Multi-Parcel Commercial Development
1410 East Andy Devine Avenue Kingman, AZ 86401
1410 East Andy Devine Avenue, Kingman, AZ, 86401
$9,500,000
For Sale
$9,500,000
Three-parcel site includes an old restaurant building needing full update and land for future development.
Property Size45,302 SF
Lot Size27.34 Acres
Price / SF$209.70
Days on Market339
Property Features for 1410 East Andy Devine Avenue
General Information
- Standard status
- Active
- Size
- 45,302 SF
- Lot size
- 27.34 Acres
- Property subtype
- Land
Building Details
- Year Built
- 1986
Listing agency
Eagle Realty
(928) 565-0125
Listed by
Nathaniel Wissinger · License #SA659079000
(928) 565-0125
Source
Compass
Added: Aug 18, 2025 Updated: Jul 22 at 8:24AM Checked: Jul 22 at 8:24AM
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 Eagle Realty
Investment Insights
Based on property information with market context.
This multi-parcel commercial property consists of 3 parcels: (321-10-001Q, 321-10-001M, 321-10-001K). The purchase includes an existing old restaurant building that needs to be fully updated, along with a total land area of 27.34 acres that can be developed into a future project that fits applicable zoning requirements.
The parcels are located off Andy Devine Historic Route 66, providing a commercial setting for redevelopment. The seller indicates openness to co-op deals, and owner carry may be negotiable.
The parcels are located off Andy Devine Historic Route 66, providing a commercial setting for redevelopment. The seller indicates openness to co-op deals, and owner carry may be negotiable.
Key Highlights
- 3‑parcel commercial site sold together (321‑10‑001Q, 321‑10‑001M, 321‑10‑001K)
- Includes an old restaurant building built in 1986 that needs to be fully updated
- Total land area is 27.34 acres for future development projects that meet zoning requirements
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $815.4k | $18.00 |
| − Vacancy | −$53.0k | −$1.17 |
| EGI | $762.4k | $16.83 |
| − OpEx | −$190.6k | −$4.21 |
| NOI | $571.8k | $12.62 |
45,302 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$8.17M
$7.15M – $9.53M
NOI $571,824 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.11M
$8.85M – $11.80M
NOI $708,016 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Three-parcel site includes an old restaurant building needing full update and land for future development.
Where is this commercial land located?
The property is located at 1410 East Andy Devine Avenue Kingman, AZ.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: 3‑parcel commercial site sold together (321‑10‑001Q, 321‑10‑001M, 321‑10‑001K); Includes an old restaurant building built in 1986 that needs to be fully updated; Total land area is 27.34 acres for future development projects that meet zoning requirements
