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Property profile & analytics
OFF-MARKET Estimated value $4,870,000
Motels

110 Vl Dr Boulder City, NV 89005-1401

30,729 SF 5.97 ac lot Built 1985
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US62-1234947
Property summary
AI-generated overview

This exceptional 4,000-square-foot restaurant space in Boulder City, Nevada, presents a unique investment opportunity. Located at 110 Ville Dr, 89005, this single-tenant property boasts stunning views of Lake Mead, a significant advantage for attracting customers. The building's prime location offers excellent visibility and accessibility, situated conveniently next to the Lake Mead Inn and a Chevron gas station. Highway signage further enhances the property's marketing potential, ensuring high visibility for potential patrons. The interior features a spacious seating area, perfect for accommodating a large number of diners, and includes a built-in stage, ideal for live entertainment or special events. The entire 4,000 square feet is currently vacant, providing a blank canvas for a new culinary venture or a complete renovation to suit a specific concept. This property offers a rare combination of prime location, attractive features, and high visibility, making it an exceptional opportunity in the vibrant Las Vegas submarket cluster. The property is situated in the Boulder City submarket, offering a unique blend of local charm and proximity to the larger Las Vegas area. This is a turnkey opportunity for an ambitious restaurateur looking to establish a successful business in a desirable location.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1985
Construction FRAME
Total area 30,729 SF
Lot 5.97 ac (260,053 SF)
APN 186-04-501-003
UPID US62-1234947
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lake Mead Inn Bed & Breakfast Restaurant
  • Lighthouse Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.07M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.87M
Owner & transaction history
Om Sun Property LLC · 8 yrs held
Om Sun Property LLC
since 2018
7 recorded transactions
2022
Price N/A
2018
$3.2M
2011
Price N/A
2005
Price N/A
2005
Price N/A
2005
$4.2M
1996
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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