915 S Casino Dr. Laughlin, NV
Commercial Division
Prime Location for a hotel/casino in Laughlin on the river!
Ready
Jack Woodcock, CCIM George Warner Daniel Ledeboer Founder-Broker Senior Associate Senior Associate 702-362-8700 702-497-2345 702-826-0824 [email protected] [email protected] [email protected]
7475 West Sahara Avenue Suite 100, Las Vegas, NV 89117 | Office: 702-362-8700 | www.jackwoodcock.com 915 S Casino Dr. Laughlin, NV
Commercial Division
Ready
Jack Woodcock, CCIM George Warner Daniel Ledeboer Founder-Broker Senior Associate Senior Associate 702-362-8700 702-497-2345 702-826-0824 [email protected] [email protected] [email protected]
7475 West Sahara Avenue Suite 100, Las Vegas, NV 89117 | Office: 702-362-8700 | www.jackwoodcock.com 915 S Casino Dr. Laughlin, NV
Commercial Division
Jack Woodcock, CCIM George Warner Daniel Ledeboer Founder-Broker Senior Associate Senior Associate 702-362-8700 702-497-2345 702-826-0824 [email protected] [email protected] [email protected]
7475 West Sahara Avenue Suite 100, Las Vegas, NV 89117 | Office: 702-362-8700 | www.jackwoodcock.com 915 S Casino Dr. Laughlin, NV
Commercial Division
Jack Woodcock, CCIM George Warner Daniel Ledeboer Founder-Broker Senior Associate Senior Associate 702-362-8700 702-497-2345 702-826-0824 [email protected] [email protected] [email protected]
7475 West Sahara Avenue Suite 100, Las Vegas, NV 89117 | Office: 702-362-8700 | www.jackwoodcock.com 915 S Casino Dr. Laughlin, NV
Commercial Division
APN: 264-25-301-001
PROPERTY RIGHTS: FEE SIMPLE
JURISDICTION: LAUGHLIN
FRONTAGE: CASINO DR & COLORADO RIVER
LAND SIZE: +/- 19.25 ACRES
ZONING: RURAL OPEN LAND (R-U)
PLANNED LANDUSE: CT—COMMERCIAL TOURIST
GAMING: YES
AREA GAMING: HARRAHS LESS THAN 1 MILE
LAUGHLIN STRIP LESS THAN 2 MILES
TRANSPORTATION: REGINAL AIRPORT WITHIN 3 MILES
SALES PRICE: $3,000,000.00USD
Price/AC: $155,844 / AC
SALE TERMS: CASH TO SELLER
TITLE: NEVADA TITLE COMPANY
Jack Woodcock, CCIM George Warner Daniel Ledeboer Founder-Broker Senior Associate Senior Associate 702-362-8700 702-497-2345 702-826-0824 [email protected] [email protected] [email protected]
7475 West Sahara Avenue Suite 100, Las Vegas, NV 89117 | Office: 702-362-8700 | www.jackwoodcock.com 915 S Casino Dr. Laughlin, NV
Commercial Division
Jack Woodcock, CCIM George Warner Daniel Ledeboer Founder-Broker Senior Associate Senior Associate 702-362-8700 702-497-2345 702-826-0824 [email protected] [email protected] [email protected]
7475 West Sahara Avenue Suite 100, Las Vegas, NV 89117 | Office: 702-362-8700 | www.jackwoodcock.com 915 S Casino Dr. Laughlin, NV
Commercial Division
Jack Woodcock, CCIM George Warner Daniel Ledeboer Founder-Broker Senior Associate Senior Associate 702-362-8700 702-497-2345 702-826-0824 [email protected] [email protected] [email protected]
7475 West Sahara Avenue Suite 100, Las Vegas, NV 89117 | Office: 702-362-8700 | www.jackwoodcock.com 915 S Casino Dr. Laughlin, NV
Commercial Division
About Laughlin, Nevada
A sliver of the Colorado River Valley where Nevada, California and Arizona meet has been transformed into a fast -growing tourist destination and gambling resort in a few short decades. Laughlin's current location was established in the 1940's with the South Pointe due to its proximity to Nevada's southern tip. The settlement consisted of a motel and bar that catered to gold and silver miners who dotted the map, and to the many constructi on workers who built Davis Dam. Davis Dam was designed to help regulate the mighty Colorado and to provide electricity to the Southwest. Once the dam was com pleted, construction workers left and the motel fell into disrepair.
In 1964, Don Laughlin, owner of Las Vegas' 101 Club, flew over Laughlin and offered to buy the property. In less than two yea rs the motel and bar, now called the Riverside Resort, was offering all-you-can-eat chicken dinners for 98 cents, play on 12 slot machines and two live gaming ta bles. Guest accommodations were available in four of the motel's eight motel rooms. The Laughlin family lived in the other four rooms. South Pointe was renam ed Laughlin when the U.S. Postal Service inspector insisted Don Laughlin give the town a name - any name - in order to receive mail. Don Laughlin recommended the name of Riverside or Casino, but the postal inspector used Laughlin instead. In 1972, the Riverside Resort added 48 rooms, followed by several additions a nd in 1986 built the first 14-floor high-rise. A second casino, the Bobcat Club opened in 1967 where the Golden Nugget Laughlin currently operates. In 1968 a third casino, the Monte Carlo opened its doors. Across the River, Bullhead City flourished in the glow of the casino light. Shuttle boats transported customers fr om the Arizona side of the river to Laughlin's resorts. During the 1980s a surge of casino construction exploded in Laughlin. The Colorado Hotel (now the Pioneer ), Sam's Town Gold River (now the Laughlin River Lodge) and the Edgewater opened early in the decade. The activity attracted other investors that began the second boom, resulting in the construction of the Colorado Belle, Harrah's Del Rio, Ramada Express (now Tropicana Laughlin) and finally, in 1990, the Flamingo Hilton (now Aquarius).
In 1987, Don Laughlin funded and built the Laughlin Bridge at a cost of $3.5 million. He donated the bridge to the states of Nevada and Arizona. The bridge carries 2,000 vehicles daily. Today there are nine hotel/casinos and one motel in Laughlin providing over 10,000 rooms, 175,0 00 square feet of meeting space, 60 restaurants, two museums, a 34-lane bowling center, an outlet shopping mall and a variety of boutiques, spas and salons. More th an 14,000 casino workers now cross the Colorado by shuttle boat or the Laughlin Bridge each day. The city by the river now attracts nearly 2 million visit ors annually who visit Laughlin to gamble, enjoy water sports on the Colorado and attend many top name entertainers and high -profile special events hosted by the destination. (Provided, courtesy of www.visitlaughlin.com)
Jack Woodcock, CCIM George Warner Daniel Ledeboer Founder-Broker Senior Associate Senior Associate 702-362-8700 702-497-2345 702-826-0824 [email protected] [email protected] [email protected]
7475 West Sahara Avenue Suite 100, Las Vegas, NV 89117 | Office: 702-362-8700 | www.jackwoodcock.com