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    805 Nevada Way Boulder City, NV 89005

    Sponsored
    For Sale
    $1,400,000

    11-Room Hotel & Service Station, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Prime redevelopment opportunity in Boulder City, Nevada. This 0.17-acre corner lot on Nevada Way includes an 11-room hotel and a vintage service station building, both situated in the central business district (C2 zoning). Built in 1955 and renovated in 1980, the property presents significant upside potential for a buyer willing to capitalize on its location and unique character. The hotel's 11 rooms and the service station have not been fully utilized, offering a chance to increase revenue streams. The service station has recently been temporarily leased, highlighting the potential for future income generation. The property is ready for a complete makeover, allowing for a customized approach to renovation and development. This rare opportunity includes two parcels: 805 Nevada Way (APN 186-09-210-003) and 801 Nevada Way (APN 186-09-210-004). The asking price is $1,400,000. The two-story building sits on a highly visible corner lot in a rapidly growing area. This is an exceptional chance to acquire a significant piece of Boulder City's main street.

    Property Features for 805 Nevada Way

    General Information

    Property type
    Motels
    Lot Size
    7,405 SF

    Building Details

    Year Built/Renovated
    1955/1980
    Buildings
    1
    Stories
    2

    HighLights

    • Prime 0.17‑acre redevelopment opportunity in Boulder City, NV's central business district (C2 zoning).
    • 11‑room hotel and vintage service station on a highly visible corner lot.
    • Property includes two parcels: 805 & 801 Nevada Way (APN 186‑09‑210‑003 & 186‑09‑210‑004).
    • Built in 1955, renovated in 1980, offering significant upside potential.
    • Asking price: $1,400,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Boulder City
    County
    Clark
    State
    Nevada
    Longitude
    -114.84082590722
    Latitude
    35.974346453775

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    FAQs

    What type of property is this?
    Motel - 11-Room Hotel & Service Station, High Potential
    Where is this motel located?
    The property is located at 805 Nevada Way Boulder City, NV.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Prime 0.17-acre redevelopment opportunity in Boulder City, NV's central business district (C2 zoning).; 11-room hotel and vintage service station on a highly visible corner lot.; Property includes two parcels: 805 & 801 Nevada Way (APN 186-09-210-003 & 186-09-210-004).
    Request Owner's contact information
    805 Nevada Way Boulder City, NV 89005
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    Boulder City, NV 89005
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    Realmo Value Estimation

    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.

    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.

    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
    805 Nevada Way Boulder City, NV 89005
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