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Property profile & analytics
OFF-MARKET Estimated value $1,050,000
Retail space

1212 Boulder Hwy Henderson, NV 89011-5323

15,300 SF 1.33 ac lot Built 1993
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US62-1214437
Property summary
AI-generated overview

This ±19,550 square foot, two-story building in Henderson, Nevada, presents a unique owner-user opportunity. Located at 1212 N Boulder Hwy, 89011, this property boasts a 9-lane total containment trap (TCT) style shooting range with steel plate backing, a retail area, gunsmith workshop, offices, storage, multiple restrooms, an elevator, and high dock loading. The 1.33-acre lot features 66 parking spaces and two points of ingress/egress. Built in 1993 and renovated in 2022, the building includes a training area and classroom space. Security features are extensive, including block walls with reinforced concrete cores, motorized metal roll-up coverings and/or metal security gates on all exterior doors and windows, a complete alarm and video surveillance system, and a 1,000-amp power supply with a backup generator. The property is zoned MC Corridor/Community Mixed-Use (Henderson) and benefits from high traffic volume (approximately 23,000 cars daily) on Boulder Highway. Nearby amenities include recreational retailers, auto dealerships, casinos, Cowabunga Bay Water Park, and the new Cadence Master-Planned Community. A ±8,500 square foot street-front pad with a dedicated pylon sign on Boulder Highway offers additional income potential. The second floor has the capability to add a second rifle range, potentially doubling the number of shooting stalls. This property offers multiple income streams from the existing gun range, classrooms, and retail area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1993
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,300 SF
Lot 1.33 ac (57,935 SF)
APN 178-12-503-003
UPID US62-1214437
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.05M
Owner & transaction history
Steven Hilyard · 4 yrs held
Steven Hilyard
since 2022
Last sale
$1.1M
6 recorded transactions
2022
$1.1M
2008
$3.8M
2003
Price N/A
2003
$1.4M
2003
$1.1M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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