1400 Wyoming St Boulder City, NV 89005-2791
This exceptional investment opportunity presents a fully leased, mixed-use building in historic Boulder City, Nevada. The property, located at 1400 Wyoming St, boasts 5,342 square feet of net rentable space across a two-story building constructed in 2001. Currently operating at 100% occupancy, the property generates a strong net operating income (NOI) of $66,405, yielding an attractive 5.11% capitalization rate. The building sits on a 0.07-acre lot and is zoned C2, allowing for flexibility in future uses. Currently configured as one residential space and five commercial spaces, there's potential to create one or two additional units. The property's prime location in a high-traffic area ensures consistent tenant demand and opportunities for future rent increases. This well-maintained building offers a blend of historic charm and modern functionality, making it an ideal investment for discerning buyers seeking a stable, high-yielding asset in a thriving Nevada community. The asking price is $1,300,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.