Built-Out Office Condo
2585 Miracle Mile #106 Bullhead City, AZ 86442
For Sale
$178,500
Fully built-out office condo includes a reception area, three private offices, and a private restroom.
Property Size1,011 SF
Price / SF$176.56
Days on Market334
Property Features for 2585 Miracle Mile #106
General Information
- Standard status
- Active
- Size
- 1,011 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2000
Listing Agency:
Kidder Mathews
(602) 300-4112
Listed By:
Bret Isbell · License #BR549336000
(602) 300-4112
Source:
Sunhaven-realestate
Added: Aug 28, 2025
Changed: Jul 22
Last Checked: Jul 26 at 5:03PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This fully built-out office condo offers 1,011 square feet of usable space configured for day-to-day operations. The layout includes a reception area, three private offices, a breakroom, and a private restroom.
Colorado Place is a professionally managed mixed-use property totaling 100,000 square feet and is described as the largest office property in Northern Arizona. The building is located at the center of the Central Business District of Bullhead City.
The suite is available for sale or lease, supporting both owner-occupant use and investor ownership.
Colorado Place is a professionally managed mixed-use property totaling 100,000 square feet and is described as the largest office property in Northern Arizona. The building is located at the center of the Central Business District of Bullhead City.
The suite is available for sale or lease, supporting both owner-occupant use and investor ownership.
Key Highlights
- 1,011 SF fully built‑out office condo in Colorado Place, built in 2000
- Includes reception area, three private offices, breakroom, and a private restroom
- Available for sale or lease
Financial Insights For Office B
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 | $17.6k | $17.40 |
| − Vacancy | −$2.6k | −$2.61 |
| EGI | $15.0k | $14.79 |
| − OpEx | −$3.7k | −$3.70 |
| NOI | $11.2k | $11.09 |
1,011 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$160.2K
$140.2K – $186.9K
NOI $11,215 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$225.7K
$197.5K – $263.4K
NOI $15,801 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
North Country HealthCare ...
Medical Clinic
Real Estate & Mortgage ...
Loan Service
Sand Associates
Tax Preparation
Therese Moses - REALTOR
Real Estate Agency
Lori A. Linville-Petrik, PT
Physician
FAQs
What type of property is this?
Office units - Fully built-out office condo includes a reception area, three private offices, and a private restroom.
Where is this office units located?
The property is located at 2585 Miracle Mile #106 Bullhead City, AZ.
What is the asking price?
The asking price for this property is $178,500.
What are key features of this property?
This property features: 1,011 SF fully built‑out office condo in Colorado Place, built in 2000; Includes reception area, three private offices, breakroom, and a private restroom; Available for sale or lease
