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

    5 Lots On Tropicana Ave Mohave Valley, AZ 86440

    Sponsored
    For Sale
    $39,000

    LAND - Mohave Valley, AZ

    Type:Single Family Residence
    Lot size:
    0.19 Acres
    Days on Market:
    79
    Last Refresh:
    Feb 4 at 4:06 am

    Property Features for 5 Lots On Tropicana Ave

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    224-15-089
    Lot size
    0.19 Acres

    Utilities

    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Justin Kolberg

    Real Broker AZ, LLC (855) 450-0442

    Listing agent Justin Kolberg (713) 859-5450 License #SA718018000

    Listing date Nov 18, 2025

    MLS# 034141 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.

    Learn more

    Property Insight Report

    Overview

    Mohave Valley Vacant Land Parcels

    Five vacant parcels are available in Mohave Valley, Arizona, presenting opportunities for those seeking space and privacy. These level, open desert lots offer a foundation for future development, off-grid living, or long-term investment. The location is suitable for those who value separation from busy neighborhoods. The parcels can be purchased individually or together, accommodating various uses or larger projects. The lot size is approximately 0.1938 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Mohave Valley
    County
    Mohave
    State
    Arizona
    Longitude
    -114.549702
    Latitude
    34.870032

    Nearby Similar for Sale

    • $55,000
      0.23 Acres

      Mohave Valley Land For Sale

      Vacant land available in Mohave Valley, Arizona.
      1432 E Hamilton Way, Mohave Valley, AZ 86440
      View Details
    • $59,900
      0.14 Acres

      Mohave Valley Mixed-Use Property

      Residential/commercial property with endless possibilities in an established neighborhood.
      1916 E Oatman Pl, Mohave Valley, AZ 86440
      View Details
    • $359,000
      1,593 SF

      New Mohave Valley Home

      New single-family home with upgrades in Mohave Valley, Arizona.
      51 N Spanish Bay Dr, Mohave Valley, AZ 86440
      View Details
    • $299,000
      1,835 SF

      Turn-Key River Retreat in Willow Valley

      Fully furnished river retreat with detached apartment and ample parking.
      8005 S Evergreen Dr, Mohave Valley, AZ 86440
      View Details
    • $79,900
      0.20 Acres

      Mohave Valley Land For Sale

      Land available in Mohave Valley, Arizona.
      10638 S River Terrace Dr, Mohave Valley, AZ 86440
      View Details
    • $79,000
      0.18 Acres

      Mohave Valley Land For Sale

      Land available in Mohave Valley, Arizona.
      10696 S River Terrace Dr, Mohave Valley, AZ 86440
      View Details
    • $360,570
      3,030 SF

      Colorado Place Office Condos

      Mohave Valley Office Space: 3 Units Available
      0 Highway 95, Mohave Valley, AZ 86440
      View Details
    • $599,000
      7,264 SF

      Executive Office Building, Mohave Valley

      Prime 7,264 SF Office Space, $599,000
      1620 Plantation Dr, Mohave Valley, AZ 86440
      View Details

    FAQs

    What type of property is this?
    Land - Five vacant parcels in Mohave Valley, Arizona, for sale.
    Where is this land located?
    The property is located at 5 Lots On Tropicana Ave Mohave Valley, AZ.
    What is the asking price?
    The asking price for this property is $39,000.
    What are key features of this property?
    This property features: - Five vacant parcels offer space, privacy, and building freedom.; - Level, open desert lots provide a blank slate for development.; - Ideal for off-grid living or long-term investment.
    (928) 577-1944
    Request Owner's contact information
    5 Lots On Tropicana Ave Mohave Valley, AZ 86440
    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.
    5 Lots On Tropicana Ave
    Mohave Valley, AZ 86440
    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
    5 Lots On Tropicana Ave Mohave Valley, AZ 86440
    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
    Justin Kolberg
    Real Estate License ID: SA718018000
    (928) 577-1944
    Learn more
    Google sign-in failed. Please try again or use another login method.