1212 Boulder Hwy Henderson, NV 89011
- Retail space
- 15,300 SF
- 1.33 lot acres
Current Use by Public Records
- Retail space
Property Details for 1212 Boulder Hwy
- Year built
- 1993
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.33 lot acres
- Property size
- 15,300 SF
- Property type
- Retail space
- APN
- 178-12-503-003
- APU
- 17812503003
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $955,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,065,000
- 6.5%
- $1,250,000
- 7%
- $1,040,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,125,000
- Geo Method
- $1,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,330,000
- Retail
- $1,280,000
- Mixed-Use
- $1,145,000
- Hospitality
- $1,060,000
- Educational
- $1,095,000
- Residential Income
- $1,255,000
- Energy
- $1,265,000
- Income-Based Land
- $1,085,000
- Food Service
- $1,280,000
Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Clark
- State
- Nevada
- Longitude
- -114.999
- Latitude
- 36.0556
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
