Seize a once-in-a-lifetime opportunity to acquire iconic Las Vegas Strip real estate with the Diamond Inn Motel, a historic property rich in legacy and limitless potential. Situated on 1.36 acres of premium commercial lot with 237 feet of direct frontage on South Las Vegas Boulevard, this high-visibility site is located just steps from the world-famous “Welcome to Fabulous Las Vegas” sign, seen by over 45 million annual visitors. Strategically positioned only three miles from Harry Reid International Airport and offering immediate access to Interstate 15, the property ensures seamless connectivity for both local and international travelers. It is also just half a mile from Allegiant Stadium, home of the Las Vegas Raiders and host of the 2024 Super Bowl, making it a prime location for sports tourism development and entertainment ventures. With its 48-room layout and nostalgic pink elephant statue, the property offers a unique blend of historic charm and redevelopment potential. The Diamond Inn Motel is zoned H-1 Commercial Resort, making it ideal for a luxury hotel, high-rise development, casino resort, or entertainment complex. Located in one of the fastest-growing metro areas in the United States—the Henderson-Paradise-Las Vegas region—the population is projected to nearly double by 2060, driving demand for hospitality, retail, and entertainment infrastructure. The area is also experiencing major corporate expansion from industry leaders such as Tesla, Amazon, Apple, Switch, and Haas Automation, further boosting its economic vitality. Consumer spending in the immediate vicinity is staggering. Within a five-mile radius, the annual expenses exceed $5 billion on food and alcohol and $2.5 billion on entertainment and hobbies. This spending is fueled by the area's high visitor count and traffic volume, with over 50,000 vehicles passing daily on South Las Vegas Boulevard. The Diamond Inn Motel presents a rare development opportunity in the heart of Las Vegas’ booming hospitality and entertainment corridor. Whether you're a visionary developer, a hospitality brand, or a commercial investor, this property offers unmatched potential to create a skyline-defining project in one of the world’s most dynamic real estate markets.