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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Retail space
706 Cyn Rd Boulder City, NV 89005-1844
Individually Owned
3-yr Hold
Free & Clear
Property ID
US62-0358377
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
METAL FRAME
Total area
13,160 SF
Lot
1.42 ac (61,855 SF)
APN
186-08-501-004
UPID
US62-0358377
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
-
Home Hardware & Variety Building Supply Hardware & Home Improvement
-
Boulder City American Garage Door Repair Service - New Garage Doors Install - Spring & Opener Replacement Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.88M
Comparable Approach
Comparable
$4.00M
Blend (final)
Blend
$2.88M
Owner & transaction history
Roger Tobler · 3 yrs held
Roger Tobler
since 2022
Last sale
$20,000
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,120,000
6.5%
$2,880,000
7%
$2,675,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,275,000
Current use
OFFICE BUILDING
$3,950,000
Change: -8% · Conversion: Easy
MEDICAL BUILDING
$3,800,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±10% · vs last sale $20k (Aug 2 2022)
Last sale anchor
$20k
Aug 2 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
$218 / 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
$10,657
Tax year 2023
Assessed value
$465,364
Assessed 2024
Previous assessed
$418,303
+11.3% YoY
Effective rate
2.29%
On assessed value
Assessed land
$178,606
Assessed improvement
$286,758
Land market value
$510,303
Improvement market value
$819,309
Total market value
$1,329,612
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1989
Construction
METAL FRAME
Heating
YES
Buildings
2
Stories
1
Total area
13,160 SF
Lot
1.42 ac (61,855 SF)
APN
186-08-501-004
UPID
US62-0358377
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.3M
OFFICE BUILDING
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.8M
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
METAL FRAME
Heating
YES
Stories
1
Buildings
2
Lot
1.42 ac
Current owner
From public records · entity-resolved
Roger Tobler
Individual
Free & Clear · 3 yrs held
Mailing address
706 CYN RD, BOULDER CITY, NV 89005-1844
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
$20,000
Roger Tobler
The George M Paulson JR Revocable T
Bargain And Sale Deed
—
Feb 21, 2018
—
Roger Tobler
Tobler Heber J & Zona Trust
Quit Claim Deed
related
—
Sep 5, 2017
—
Roger Tobler
Tobler Heber J & Zona Trust
Quit Claim Deed
related
—
May 16, 2017
—
Oak Forest Management LLC
Paulson George M JR Trust
Quit Claim Deed
related
—
Nov 15, 2007
—
Sonzini Family Living Trust
Sonzini,ralph A
Quit Claim Deed
related
—
Aug 31, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Ralph Sonzini
—
Deed Of Trust
related
$90,000 · 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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