RV Site with
For Sale
$64,000
3400 S AVE 7 E lot #202, Yuma, AZ 85365
LAND, Yuma, AZ
Property Size2,428 SF
Price / SF$26.36
Days on Market633
Property Features for 3400 S AVE 7 E lot #202
General Information
Property type
Land
Property subtype
Other
Zoning
RVS
Subdivision
Palms RV Resort
Lot features
Mesa
Standard status
Active
Size
2,428 SF
Taxes and HOA fees
Tax Description
Palms RV Resort, Lot 202 Section 09 Township 09S Range 22W
Tax Annual Amount
211
Legal Description
Palms RV Resort, Lot 202 Section 09 Township 09S Range 22W
Amenities
pickleball/tennis courts
club house
cafe and bar
gazebo
Listing Agency:
JRW Realty LLC
Listed By:
Jamie Weatherwax · License #BR565306000
(928) 210-8804
Added: Dec 9, 2024
Changed: Sep 3
Last Checked: Sep 3 at 5:06PM
MLS# 20245195
Copyright © 2026 Yuma Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,428-square-foot RV site is configured for easy back-in parking and includes full RV hookups. The west-facing lot adjoins a common area and features a recently installed 10 x 12 gazebo. Zoning is RVS.
The property is within a gated 55+ community with pickleball and tennis courts, a clubhouse, café, bar, seasonal planned events, and concerts. The setting combines a dedicated RV site with access to shared recreational and social amenities.
The property is within a gated 55+ community with pickleball and tennis courts, a clubhouse, café, bar, seasonal planned events, and concerts. The setting combines a dedicated RV site with access to shared recreational and social amenities.
Key Highlights
- 2,428‑square‑foot RV site
- Recently installed 10 x 12 gazebo
- Full RV hookups with easy back‑in parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$4,798
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$95,960
$96.0K
Cap Rate 7%
$68,543
$68.5K
Cap Rate 9%
$53,311
$53.3K
Market Conditions
NOI Build-Up for 2,428 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.5K $10.92/SF
− Vacancy
−$17.8K −$7.33/SF
EGI
$8.7K $3.59/SF
− OpEx
−$3.9K −$1.62/SF
NOI
$4.8K $1.98/SF
Area
Yuma County, AZ
Vacancy
67.10%
Lease Rate
$10.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$95,960
Cap Rate 7%
$68,543
Cap Rate 9%
$53,311
Alternative Uses
Best Use
Apartment 5plus
$68.5K
$60.0K – $80.0K
NOI $4,798 @ 7.0% cap · market cap 7.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.25M
$1.09M – $1.45M
NOI $87,296 @ 7.0% cap · market cap 136.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Explore this area
Business Placement
Demographics for 85365, AZ
50,166
Population
26,353
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
87%
High-School Grad
1,349.0 sq mi
ZIP Area
37
Density / Sq Mi
$68,358
Median Household Income
$40,107
Median Earnings
$1,259
Median Rent
$189,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - West-facing RV site with full hookups, back-in parking, and access to amenities in a gated 55+ community.
Where is this mobile home & rv park located?
The property is located at 3400 S AVE 7 E lot #202 Yuma, AZ.
What is the asking price?
The asking price for this property is $64,000.
What are key features of this property?
This property features: 2,428‑square‑foot RV site; Recently installed 10 x 12 gazebo; Full RV hookups with easy back‑in parking
