Turnkey Commercial Building in
For Sale
$225,000
2565 East Northern Avenue, Kingman, AZ 86409
1,068 SF commercial building on nearly 7,000 SF land.
Property Size1,068 SF
Lot Size0.16 Acres
Price / SF$210.67
Days on Market196
Property Features for 2565 East Northern Avenue
General Information
Standard status
Active
Size
1,068 SF
Class
C
Total Parking Spaces
5
Lot size
0.16 Acres
Property subtype
Mixed Use
Zoning
Commercial
Building Details
Building Size
1,068 SF
Year Built
1990
Listing Agency:
RE/MAX
Listed By:
Jonny Meins · License #BR560849000
(928) 753-7653
Source:
Remaxcommercial
Added: Mar 27
Changed: Sep 7
Last Checked: Oct 7 at 8:27AM
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 RE/MAX
Investment Insights
Based on property information with market context.
This 1,068 SF commercial building is situated on nearly 7,000 SF of land. Recent street and sidewalk improvements enhance the area's appeal, creating a fresh, walkable environment. The property is suitable for various uses, including a boutique, studio, or office. The building is clean, efficient, and easy to operate. It is located in an area where new businesses are emerging.
Key Highlights
- Turnkey 1,068 SF commercial building ready for immediate occupancy and operation.
- Located in an area with recent street and sidewalk improvements and growing business momentum.
- 7,000 SF land provides ample space and potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,373
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$207,460
$207.5K
Cap Rate 7%
$148,186
$148.2K
Cap Rate 9%
$115,256
$115.3K
Market Conditions
NOI Build-Up for 1,068 SF
Gross rent
$16.0K $15.00/SF
− Vacancy
−$1.2K −$1.13/SF
EGI
$14.8K $13.88/SF
− OpEx
−$4.4K −$4.16/SF
NOI
$10.4K $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 Rate 5%
$207,460
Cap Rate 7%
$148,186
Cap Rate 9%
$115,256
Alternative Uses
Best Use
Retail
$148.2K
$129.7K – $172.9K
NOI $10,373 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$238.5K
$208.7K – $278.2K
NOI $16,692 @ 7.0% cap · market cap 7.42%
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
251
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86409, AZ
28,860
Population
14,616
Households
2
Avg Household Size
49
Median Age
13%
College-Educated
88%
High-School Grad
365.7 sq mi
ZIP Area
79
Density / Sq Mi
$48,499
Median Household Income
$32,912
Median Earnings
$884
Median Rent
$171,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Heaven's Scent Florist — 3111 e northern ave, kingman, az 86409
- The Tilted Tulip — 3111 E Northern Ave, Kingman, AZ 86409
Frequently Asked Questions
What type of property is this?
Storefront property - 1,068 SF commercial building on nearly 7,000 SF land.
Where is this storefront property located?
The property is located at 2565 East Northern Avenue Kingman, AZ.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Turnkey 1,068 SF commercial building ready for immediate occupancy and operation.; Located in an area with recent street and sidewalk improvements and growing business momentum.; 7,000 SF land provides ample space and potential.
