1212 Boulder HwyHenderson, NV 89011

  • Retail properties
  • 15,300 SF
For Sale

Property Details for 1212 Boulder Hwy

Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.33 AC
Property size (Sq ft)
15,300 SF
Property type
Retail properties
Property subtype
Retail space
APN
178-12-503-003
APU
17812503003

Description

This ±19,550 square foot, two-story building in Henderson, Nevada, presents a unique owner-user opportunity. Located at 1212 N Boulder Hwy, 89011, this property boasts a 9-lane total containment trap (TCT) style shooting range with steel plate backing, a retail area, gunsmith workshop, offices, storage, multiple restrooms, an elevator, and high dock loading. The 1.33-acre lot features 66 parking spaces and two points of ingress/egress. Built in 1993 and renovated in 2022, the building includes a training area and classroom space. Security features are extensive, including block walls with reinforced concrete cores, motorized metal roll-up coverings and/or metal security gates on all exterior doors and windows, a complete alarm and video surveillance system, and a 1,000-amp power supply with a backup generator. The property is zoned MC Corridor/Community Mixed-Use (Henderson) and benefits from high traffic volume (approximately 23,000 cars daily) on Boulder Highway. Nearby amenities include recreational retailers, auto dealerships, casinos, Cowabunga Bay Water Park, and the new Cadence Master-Planned Community. A ±8,500 square foot street-front pad with a dedicated pylon sign on Boulder Highway offers additional income potential. The second floor has the capability to add a second rifle range, potentially doubling the number of shooting stalls. This property offers multiple income streams from the existing gun range, classrooms, and retail area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,026,266
    6.5%
    $5,562,708
    7%
    $5,165,371
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,724,694
    Geo Method
    $7,724,694
  • Alternative Use

    Use
    Valuation
    Residential
    $4,692,352
    Hospitality
    $4,298,169
    Educational
    $3,576,026
    Medical
    $3,699,011
    Retail
    $5,562,708
1212 Boulder Hwy, Henderson, Nevada

Location Insight

City
Henderson
County
Clark
State
Nevada
Latitude
36.0556
Longitude
-114.999
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
$20,526
$243,327
$607,733
$851,060
-
$695,220
$1,736,380
$2,431,600

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