OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 5.23, Las Vegas, Nevada
Census Tract 5.23 is a Low-Income CommunityOpportunity Zone located in Las Vegas, Nevada.
This 0.4 square milecensus tract has a population of approximately 2,600and is one of 45 Opportunity Zones in Clark County.
The adjacent map shows the location of this Opportunity Zone in Nevada.
Census Tract 5.23 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$23K |
This Opportunity Zone has a median household incomeof approximately $23,000, which is 63% lowerthan the median household income for the state of Nevada of $63,000.
Poverty Rate
45% |
The percentage of households below the poverty line in this Opportunity Zone is 45%, which is 32% higherthan the rate for the state of Nevada of 13%.
Median Home Value
$0 |
This Opportunity Zone has a median home valueof approximately $0, which is 100% lowerthan the median home value for the state of Nevada of $320,000.
Education
62% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 62%, which is 25% lowerthan the rate for the state of Nevada of 87%.
Median Age
26 |
This Opportunity Zone has a median ageof approximately 26, which is 32% lowerthan the median age for the state of Nevada of 38.
Nevada OZ Funds
There are 11QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Nevadaas a target market. Additional OZ funds may also invest in Nevada; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| Shopoff DLV QOZ Fund Premium Listing | Real Estate | Hotel | $186M |
| Agora Realty Opportunity Zone Fund | Real Estate | Industrial, Multi-Family Housing | $50M |
| Alliant Strategic Opportunity Zone Fund I, LLC | Business, Real Estate | Affordable Housing, Mixed-Use, Workforce Housing | $125M |
| Clearinghouse CDFI Opportunity Fund | Real Estate | $25M | |
| Community Outcome Fund | Business, Real Estate | Commercial, Infrastructure, Mixed-Use, Residential | $500M |
| Galena Opportunity Fund | Real Estate | Residential | $500M |
| GRASS QOZF | Business | $50M | |
| GTIS Qualified Opportunity Fund | Real Estate | Industrial, Multi-Family Housing, Residential, Single-Family Housing, Student Housing, Warehouse | $350M |
| Kingsbarn QOZF | Real Estate | Multi-Family Housing | $10M |
| PICOZ Fund I | Real Estate | Mixed-Use, Multi-Family Housing, Residential, Single-Family Housing | $100M |
| Universal Labs Opportunity Fund, Inc. | Business, Real Estate | Healthcare | $50M |