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Built-Out Office Condo
For Sale
$178,500

106-2585 Miracle Mile, Bullhead City, AZ 86442

Configured with reception, private offices, a breakroom, and a private restroom for an owner-user or tenant.

Property Size100,000 SF
Price / SF$176.56
Days on Market405

Property Features for 106-2585 Miracle Mile

General Information

Standard status Active
Size 100,000 SF

Taxes and HOA fees

Annual Taxes $933

Building Details

Building Size 100,000 SF
Listing Agency: Kidder Mathews
Listed By: Bret Isbell · License #BR549336000
Source: Exprealty
Added: Aug 28, 2025 Changed: Sep 8 Last Checked: Oct 5 at 8:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews

Investment Insights

Based on property information with market context.

This 1,011-square-foot office condo is fully built out with a reception area, three private offices, a breakroom, and a private restroom. The existing configuration supports immediate office occupancy without introducing additional layout assumptions. The property is available for sale or lease.

The suite is located within Colorado Place, a professionally managed mixed-use property containing 100,000 square feet. The complex sits in the Central Business District of Bullhead City at 106-2585 Miracle Mile, providing an established office setting within the community’s central business area.

Key Highlights

  • 1,011 SF fully built‑out office condo
  • Reception area, 3 private offices, breakroom, and private restroom
  • Available for sale or lease

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,215
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,300 $224.3K
Cap Rate 7%
$160,214 $160.2K
Cap Rate 9%
$124,611 $124.6K
Market Conditions
NOI Build-Up for 1,011 SF
Gross rent
$17.6K $17.40/SF
− Vacancy
−$2.6K −$2.61/SF
EGI
$15.0K $14.79/SF
− OpEx
−$3.7K −$3.70/SF
NOI
$11.2K $11.09/SF
Area
Mohave County, AZ
Vacancy
15.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,300
Cap Rate 7%
$160,214
Cap Rate 9%
$124,611

Alternative Uses

Best Use
Office B
$160.2K
$140.2K – $186.9K (±1% cap)
NOI $11,215 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$225.7K
$197.5K – $263.4K (±1% cap)
NOI $15,801 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Kitchen & Bath Showroom Garden Center Parking Lot & Garage Plumbing Service HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby

Demographics for 86442, AZ

34,171
Population
19,581
Households
1.7
Avg Household Size
53
Median Age
14%
College-Educated
85%
High-School Grad
28.2 sq mi
ZIP Area
1,212
Density / Sq Mi
$45,486
Median Household Income
$28,702
Median Earnings
$1,000
Median Rent
$174,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Configured with reception, private offices, a breakroom, and a private restroom for an owner-user or tenant.
Where is this office units located?
The property is located at 106-2585 Miracle Mile Bullhead City, AZ.
What is the asking price?
The asking price for this property is $178,500.
What are key features of this property?
This property features: 1,011 SF fully built‑out office condo; Reception area, 3 private offices, breakroom, and private restroom; Available for sale or lease
More about this property
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