Mesa Industrial Building with
For Sale
$950,000
1380 E Corona Rd, Fort Mohave, AZ 86426
10,000 SF light industrial building with office space for sale.
Property Size10,000 SF
Price / SF$95
Days on Market253
Property Features for 1380 E Corona Rd
General Information
Standard status
Active
Size
10,000 SF
Building Details
Year Built
1992
Listing Agency:
Next Wave Real Estate Investments Llc
Listed By:
Candice Donofrio · License #BR528507000
(928) 201-4242
Source:
Havasurealty
Added: Jan 26
Changed: Sep 16
Last Checked: Oct 5 at 7:44PM
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 Next Wave Real Estate Investments Llc
Investment Insights
Based on property information with market context.
Located on the Mesa, this 10,000 square foot light industrial building has been finished and insulated throughout. The property includes a 2,000 square foot office area featuring a reception area, an executive office, a drafting room, and two private restrooms. The warehouse area includes upstairs loft storage and two public restrooms. The building is equipped with eight 14-foot roll-up doors and two 600-amp single-phase panels. The property is situated on a block-walled corner lot with iron rolling gates on two streets. It operates with a well and septic system. The property is zoned CMO. Eighteen HVAC/evaporative units have been refurbished or replaced between November 2024 and are under warranty. The septic system was updated in November 2024.
Key Highlights
- 10,000 SF light industrial building on the Mesa with desirable CMO zoning.
- Refurbished/replaced HVAC/evap units (18 total) under warranty (updated 2011‑2024).
- Updated septic system (11‑24).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,924
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,598,480
$1.6M
Cap Rate 7%
$1,141,771
$1.1M
Cap Rate 9%
$888,044
$888.0K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$129.6K $12.96/SF
− Vacancy
−$15.4K −$1.54/SF
EGI
$114.2K $11.42/SF
− OpEx
−$34.3K −$3.43/SF
NOI
$79.9K $7.99/SF
Area
Mohave County, AZ
Vacancy
11.90%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,598,480
Cap Rate 7%
$1,141,771
Cap Rate 9%
$888,044
Alternative Uses
Best Use
Office B
$1.58M
$1.39M – $1.85M
NOI $110,925 @ 7.0% cap · market cap 11.68%
Second Best
Warehouse
$1.39M
$1.21M – $1.62M
NOI $97,051 @ 7.0% cap · market cap 10.22%
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $156,288 @ 7.0% cap · market cap 16.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 86426, AZ
15,953
Population
7,709
Households
2.1
Avg Household Size
54
Median Age
10%
College-Educated
87%
High-School Grad
34.9 sq mi
ZIP Area
457
Density / Sq Mi
$65,186
Median Household Income
$36,455
Median Earnings
$968
Median Rent
$274,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Flex space - 10,000 SF light industrial building with office space for sale.
Where is this flex space located?
The property is located at 1380 E Corona Rd Fort Mohave, AZ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 10,000 SF light industrial building on the Mesa with desirable CMO zoning.; Refurbished/replaced HVAC/evap units (18 total) under warranty (updated 2011‑2024).; Updated septic system (11‑24).
