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    1308 Wyoming St Boulder City, NV 89005

    For Sale
    $1,350,000

    Mixed-use building, strong tenant, great location.

    Property size:
    3,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional mixed-use property, the Oaklane Building, presents a unique investment opportunity in the heart of Boulder City, Nevada. Located at 1308 Wyoming St, this two-story building boasts 3,500 square feet of net rentable space, spread across two units within a single building, situated on a 0.08-acre lot. Currently operating as a daycare/nursery, school, and storefront, the property is zoned C-2, offering versatility for a variety of uses. The building has a single tenant currently under a modified lease expiring May 1, 2028, with a monthly rent increase of $50 per year. The asking price is $1,350,000. The property's prime location within the thriving Downtown Boulder City CBD and Old Town Boulder City ensures high visibility and accessibility. The property's history as the Oaklane Pre-school speaks to its suitability for similar uses, while its flexible zoning allows for diverse possibilities. The APN is 186-09-110-119. This is a for sale by owner opportunity. The property features a strong tenant in place, mitigating risk and providing immediate cash flow. This is an excellent opportunity for investors seeking a stable, income-generating asset in a desirable location.

    Property Features for 1308 Wyoming St

    General Information

    Property type
    Schools
    Square Feet
    3,500 SF
    Lot Size
    3,485 SF

    Building Details

    Buildings
    1
    Stories
    2
    Units
    2

    HighLights

    • Former Oaklane Pre‑school building.
    • Prime location in Boulder City's Downtown CBD and Old Town.
    • Existing apartment tenant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    My 4 Sons ... Hobby Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Boulder City
    County
    Clark
    State
    Nevada
    Longitude
    -114.8370773
    Latitude
    35.9769457

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    FAQs

    What type of property is this?
    School - Mixed-use building, strong tenant, great location.
    Where is this school located?
    The property is located at 1308 Wyoming St Boulder City, NV.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Former Oaklane Pre-school building.; Prime location in Boulder City's Downtown CBD and Old Town.; Existing apartment tenant.
    Request Owner's contact information
    1308 Wyoming St 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
    1308 Wyoming St Boulder City, NV 89005
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