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Property profile & analytics
OFF-MARKET
Estimated value
$2,240,000
Motels
1305 Arizona St Boulder City, NV 89005-2613
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US62-1240453
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1934
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,229 SF
Lot
0.52 ac (22,651 SF)
APN
186-09-110-126
UPID
US62-1240453
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
-
Foothill Mini Storage office Storage Facility
-
Restaurant 1933 Restaurant
-
Cleveland's The Lounge Bar & Pub Nightclub
-
Dam Short Film Festival Music Venue
-
Boulder City Art Guild & Gallery Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.24M
Owner & transaction history
Boulder City Museum & Historical As · 20 yrs held
Boulder City Museum & Historical As
since 2005
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Boulder City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boulder City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$101 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,822
Tax year 2023
Assessed value
$532,162
Assessed 2024
Previous assessed
$454,522
+17.1% YoY
Effective rate
0.91%
On assessed value
Assessed land
$110,990
Assessed improvement
$421,172
Land market value
$317,114
Improvement market value
$1,203,349
Total market value
$1,520,463
Applied tax rate
58.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1934
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
2
Units
21
Total area
22,229 SF
Lot
0.52 ac (22,651 SF)
APN
186-09-110-126
UPID
US62-1240453
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1934
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
2
Units
21
Lot
0.52 ac
Current owner
From public records · entity-resolved
Boulder City Museum & Historical As
Entity
Mailing address
1305 ARIZONA ST, BOULDER CITY, NV 89005-2613
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2023
—
Boulder City Museum And Historical
—
Deed
related
$104,250 · Boulder Dam Cu
Sep 9, 2005
$772,452
Boulder City Museum & Historical As
Boulder Dam Hotel Assn
Bargain And Sale Deed
$772,452 · Boulder Dam Cu
Dec 16, 1993
$560,000
Boulder Dam Hotel Assn INC
Adams,francis W
Quit Claim Deed
related
$480,112 · Seller
Aug 5, 1993
$339,332
Francis W Adams
Simmons,ray W &
Trustees Deed
—
—
—
Boulder Dam Hotel Assoc INC
—
Deed Of Trust
related
$75,000 · Silver State Bank
—
—
Dam Cu Boulder
—
Deed Of Trust
related
$60,000 · Boulder Dam Cu
—
—
Boulder City Museum
—
Deed Of Trust
related
$40,000 · Boulder Dam Cu
—
—
Boulder City Museum & Historic
—
Deed Of Trust
related
$382,607 · Boulder Dam Cu
—
—
Boulder Dam Hotel
—
Deed Of Trust
related
$850,000 · Boulder Dam Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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