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Warehouse with Fenced Yard
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2540 Landon Drive, Bullhead City, AZ 86429

Industrial warehouse featuring 24-foot ceilings and loading docks.

Property Size15,827 SF
Price / SF$214.82
Days on Market158

Property Features for 2540 Landon Drive

General Information

Standard status Active
Size 15,827 SF
Property subtype Industrial
Zoning M1

Building Details

Year Built 2007
Buildings 1
Listing Agency: US Southwest LLC
Listed By: Ann Pettit · License #AZ BR007248000
Source: Crexi
Added: May 26 Changed: Oct 25 Last Checked: Oct 28 at 7:26AM

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 US Southwest LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This industrial property, suitable for warehouse use, features a warehouse with a clear height of 24 feet. The warehouse is evaporative cooled and has 400 to 800 amps of power. Loading is facilitated by both ground-level and dock-high options. The property includes a fenced yard and is fully sprinklered. The property has a size of 15827 square feet. It can be purchased independently or together with the adjacent property at 2550 Landon Dr.

Key Highlights

  • 24 ft. warehouse clear height
  • Ground level and dock high loading
  • Evaporative cooled warehouse

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$153,603
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,072,060 $3.1M
Cap Rate 7%
$2,194,329 $2.2M
Cap Rate 9%
$1,706,700 $1.7M
Market Conditions
NOI Build-Up for 15,827 SF
Gross rent
$205.1K $12.96/SF
− Vacancy
−$24.4K −$1.54/SF
EGI
$180.7K $11.42/SF
− OpEx
−$27.1K −$1.71/SF
NOI
$153.6K $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 Rate 5%
$3,072,060
Cap Rate 7%
$2,194,329
Cap Rate 9%
$1,706,700

Alternative Uses

Best Use
Warehouse
$2.19M
$1.92M – $2.56M (±1% cap)
NOI $153,603 @ 7.0% cap · market cap 4.52%
Second Best
Industrial
$1.81M
$1.58M – $2.11M (±1% cap)
NOI $126,496 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$3.53M
$3.09M – $4.12M (±1% cap)
NOI $247,357 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

EV Patrol Association Or Organization

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Storage Facility Plumbing Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby
Well-served
Demand for This Use

Demographics for 86429, AZ

7,708
Population
5,509
Households
1.4
Avg Household Size
61
Median Age
17%
College-Educated
89%
High-School Grad
274.8 sq mi
ZIP Area
28
Density / Sq Mi
$53,113
Median Household Income
$33,929
Median Earnings
$1,076
Median Rent
$319,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse featuring 24-foot ceilings and loading docks.
Where is this warehouse located?
The property is located at 2540 Landon Drive Bullhead City, AZ.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 24 ft. warehouse clear height; Ground level and dock high loading; Evaporative cooled warehouse
(928) 234-5555 Call to check price and availability
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