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    3990 Scenic Blvd Littlefield, AZ 86432

    View on Map
    Sponsored
    For Sale
    $649,900

    Vacant Land - Littlefield, AZ

    Property size:
    4,587 SF
    Lot size:
    1.06 Acres
    Days on Market:
    48
    Last Refresh:
    Mar 24 at 10:06 am

    Property Features for 3990 Scenic Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agricultural/Residential
    APN
    402-22-071
    Exterior features
    Corner Lot, Fenced- Partial, Work Shop
    Fencing
    Fenced
    Size
    4,587 SF
    Lot size
    1.06 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Trent Graves
    Trent Graves

    Premier Properties of NW-AZ

    Listing agent Trent Graves License #BR666202000

    Listing date Feb 4, 2026

    MLS# 1203854 Listing URL

    Copyright © 2026 Northwest Arizona MLS. 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

    Property Insight Report

    Overview

    Littlefield Vacant Land with Workshop

    Located on the corner of Scenic Blvd and Elbow Canyon in Littlefield, AZ, this property features a 4587 sq. ft. steel building constructed in 2021. The building has 18' ceiling heights and is divided into three distinct areas. The first area is an 1800 sq. ft. well-equipped, climate-controlled workshop with two man doors and a 10' X 10' insulated automatic overhead door. It includes OSB board lining for insulation and protection, a half bathroom, washer and dryer hookups, high-output LED lighting, and sealed concrete floors. A 5-ton HVAC and a Rapidair line system are installed throughout. The second area is a 2,700 sq. ft. shop with three 14' x 14' insulated automatic overhead Martin doors with 20' wide bays, accommodating large RVs. It also features 8' x 14' pallet rack shelving and a new 7.5 Horse Power Jet air compressor. An integrated covered RV space includes 50 amp service, sewer clean-out, water bib, and LED lighting. Additional features include a Ubiquity security system, a rolling gate with half of the 1.06-acre parcel fully fenced, a new 550 ft. well, and a septic system. The property is zoned Agricultural/Residential and presents a business opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Littlefield
    County
    Mohave
    State
    Arizona
    Longitude
    -113.99550598
    Latitude
    36.77287869

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    FAQs

    What type of property is this?
    Flex space - Vacant land with a 4587 sq. ft. steel building.
    Where is this flex space located?
    The property is located at 3990 Scenic Blvd Littlefield, AZ.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - 4587 sq. ft. steel building built in 2021 with 18' ceiling heights, suitable for a workshop, business, or RV storage.; - Prime corner lot location on Scenic Blvd and Elbow Canyon.; - Two distinct shop areas: **1800 sq. ft. climate-controlled workshop** and a **2700 sq. ft. RV shop with three 14' x 14' insulated automatic overhead doors.**
    (702) 345-3000
    Request Owner's contact information
    3990 Scenic Blvd Littlefield, AZ 86432
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    Littlefield, AZ 86432
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    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
    3990 Scenic Blvd Littlefield, AZ 86432
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    We can help!
    Listing Contact
    Trent Graves
    Trent Graves
    Real Estate License ID: BR666202000
    Learn More
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