Add Listing
    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

    2940 Country Club Drive Bullhead City, AZ 86442

    View on Map
    For Sale
    $79,000

    Single Family Residence - Bullhead City, AZ

    Type:Single Family Residence
    Lot size:
    0.17 Acres
    Added:
    Jun 30, 2022
    Days on Market:
    1377
    Last Refresh:
    Apr 6 at 2:06 pm

    Property Features for 2940 Country Club Drive

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    R1S Res: Single Family Suburba
    Vegetation
    Cleared
    Exterior features
    Cleared
    Standard status
    Active
    APN
    220-22-151
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2021
    Tax Annual Amount
    241
    Expense value
    372
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Quarterly

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    River Access, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kim Huft
    Kim Huft

    Listing agent Kim Huft License #BR022798000

    Listing office KDH Desert Properties 3912 Frontage Rd., Ste A, Bullhead City, AZ

    Listing date Jun 30, 2022

    MLS# 994131 Listing URL

    Copyright © 2025 Western Arizona Realtors Data Exchange. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Palo Verde Meadows

    This is a 0.17-acre lot located in Palo Verde Meadows, also known as "The Green Belt" due to its large grassy areas and catch-and-release ponds. The property is zoned R1S Res: Single Family Suburba. All members have access to the largest private marina with a boat launch in Bullhead City. Zero lot lines allow for full utilization of the land. The location provides convenient access to fishing in private ponds and the Colorado River, as well as proximity to casinos and off-road desert and water recreational activities. This stylish neighborhood offers a great ambience.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bullhead City
    County
    Mohave
    State
    Arizona
    Longitude
    -114.59526
    Latitude
    35.072081

    Nearby Similar for Sale

    • $599,900

      Bullhead City Industrial Property

      Gated yard with buildings and flexible industrial zoning.
      1405 Silver Creek Road, Bullhead City, AZ 86442
      View Details
    • $389,900
      1,840 SF

      Charming Duplex in Bullhead City

      Well-maintained duplex with income potential in a sought-after neighborhood.
      362 Riverfront Dr, Bullhead City, AZ 86442
      View Details
    • $449,999

      Highway 68 Land Opportunity

      61.67 acres of raw land off Highway 68.
      Highway 68, Bullhead City, AZ 86429
      View Details
    • $184,000

      Commercial Lot Near Highway 95

      0.95-acre commercial lot with excellent visibility and access.
      1730 Agate Circle, Bullhead City, AZ 86442
      View Details
    • $525,000

      Well-Maintained Fourplex Near Colorado River

      Fourplex in Bullhead City near the Colorado River.
      2146 Riviera Boulevard, Bullhead City, AZ 86442
      View Details
    • $195,000

      Commercial Land on Highway 95

      Commercial land in Bullhead City with high visibility and accessibility.
      3048 Highway 95, Bullhead City, AZ 86442
      View Details
    • $89,900

      Riverview Resort Lot with RV

      Lot in 55+ community with RV, near Colorado River.
      2000 Ramar Rd unit: 011, Bullhead City, AZ 86442
      View Details
    • $369,000

      Charming Duplex in Bullhead City

      Well-maintained duplex with income potential in a prime location.
      362 Riverfront Drive, Bullhead City, AZ 86442
      View Details
    • $399,900

      Bullhead City Fourplex Investment

      Well-maintained fourplex in Bullhead City with immediate cash flow.
      793 Baseline Road, Bullhead City, AZ 86442
      View Details
    • $250,000

      Commercial Land on Highway 95

      Vacant commercial land with high visibility on Highway 95.
      3180 Highway 95, Bullhead City, AZ 86442
      View Details
    • $1,675,000

      11.89-Acre R2-District Land

      Multi-family zoned land with development potential.
      1490 Silver Creek, Bullhead City, AZ 86442
      View Details
    • $79,900

      Residential Land in Bullhead City

      Land near Casino Drive, Colorado River, and Lake Mohave.
      2605 Port Isabel Way, Bullhead City, AZ 86429
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large lot with marina access in Bullhead City, Arizona.
    Where is this residential land & home lot located?
    The property is located at 2940 Country Club Drive Bullhead City, AZ.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: Large lot in the desirable 'Green Belt' area.; Access to the largest private marina with boat launch in Bullhead City.; Zero lot lines allowing full use of the land.
    (928) 716-4529
    We can help!
    Listing Contact
    Kim Huft
    Kim Huft
    Real Estate License ID: BR022798000
    Learn More
    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.
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!