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Mixed-Use Building with Apartments
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1630 FOOTHILL DR, Boulder City, NV 89005

Industrial workspace is paired with two separate residential units for owner-occupancy, employee housing, or rental use.

Property Size6,423 SF
Price / SF$231.51
Days on Market100
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Property Features for 1630 FOOTHILL DR

General Information

Standard status Active
Size 6,423 SF
Class C
Total Parking Spaces 8
Property subtype Office, Industrial, Mixed Use
Zoning CM COMMERCIAL MANUFACTURING ZONE
Investment Type Owner/User

Additional Details

Warehouse Space 4,730 SF

Building Details

Year Built 1973
Year Renovated 2025
Buildings 1
Stories 2
Units 3
Building Size 6,423 SF
Listing Agency: Desert Sun Realty
Listed By: Bret Runion · License #NV B.0019112
Source: Crexi
Added: Jul 8 Changed: Oct 8 Last Checked: Oct 14 at 11:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Desert Sun Realty

Investment Insights

Based on property information with market context.

Located at 1630 Foothill Dr in Boulder City, this 6,423-square-foot mixed-use property combines industrial and office space with two residential apartments. The commercial portion encompasses 4,730 square feet and can accommodate operations, inventory, equipment storage, or office functions. The building also includes a 1,056-square-foot two-bedroom apartment and a 637-square-foot one-bedroom apartment, creating three distinct areas within the property.

Constructed in 1973 and zoned CM Commercial Manufacturing Zone, the property is positioned within Boulder City’s commercial area. Its location provides access toward Henderson, Las Vegas, and Arizona corridors, with the Las Vegas Valley described as minutes away. The configuration supports an owner-user seeking an integrated work and residential setting or an investor evaluating separate commercial and residential components.

Key Highlights

  • 6,423 SF total building size at 1630 Foothill Dr
  • 4,730 SF warehouse/office area
  • 1,056 SF two‑bedroom apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$111,206
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,224,120 $2.2M
Cap Rate 7%
$1,588,657 $1.6M
Cap Rate 9%
$1,235,622 $1.2M
Market Conditions
NOI Build-Up for 6,423 SF
Gross rent
$173.4K $27.00/SF
− Vacancy
−$25.1K −$3.92/SF
EGI
$148.3K $23.09/SF
− OpEx
−$37.1K −$5.77/SF
NOI
$111.2K $17.31/SF
Area
Clark County, NV
Vacancy
14.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,224,120
Cap Rate 7%
$1,588,657
Cap Rate 9%
$1,235,622

Alternative Uses

Best Use
Office B
$1.59M
$1.39M – $1.85M (±1% cap)
NOI $111,206 @ 7.0% cap · market cap 7.48%
Second Best
Mixed Use
$1.25M
$1.10M – $1.46M (±1% cap)
NOI $87,674 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$1.67M
$1.46M – $1.94M (±1% cap)
NOI $116,677 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Cafe & Coffee Shop Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 89005, NV

14,941
Population
7,437
Households
2
Avg Household Size
54
Median Age
31%
College-Educated
97%
High-School Grad
92.3 sq mi
ZIP Area
162
Density / Sq Mi
$68,832
Median Household Income
$42,736
Median Earnings
$1,376
Median Rent
$424,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Industrial workspace is paired with two separate residential units for owner-occupancy, employee housing, or rental use.
Where is this mixed-use property located?
The property is located at 1630 FOOTHILL DR Boulder City, NV.
What is the asking price?
The asking price for this property is $1,487,000.
What are key features of this property?
This property features: 6,423 SF total building size at 1630 Foothill Dr; 4,730 SF warehouse/office area; 1,056 SF two‑bedroom apartment
(702) 293-0000 Call to check price and availability
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