Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    707 Cyn Rd Ste, Unit 103 Boulder City, NV 89005-1877
    Back to Search
    Property profile & analytics

    707 Cyn Rd Ste, Unit 103, Boulder City, NV 89005-1877

    View on Map
    • Office buildings
    • 1,920 SF
    Off-Market
    Last Sale May 30, 2024
    $400,000
    Property ID
    US62-0321149
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 707 Cyn Rd Ste

    Year built
    1985
    Construction
    STEEL FRAME
    Property type
    Office buildings
    APN
    186-08-510-011
    APU
    18608510011

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 30, 2024 $400,000 Ssk & Lewis Holdings LLC William R Flannery Bargain And Sale Deed $340k · Fifth Third Bank NA
    May 21, 2024 — William R Flannery William R Flannery Intrafamily Transfer · related —
    Feb 18, 2021 — William R Flannery Bobby J Flannery Re-recorded Document · related —
    Feb 8, 2021 $150,000 William R Flannery Bobby J Flannery Bargain And Sale Deed $113k · Boulder Dam Cu
    Oct 14, 2016 — Flannerty Family Trust Flannery,bobby J & Edlene F Quit Claim Deed · related —
    Dec 3, 2013 $163,000 Bobby J Flannery Charles M Legler Bargain And Sale Deed $122k · Boulder Dam Cu
    Jun 24, 1999 $112,500 Charles M Legler Boulder City Interiors INC Grant Deed $90k · Boulder Dam Cu
    Dec 6, 1989 $86,000 Boulder City Interiors INC Unknown Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Boulder City
    County
    Clark
    State
    Nevada
    Longitude
    -114.848
    Latitude
    35.9772
    CBSA code
    29820
    CBSA name
    LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $950
    $11,731
    $29,079
    $40,810
    -
    $33,517
    $83,083
    $116,600

    Comparable in this City

    • Value Estimation by Request
      0.45 Acres

      Boulder City, NV 89005

      PROFESSIONAL BUILDING
      Boulder City, NV 89005
      View Details
    • Value Estimation
      $7,275,000
      30,000 SF

      1201 Airport Rd

      OFFICE BUILDING
      1201 Airport Rd, Boulder City, NV 89005-3673
      View Details
    • Value Estimation by Request
      2,546 SF

      1028 Wyoming St

      OFFICE BUILDING
      1028 Wyoming St, Boulder City, NV 89005-2710
      View Details
    • Value Estimation by Request
      880 SF

      1005 Industrial Rd

      OFFICE BUILDING
      1005 Industrial Rd, Boulder City, NV 89005-1713
      View Details
    • Value Estimation
      $700,000
      4,283 SF

      1100 Arizona St

      OFFICE BUILDING
      1100 Arizona St, Boulder City, NV 89005-2610
      View Details
    • Value Estimation by Request
      1,440 SF

      1577 Foothill Dr

      OFFICE BUILDING
      1577 Foothill Dr, Boulder City, NV 89005-1833
      View Details

    Similar Nearby for Sale

    • $1,340,000

      Boulder City Office/Medical Building

      Two-story office building in Boulder City's central commercial district.
      Boulder, Boulder City, NV 89005
      View Details
    • Contact for pricing

      Prime Land Near US 93

      10.06 acres near US 93 in Boulder City, Nevada.
      705 Canyon Rd, Boulder City, NV 89005
      View Details
    • $245,000
      0.28 Acres

      Ready-to-Build Lot Near Lake Mead

      Elevated, graded lot in Lake Mead View Estates.
      389 Turquoise Ct, Boulder City, NV 89005
      View Details
    • $159,900
      0.05 Acres

      Land in Resort Community

      Land with mature landscaping and resort amenities in Boulder City.
      809 Pelican Way, Boulder City, NV 89005
      View Details
    • $235,000
      0.62 Acres

      Boulder City Homesite with Views

      0.62-acre lot with mountain views in Boulder City, Nevada.
      1413 Pueblo Dr, Boulder City, NV 89005
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Studio Office Space For Rent

      575 SF studio office with high visibility.
      1321 Boulder City Pkwy, Boulder City, NV 89005
      View Details
    • Contact for pricing

      Established Shopping Center For Lease

      Shopping center with highway frontage, ideal for retail or medical.
      802 Buchanan Blvd, Boulder City, NV 89005
      View Details
    • $1.25 SF/Yr
      5,800 SF

      Retail Spaces at Signalized Corner

      Leasing opportunities in a well-maintained retail center with ample parking, high visibility, and flexible storefront layouts.
      802 Buchanan Blvd, Boulder City, NV 89005
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    707 Cyn Rd Ste, Unit 103
    Boulder City, NV 89005-1877
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    707 Cyn Rd Ste, Boulder City, NV, 89005
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!