Insulated Flex Warehouse with
For Sale
$165,000
Pending
4835 E Finance Way, Kingman, AZ 86401
Well-insulated steel flex/warehouse includes office and kitchen areas, three garage doors, and a fully fenced paved yard.
Property Size1,200 SF
Days on Market19
Property Features for 4835 E Finance Way
General Information
Standard status
Pending
Size
1,200 SF
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Additional Details
Office Units
3
Amenities
kitchen room
bathroom
garage bay access
Building Details
Year Built
1992
Construction
steel
Listing Agency:
RE/MAX Prestige Properties
(520) 208-5723
Listed By:
Sultan Abbas · License #SA678202000
Source:
Sellinghavasu
Added: Jul 21
Changed: Aug 8
Last Checked: Aug 8 at 8:16AM
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 RE/MAX Prestige Properties
Investment Insights
Based on property information with market context.
A well-insulated steel flex/warehouse offering 3 offices plus a kitchen room, bathroom, and a large open interior area suited for work, desks, repair, and display. The property includes both inside and outside garage-bay access, with double sliding metal garage doors installed outside and a full-view glass garage door installed inside to support daylighting and interior temperature during work. The permit has been issued, and the framing, plumbing, and some wiring have been completed, with the remaining work needed to finish construction and obtain a Certificate of Occupancy.
Set within the Kingman Airport Industrial Park, the exterior includes a fully fenced area with trees along the property line for added privacy. The site offers approximately 6,000 square feet of concreted space with driveway access on both sides of the building, allowing large vehicles to drive around the building and exit from the opposite side.
Utilities are connected, including an electric meter, water meter, and sewer line tied into the building.
Set within the Kingman Airport Industrial Park, the exterior includes a fully fenced area with trees along the property line for added privacy. The site offers approximately 6,000 square feet of concreted space with driveway access on both sides of the building, allowing large vehicles to drive around the building and exit from the opposite side.
Utilities are connected, including an electric meter, water meter, and sewer line tied into the building.
Key Highlights
- 1992 well‑insulated steel commercial flex/warehouse building in Kingman Airport Industrial Park
- 1200 SF building with 3 offices, kitchen area, bathroom, and a large open work area
- Garage bay access with double sliding metal exterior garage doors plus an interior full‑view glass garage door
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
$11,646
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
7.06%
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%
$232,920
$232.9K
Cap Rate 7%
$166,371
$166.4K
Cap Rate 9%
$129,400
$129.4K
Market Conditions
NOI Build-Up for 1,200 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
$15.6K $12.96/SF
− Vacancy
−$1.9K −$1.54/SF
EGI
$13.7K $11.42/SF
− OpEx
−$2.1K −$1.71/SF
NOI
$11.6K $9.71/SF
Area
Mohave County, AZ
Vacancy
11.90%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
15.00%
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%
$232,920
Cap Rate 7%
$166,371
Cap Rate 9%
$129,400
Alternative Uses
Best Use
Warehouse
$166.4K
$145.6K – $194.1K
NOI $11,646 @ 7.0% cap · market cap 7.06%
Second Best
Industrial
$137.0K
$119.9K – $159.9K
NOI $9,591 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$267.9K
$234.4K – $312.6K
NOI $18,755 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Office units
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86401, AZ
27,684
Population
13,662
Households
2
Avg Household Size
48
Median Age
18%
College-Educated
92%
High-School Grad
1,226.3 sq mi
ZIP Area
23
Density / Sq Mi
$64,087
Median Household Income
$40,678
Median Earnings
$1,045
Median Rent
$247,300
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Flex space - Well-insulated steel flex/warehouse includes office and kitchen areas, three garage doors, and a fully fenced paved yard.
Where is this flex space located?
The property is located at 4835 E Finance Way Kingman, AZ.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 1992 well‑insulated steel commercial flex/warehouse building in Kingman Airport Industrial Park; 1200 SF building with 3 offices, kitchen area, bathroom, and a large open work area; Garage bay access with double sliding metal exterior garage doors plus an interior full‑view glass garage door
