Bullhead City Office Space
For Sale
$381,106
2585 Miracle Mile Ste 126-127, Bullhead City, AZ 86442
Office units for sale in Bullhead City, Arizona.
Property Size4,356 SF
Price / SF$187
Days on Market232
Property Features for 2585 Miracle Mile Ste 126-127
General Information
Standard status
Active
Size
4,356 SF
Property subtype
Office
Building Details
Building Size
4,356 SF
Year Built
2000
Listing Agency:
Kidder Mathews - Phoenix
Listed By:
Bret Isbell · License #BR549336000
(602) 513-5155
Source:
Kidder
Added: Mar 8
Changed: Oct 25
Last Checked: Mar 26 at 9:48AM
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 - Phoenix
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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.
Available for purchase are office units located in Bullhead City, Arizona. The property offers 2038 square feet of commercial space suitable for office use.
Key Highlights
- Office units available for purchase.
- Located in Bullhead City, Arizona.
- Built in 2000.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,607
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,140
$452.1K
Cap Rate 7%
$322,957
$323.0K
Cap Rate 9%
$251,189
$251.2K
Market Conditions
NOI Build-Up for 2,038 SF
Gross rent
$35.5K $17.40/SF
− Vacancy
−$5.3K −$2.61/SF
EGI
$30.1K $14.79/SF
− OpEx
−$7.5K −$3.70/SF
NOI
$22.6K $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%
$452,140
Cap Rate 7%
$322,957
Cap Rate 9%
$251,189
Alternative Uses
Best Use
Office B
$323.0K
$282.6K – $376.8K
NOI $22,607 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.0K
$398.1K – $530.9K
NOI $31,851 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office units for sale in Bullhead City, Arizona.
Where is this office unit located?
The property is located at 2585 Miracle Mile Ste 126-127 Bullhead City, AZ.
What is the asking price?
The asking price for this property is $381,106.
What are key features of this property?
This property features: Office units available for purchase.; Located in Bullhead City, Arizona.; Built in 2000.
