Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    21F-2 W --, Unit 21F-2 Kingman, AZ 86401

    Sponsored
    For Sale
    $133,000

    LAND - Kingman, AZ

    Lot size:
    37.89 Acres
    Days on Market:
    249
    Last Refresh:
    Jan 22 at 6:06 pm

    Property Features for 21F-2 W --

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    AR36
    APN
    254-40-010
    Lot size
    37.89 Acres

    We can help!

    Listing Contact
    Mitchel S Medigovich

    Ananda Realty LLC (602) 510-4568 [email protected]

    Listing agent Mitchel S Medigovich (602) 510-4568

    Listing date May 19, 2025

    MLS# 6868308 Listing URL

    Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Kingman Land with Commercial Potential

    This 37.892-acre parcel in Kingman, Arizona, is zoned agricultural-residential (AR36) and presents commercial potential. The land borders state land on two sides and is over 2200 feet deep. Access is available via Silverado Parkway (approximately 100 feet wide) and Cofer Ranch Road. The parcel is generally level, featuring seasonally active washes entering on the northwest corner. A utility easement with power lines runs along the southern border, approximately 1 mile away. A survey was recently recorded in 2025-024355. The property offers views, a few trees, and a ridgeline suitable for an elevated building area. It includes parcel 21F-2.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Kingman
    County
    Mohave
    State
    Arizona
    Longitude
    -113.658395
    Latitude
    35.09432

    Nearby Similar for Sale

    • New
      $179,000
      40.00 Acres

      Kingman Land with Equestrian Features

      40-acre Kingman land parcel with well, equestrian area, views.
      N Knight Crk Rd --, Kingman, AZ 86401
      View Details
    • New
      $129,900
      36.49 Acres

      Kingman, AZ Equestrian Homesite Land

      36.49 acre equestrian homesite with elevated building area.
      12xxx E Knight Creek Rd, Kingman, AZ 86401
      View Details
    • $65,000
      0.80 Acres

      Land Near Kingman Regional Hospital

      Land with mountain views, near hospital, restaurants, and shopping.
      721 Sunrise Ave, Kingman, AZ 86409
      View Details
    • New
      $179,900
      39.31 Acres

      Kingman, AZ Land For Sale

      39+ acre equestrian homesite with well, partially fenced and gated.
      S Silverado Pkwy, Kingman, AZ 86401
      View Details
    • $49,000
      0.69 Acres

      Kingman, AZ Land For Sale

      Vacant land available in Kingman, Arizona.
      4Th Ave, Kingman, AZ 86401
      View Details
    • $2,150,000
      29,824 SF

      Kingman Industrial Building with Docks

      Industrial building with nine docks, long-term tenant, investment opportunity.
      7045 N Shipping Ln, Kingman, AZ 86401
      View Details
    • $3,950,000

      Kingman RV Ranch and More

      RV park with expansion opportunity near Interstate 40.
      9315 E Blake Ranch Rd, Kingman, AZ 86401
      View Details
    • $229,900
      1,848 SF

      Spacious Home with Detached Workshop

      Well-maintained home on oversized lot with versatile shop space.
      2450 E John L Ave, Kingman, AZ 86409
      View Details
    • $190,000
      3,126 SF

      Established Daycare Business For Sale

      Fully operational daycare with excellent reputation in a desirable location.
      1911 Kino Ave, Kingman, AZ 86409
      View Details
    • $175,000
      5,000 SF

      Historic Building in Revitalized Downtown

      Historic building ready for renovation in revitalized downtown Kingman.
      232 East Beale St, Kingman, AZ 86401
      View Details
    • Contact for pricing
      Pending

      Kingman, AZ Corner Lot

      Corner lot near downtown, restaurants, shopping, and medical facilities.
      6- Hoover Ave, Kingman, AZ 86401
      View Details
    • Contact for pricing

      Retail Center on Kingman Corridor

      Safeway-anchored retail center on main retail corridor.
      3880 Stockton Hill Rd, Kingman, AZ 86409
      View Details

    FAQs

    What type of property is this?
    Land - 37.89 acres, backs to state land, commercial potential.
    Where is this land located?
    The property is located at 21F-2 W --, Unit 21F-2 Kingman, AZ.
    What is the asking price?
    The asking price for this property is $133,000.
    What are key features of this property?
    This property features: - Backs to state land on two sides, offering exceptional privacy.; - 37.892 acre parcel with commercial potential.; - Seller may carry with good down payment.
    (602) 510-4568
    Request Owner's contact information
    21F-2 W --, Unit 21F-2 Kingman, AZ 86401
    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.
    21F-2 W --, Unit 21F-2
    Kingman, AZ 86401
    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
    21F-2 W --, Unit 21F-2 Kingman, AZ 86401
    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

    We can help!
    Listing Contact
    Mitchel S Medigovich
    Real Estate License ID: BR111447000
    (602) 510-4568
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.