1936 Boulder HwyHenderson, NV 89011

Property Details for 1936 Boulder Hwy

Year built

1953

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.70 AC

Property size (Sq ft)

2,362 SF

Property type

Hospitality properties

Property subtype

Motels

APN

178-01-202-013

APU

17801202013

Description

This exceptional 0.83-acre commercial land parcel presents a unique investment opportunity in the thriving city of Henderson, Nevada. Located at 1936 N Boulder Hwy, this property boasts a prime location within a Mixed Use Community Corridor zoning designation, offering unparalleled flexibility for a wide range of development projects. The expansive lot size provides ample space for creative vision and strategic planning. The property's address is 1936 N Boulder Hwy, Henderson, NV 89011, and its APN is 178-01-202-013. Situated in Clark County, this land parcel is conveniently located and easily accessible, making it an attractive proposition for both investors and developers seeking a high-growth area. The asking price for this remarkable opportunity is $1,399,999. The diverse zoning allows for a variety of commercial uses, making it ideal for businesses seeking a prominent location with high visibility and potential for significant return on investment. This is a rare chance to acquire a substantial piece of land in a rapidly developing area of Henderson, offering significant potential for future growth and profitability. Don't miss this chance to secure a piece of Henderson's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $718,843

  6.5%

  $663,547

  7%

  $616,151

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,112,083

  Geo Method

  $1,112,083

• Alternative Use

  Use

  Valuation

  Residential

  $724,401

  Hospitality

  $663,547

  Educational

  $552,064

  Medical

  $571,050

  Retail

  $858,766

Location Insight

City

Henderson

County

Clark

State

Nevada

Latitude

36.066

Longitude

-115.011

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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