805 Nevada Way Boulder City, NV 89005
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.