 8701-8771 W Charelston Blvd Summerlin 8.3 $7,800,000 $944,310 Jan-20
3 Sunset Rd & Durango Dr Spring Valley 14.9 $14,000,000 $940,228 Nov-19
4 2600 N Buffalo Dr Summerlin 7.3 $6,500,000 $895,317 Nov-19
5 W Craig Rd North Las Vegas 10.0 $7,500,000 $750,000 Dec-19
6 N Durango Dr & Deer Springs Way Centennial 10.0 $7,030,000 $703,000 Oct-19
7 N Hualapai Way and W Alexander Rd Summerlin 7.5 $5,250,000 $697,211 Dec-18
8 Far Hills Ave Summerlin 27.6 $17,640,000 $640,058 Sep-19
Average -- 11.2 $8,752,500 $817,597 --
NOLA Sky Las Vegas 12.9 $9,574,800 $742,233
22 | NOLA Sky
