Corner Mixed-Use
For Sale
$495,000
1701 Needles Highway, Needles, CA 92363
C-2-zoned commercial building with flexible office areas, a paved parking lot, and regional highway access.
Property Size3,520 SF
Lot Size0.72 Acres
Price / SF$140.63
Days on Market826
Property Features for 1701 Needles Highway
General Information
Standard status
Active
Size
3,520 SF
Lot size
0.72 Acres
Property subtype
Commercial Sale / Mixed Use
Zoning
C-2
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
commercial
Amenities
energy-efficient LED lighting
Building Details
Year Built
1992
Buildings
1
Building Size
3,520 SF
Listing Agency:
Realty ONE Group Empire
Listed By:
Debra Tilbury · License #02097428
(760) 407-6444
Source:
Compass
Added: Jul 19, 2024
Changed: Oct 19
Last Checked: Oct 20 at 11:19PM
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 Realty ONE Group Empire
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Investment Insights
Based on property information with market context.
Located at 1701 Needles Highway, this mixed-use commercial property includes a 3,520-square-foot building constructed in 1992 on 0.72 acres. The interior provides adaptable office areas with LED lighting and insulation, while the site offers a fully paved lot with more than 45 parking spaces. C-2 zoning supports general commercial use.
The property occupies a corner position with access to I-40 in both directions and historical U.S. Route 66. Its setting also provides connectivity toward Mohave Valley, Fort Mohave, and Bullhead City, with the Colorado River less than one-half mile away.
The property occupies a corner position with access to I-40 in both directions and historical U.S. Route 66. Its setting also provides connectivity toward Mohave Valley, Fort Mohave, and Bullhead City, with the Colorado River less than one-half mile away.
Key Highlights
- 3,520‑square‑foot building on 0.72 acres
- C‑2 zoning for general commercial use
- Constructed in 1992
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,432
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,640
$828.6K
Cap Rate 7%
$591,886
$591.9K
Cap Rate 9%
$460,356
$460.4K
Market Conditions
NOI Build-Up for 3,520 SF
Gross rent
$60.0K $17.04/SF
− Vacancy
−$4.7K −$1.35/SF
EGI
$55.2K $15.69/SF
− OpEx
−$13.8K −$3.92/SF
NOI
$41.4K $11.77/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,640
Cap Rate 7%
$591,886
Cap Rate 9%
$460,356
Alternative Uses
Best Use
Office B
$591.9K
$517.9K – $690.5K
NOI $41,432 @ 7.0% cap · market cap 8.37%
Second Best
Mixed Use
$407.7K
$356.7K – $475.6K
NOI $28,538 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$742.5K
$649.7K – $866.2K
NOI $51,974 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
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Business Placement
Demographics for 92363, CA
5,634
Population
3,867
Households
1.5
Avg Household Size
45
Median Age
9%
College-Educated
79%
High-School Grad
372.0 sq mi
ZIP Area
15
Density / Sq Mi
$40,226
Median Household Income
$38,218
Median Earnings
$738
Median Rent
$138,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - C-2-zoned commercial building with flexible office areas, a paved parking lot, and regional highway access.
Where is this mixed-use property located?
The property is located at 1701 Needles Highway Needles, CA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 3,520‑square‑foot building on 0.72 acres; C‑2 zoning for general commercial use; Constructed in 1992
