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Property profile & analytics
OFF-MARKET
Day care centers

1308 Wyoming St Boulder City, NV 89005-2718

3,460 SF 0.08 ac lot Built 1947
Entity Owned 31-yr Hold Free & Clear
Property ID
US62-0365666
Property summary
AI-generated overview

This exceptional mixed-use property, the Oaklane Building, presents a unique investment opportunity in the heart of Boulder City, Nevada. Located at 1308 Wyoming St, this two-story building boasts 3,500 square feet of net rentable space, spread across two units within a single building, situated on a 0.08-acre lot. Currently operating as a daycare/nursery, school, and storefront, the property is zoned C-2, offering versatility for a variety of uses. The building has a single tenant currently under a modified lease expiring May 1, 2028, with a monthly rent increase of $50 per year. The asking price is $1,350,000. The property's prime location within the thriving Downtown Boulder City CBD and Old Town Boulder City ensures high visibility and accessibility. The property's history as the Oaklane Pre-school speaks to its suitability for similar uses, while its flexible zoning allows for diverse possibilities. The APN is 186-09-110-119. This is a for sale by owner opportunity. The property features a strong tenant in place, mitigating risk and providing immediate cash flow. This is an excellent opportunity for investors seeking a stable, income-generating asset in a desirable location.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1947
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,460 SF
Lot 0.08 ac (3,485 SF)
APN 186-09-110-119
UPID US62-0365666
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
  • My 4 Sons Comic Cards (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Wedgehill Family LP · 31 yrs held
Wedgehill Family LP
since 1994
1 recorded transaction
1994
$26,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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