801 Nevada Way Boulder City, NV 89005
This exceptional redevelopment opportunity presents a unique chance to acquire a 0.19-acre corner lot in Boulder City, Nevada, situated at the intersection of Nevada Way and 5th Street. The property includes a vacant, single-story, 11-room building (formerly the Boulder Inn, APN 186-09-210-003) and a vintage service station building (APN 186-09-210-004), both built in 1948. Currently zoned for Central business district and trading area (C2), this property offers significant upside potential for investors seeking a high-impact project. The previous owner briefly occupied the service station with a temporary tenant, highlighting the need for a complete renovation and repositioning. The property's location on a bustling main street in a growing city presents a rare opportunity for a mixed-use development or a complete overhaul to maximize its potential. The asking price is $1,400,000. This sale includes both buildings on the combined lot. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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