Office Condo with Private
For Sale
$178,500
2585 Miracle Mile #106, Bullhead City, AZ 86442
Built in 2000, the suite has a reception area, three offices, a breakroom and a private restroom.
Property Size1,011 SF
Price / SF$176.56
Days on Market433
Property Features for 2585 Miracle Mile #106
General Information
Standard status
Active
Size
1,011 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Condition
Built-Out
Property Use
Office
Taxes and HOA fees
Annual Taxes
$933
Building Details
Building Size
1,011 SF
Year Built
2000
Buildings
1
Listing Agency:
AZ Home Seekers
Listed By:
Jeff & Debbie
(480) 200-5305
Source:
Azhomeseekers
Added: Aug 28, 2025
Changed: Nov 3
Last Checked: Nov 3 at 1:53PM
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 AZ Home Seekers
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Investment Insights
Based on property information with market context.
This 1,011-square-foot office condo at Colorado Place is configured with a reception area, three private offices, a breakroom and a private restroom. The building dates to 2000, and the unit is offered for sale or lease.
Colorado Place is a professionally managed, 100,000-square-foot mixed-use property in the Central Business District of Bullhead City. The property information identifies the surrounding market as a year-round destination for river recreation, winter weather and gaming.
Colorado Place is a professionally managed, 100,000-square-foot mixed-use property in the Central Business District of Bullhead City. The property information identifies the surrounding market as a year-round destination for river recreation, winter weather and gaming.
Key Highlights
- 1,011‑square‑foot office condo
- Reception area, three private offices, breakroom and private restroom
- Located within Colorado Place, a professionally managed 100,000‑square‑foot mixed‑use property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,215
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,300
$224.3K
Cap Rate 7%
$160,214
$160.2K
Cap Rate 9%
$124,611
$124.6K
Market Conditions
NOI Build-Up for 1,011 SF
Gross rent
$17.6K $17.40/SF
− Vacancy
−$2.6K −$2.61/SF
EGI
$15.0K $14.79/SF
− OpEx
−$3.7K −$3.70/SF
NOI
$11.2K $11.09/SF
Area
Mohave County, AZ
Vacancy
15.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,300
Cap Rate 7%
$160,214
Cap Rate 9%
$124,611
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
Explore this area
Business Placement
Demographics for 86442, AZ
34,171
Population
19,581
Households
1.7
Avg Household Size
53
Median Age
14%
College-Educated
85%
High-School Grad
28.2 sq mi
ZIP Area
1,212
Density / Sq Mi
$45,486
Median Household Income
$28,702
Median Earnings
$1,000
Median Rent
$174,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Built in 2000, the suite has a reception area, three offices, a breakroom and a private restroom.
Where is this office unit 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‑square‑foot office condo; Reception area, three private offices, breakroom and private restroom; Located within Colorado Place, a professionally managed 100,000‑square‑foot mixed‑use property
