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Property profile & analytics
FOR SALE
Office buildings
1404 Colorado St Boulder City, NV 89005
Entity Owned
Free & Clear
Property ID
US62-0054467
For Sale
1 / 12
$1,340,000
1404 Colorado St, Boulder City, NV 89005
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,367 SF
Lot
1.6 ac (69,696 SF)
APN
186-04-401-016
UPID
US62-0054467
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
-
Giroux & Cummins Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$1.50M
Owner & transaction history
Town & Country Bank
Town & Country Bank
since 2025
Last sale
$1.4M
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
Method
Estimation
Statistic approach
$1,575,000
ML approach
$1,585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.41M (Jul 15 2022)
Last sale anchor
$1.41M
Jul 15 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$59 / 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
$12,162
Tax year 2023
Assessed value
$526,429
Assessed 2024
Previous assessed
$474,039
+11.1% YoY
Effective rate
2.31%
On assessed value
Assessed land
$231,739
Assessed improvement
$294,690
Land market value
$662,111
Improvement market value
$841,971
Total market value
$1,504,082
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Units
1
Total area
25,367 SF
Lot
1.6 ac (69,696 SF)
APN
186-04-401-016
UPID
US62-0054467
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Stories
2
Units
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
Town & Country Bank
Entity
Free & Clear · 0 yrs held
Mailing address
112 N HIGHLAND AVE, LOS ANGELES, CA 90036-3031
Ownership since
2025
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
Sep 10, 2025
$1,246,403
Town & Country Bank
Tomo Non Financial Partners
Trust Deed
related
—
Jul 15, 2022
$1,410,000
Tomo Nori Financial Partners
Boulder Dam Credit Union
Bargain And Sale Deed
$1,418,000 · Town & Country Bank
Oct 5, 2018
$2,000,000
Boulder Dam Cu
Nevada Trust Deed Svcs|giroux,michael J & Teresa D
Trustees Deed
related
—
Apr 13, 2010
$2,125,000
Michael Giroux
Giroux,michael & Teresa
Grant Deed
related
$200,000 · Terah LP
Sep 18, 2006
$1,700,000
Michael Giroux
Canino,lawrence S
Grant Deed
$1,300,000 · Lawrence S Canino
Jan 2, 1996
$401,500
Lawrence S Canino
Stallings Rentals
Grant Deed
$240,000 · Boulder Dam Cu
—
—
Michael Giroux
—
Deed Of Trust
related
$200,000 · Nevada Commerce Bank
—
—
Michael Giroux
—
Deed Of Trust
related
$400,000 · Bank Of Nevada
—
—
Michael Giroux
—
Deed Of Trust
related
$500,000 · 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.
Try Rey
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