Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    855 Reese Place Boulder City, NV 89005

    View on Map
    New
    For Sale
    $199,900

    Land - Boulder City, NV

    Lot size:
    0.19 Acres
    Added:
    Mar 26, 2026
    Days on Market:
    6
    Last Refresh:
    Mar 31 at 5:06 pm

    Property Features for 855 Reese Place

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Single Family
    Standard status
    Active
    APN
    181-33-711-030
    Lot size
    0.19 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    2104

    Utilities

    Water source
    Public

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Heide Hanley
    Heide Hanley

    Listing agent Heide Hanley License #S.0070934

    Listing office Realty ONE Group, Inc 2831 St Rose Pkwy #100, NV

    Listing date Mar 26, 2026

    MLS# 2767819 Listing URL

    Copyright © 2026 Las Vegas REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Homesite with Lake and Mountain Views

    This 0.19-acre homesite offers lake and mountain views and desert sunsets. Situated on a cul-de-sac with four residences, the property provides privacy and a setting for a custom home. The lot's slope and terrain are suited for a multi-level design, allowing for views and features such as RV or boat storage. Located minutes from Lake Mead and the Hoover Dam, the property allows access to outdoor recreation and amenities. The zoning is Single Family.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Gym & Fitness Center Auto Repair Shop Computer & Electronic Repair Nursing Home Grocery & Convenience Store Nursing Home Travel Agency Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boulder City
    County
    Clark
    State
    Nevada
    Longitude
    -114.832176
    Latitude
    35.998695

    Nearby Similar for Sale

    • $159,900

      Land in Resort Community

      Land with mature landscaping in a five-star resort community.
      809 Pelican Way, Boulder City, NV 89005
      View Details
    • $235,000

      Boulder City Homesite with Views

      0.62-acre hillside lot with mountain and city views.
      1413 Pueblo Drive, Boulder City, NV 89005
      View Details
    • $450,000

      Lake Mead View Estates Land

      Rare leveled lot with stunning Lake Mead and mountain views.
      105 Red Rock Road, Boulder City, NV 89005
      View Details
    • $260,000

      Improved Lot with Fifth Wheel

      Move-in ready lot with 2022 RiverStone Fifth Wheel included.
      874 Pelican Way, Boulder City, NV 89005
      View Details
    • $187,500

      Finished Lot with Fifth Wheel

      Move-in ready lot with RV in a resort community.
      856 Oriole Way, Boulder City, NV 89005
      View Details
    • $156,000

      Residential Land in Resort Community

      Land with mature landscaping in a resort community.
      867 Robin Way, Boulder City, NV 89005
      View Details
    • $215,000

      Boulder City Land with Views

      Residential land with mountain and lake views in Boulder City.
      961 Keys Drive, Boulder City, NV 89005
      View Details
    • $164,000

      Boulder City RV Lot for Sale

      RV lot in Boulder Oaks Community Resort with amenities.
      849 Robin Way, Boulder City, NV 89005
      View Details
    • $200,000

      Residential Land in Boulder City

      0.29 acre lot ready to develop near Lake Mead.
      848 Lime Rock Road, Boulder City, NV 89005
      View Details
    • $159,500

      Boulder City RV Resort Lot

      RV resort lot with amenities near Lake Mead and Main Street.
      834 Canary Way, Boulder City, NV 89005
      View Details
    • $1,490,000
      25,367 SF

      Boulder City Office/Medical Building

      Two-story office building in Boulder City's central commercial district.
      Boulder City, NV 89005
      View Details
    • $1,100,000

      Industrial Road Land Opportunity

      Versatile dirt lot suitable for commercial or industrial use.
      1013 Industrial Rd, Boulder City, NV 89005
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.19-acre homesite with lake and mountain views in Boulder City.
    Where is this residential land & home lot located?
    The property is located at 855 Reese Place Boulder City, NV.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Sweeping lake and mountain views with unforgettable desert sunsets.; Rare 0.24‑acre homesite ideal for a custom dream home.; Located on a peaceful cul‑de‑sac with only four residences, offering privacy.
    (702) 561-4879
    We can help!
    Listing Contact
    Heide Hanley
    Heide Hanley
    Real Estate License ID: S.0070934
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!