Automotive Shop
For Sale
$439,000
14501 Canyon Dr, Dolan Springs, AZ 86441
Commercial Sale, Dolan Springs, AZ
Property Size3,540 SF
Lot Size1.26 Acres
Price / SF$124.01
Days on Market692
Property Features for 14501 Canyon Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
K-R-R Rural Residential
Directions
From Highway 93 NW of Kingman turn at MP 42 turn on Pierce Ferry Road (Rte 25) to Dolan Springs. Drive 1.4 miles to Canyon Dr. Property is on the right at corner of Canyon Dr. & Pierce Ferry Rd.
Subdivision
East of 93
Standard status
Active
APN
326-02-175f
Size
3,540 SF
Lot size
1.26 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
980
Utilities
Sewer type
Septic Tank
Water source
Public
Amenities
insulated
concrete floor
overhead roll up doors
concrete apron
carport
shed
electric power
city water
septic system
Building Details
Year built
2004
Number of units
1
Building materials
Steel Frame, Wood Frame, Block
Roof type
Shingle, Rolled Hot Mop
Listing Agency:
Century 21 Americana · Century 21 Real Estate
(928) 855-3015
Listed By:
David Greenlee · License #SA663913000
(907) 322-5560
Added: Oct 10, 2024
Changed: Aug 20
Last Checked: Sep 1 at 5:06AM
MLS# 1032539
Copyright © 2026 Lake Havasu Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This automotive property includes a 60-by-40-foot engineered steel building with insulation, a concrete floor, and two 12-foot overhead roll-up doors. A connected 30-by-30-foot concrete block structure provides machine shop and office space, while a separate 8-by-30-foot building contains the shop air compressor and storage. Concrete surrounds three accessible sides of the primary shop.
The property occupies 1.26 acres with 216 feet of frontage on Pierce Ferry Road near US Highway 93. Outdoor parking and storage are available on the site. A 3-bedroom house with 1,470 square feet, a carport, and a 100-square-foot exterior shed is also included. Utilities consist of electric power, public water, and a septic system.
The property occupies 1.26 acres with 216 feet of frontage on Pierce Ferry Road near US Highway 93. Outdoor parking and storage are available on the site. A 3-bedroom house with 1,470 square feet, a carport, and a 100-square-foot exterior shed is also included. Utilities consist of electric power, public water, and a septic system.
Key Highlights
- 60‑by‑40‑foot insulated steel‑frame shop with concrete floor
- Two 12‑foot overhead roll‑up doors
- Connected 30‑by‑30‑foot concrete block machine shop and office
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
$34,382
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
7.83%
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%
$687,640
$687.6K
Cap Rate 7%
$491,171
$491.2K
Cap Rate 9%
$382,022
$382.0K
Market Conditions
NOI Build-Up for 3,540 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
$53.1K $15.00/SF
− Vacancy
−$4.0K −$1.13/SF
EGI
$49.1K $13.88/SF
− OpEx
−$14.7K −$4.16/SF
NOI
$34.4K $9.71/SF
Area
Mohave County, AZ
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$687,640
Cap Rate 7%
$491,171
Cap Rate 9%
$382,022
Alternative Uses
Best Use
Retail
$491.2K
$429.8K – $573.0K
NOI $34,382 @ 7.0% cap · market cap 7.83%
Second Best
Warehouse
$490.8K
$429.5K – $572.6K
NOI $34,356 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$790.4K
$691.6K – $922.1K
NOI $55,326 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86441, AZ
1,919
Population
1,344
Households
1.4
Avg Household Size
60
Median Age
18%
College-Educated
84%
High-School Grad
372.1 sq mi
ZIP Area
5
Density / Sq Mi
$31,553
Median Household Income
$31,926
Median Earnings
$1,115
Median Rent
$92,700
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.
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Frequently Asked Questions
What type of property is this?
Auto shop - Steel-frame service facilities with roll-up doors, outdoor storage, and an accompanying residence on a commercial parcel.
Where is this auto shop located?
The property is located at 14501 Canyon Dr Dolan Springs, AZ.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 60‑by‑40‑foot insulated steel‑frame shop with concrete floor; Two 12‑foot overhead roll‑up doors; Connected 30‑by‑30‑foot concrete block machine shop and office
