Search
Climate-Controlled Storage Condo
For Sale
$205,000

2599 E Laughlin Ranch Blvd, Bullhead City, AZ 86429

CommercialSale, Bullhead City, AZ

Property Size990 SF
Lot Size0.02 Acres
Price / SF$207.07
Days on Market47

Property Features for 2599 E Laughlin Ranch Blvd

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description C2 General Commercial
Security features Security
Interior features Storage
Subdivision Laughlin Ranch All Communities
Directions Starting on the Bullhead Parkway, turn right onto E. Laughlin Ranch Blvd. Make another right into the main entrance.
Standard status Active
APN 230-38-013
Lot size 0.02 Acres

Taxes and HOA fees

Tax Description T20N R21W SEC 7 TOY SHACK STORAGE BULLHEAD CITY TRACT 5173 CONDOS UNIT A13
HOA Fee $500 Annually
Legal Description T20N R21W SEC 7 TOY SHACK STORAGE BULLHEAD CITY TRACT 5173 CONDOS UNIT A13

Utilities

Sewer type Public Sewer
Cooling system Central Air, Electric
Water source Public

Amenities

private bathroom with shop sink
built in cabinets
epoxy flooring
community restrooms with showers
boat and RV wash bay
RV dump station
keyless access control
camera surveillance

Building Details

Year built 2025
Flooring type Concrete
Building materials SteelFrame
Roof type Metal
Additional Structures Storage
Listing Agency: BH Keller Williams Arizona Living Realty · Keller Williams Realty
Listed By: Arianna Romero · License #SA702360000
Added: Jul 6 Changed: Aug 19 Last Checked: Aug 21 at 10:06AM
MLS# 040342

Copyright © 2026 Momentum MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Unit A13 is a 990-square-foot storage condo within Building A at Toy Shack Storage. The 18-by-55-foot unit is climate controlled and includes electric, water, sewer, a private bathroom with shop sink, built-in cabinets, epoxy flooring, concrete flooring, 30 AMP electrical service, and an automatic 14-foot overhead garage door. The property is under construction with a 2025 year built designation and steel-frame construction.

Shared amenities include community restrooms with showers, a boat and RV wash bay, an RV dump station, 50-foot-wide concrete drive lanes, overhead lighting, a 20-amp power plug, keyless app-based entry, and camera surveillance. The facility is near the Colorado River, Lake Mohave, Highway 95, and Laughlin Ranch Golf Course in Bullhead City. Public water and public sewer serve the property, with central air and electric cooling.

Key Highlights

  • 990 sq. ft. unit measuring 18' x 55'
  • Climate‑controlled Building A storage condo with private bathroom and shop sink
  • 30 AMP electrical service, built‑in cabinets, epoxy flooring, and automatic 14‑foot overhead garage door

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,608
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.69%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$192,160 $192.2K
Cap Rate 7%
$137,257 $137.3K
Cap Rate 9%
$106,756 $106.8K
Market Conditions
NOI Build-Up for 990 SF 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.
Gross rent
$12.8K $12.96/SF
− Vacancy
−$1.5K −$1.54/SF
EGI
$11.3K $11.42/SF
− OpEx
−$1.7K −$1.71/SF
NOI
$9.6K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$192,160
Cap Rate 7%
$137,257
Cap Rate 9%
$106,756

Alternative Uses

Best Use
Warehouse
$137.3K
$120.1K – $160.1K (±1% cap)
NOI $9,608 @ 7.0% cap · market cap 4.69%
Second Best
Self Storage
$131.2K
$114.8K – $153.0K (±1% cap)
NOI $9,181 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$221.0K
$193.4K – $257.9K (±1% cap)
NOI $15,473 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply HVAC Service Real Estate Agency Furniture & Home Goods Grocery & Convenience Store 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.

Lease Details

1
Drive-in doors
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Self storage facility - 990-square-foot commercial storage unit with utilities, private bath, secure access, and recreational-vehicle support amenities.
Where is this self storage facility located?
The property is located at 2599 E Laughlin Ranch Blvd Bullhead City, AZ.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 990 sq. ft. unit measuring 18' x 55'; Climate‑controlled Building A storage condo with private bathroom and shop sink; 30 AMP electrical service, built‑in cabinets, epoxy flooring, and automatic 14‑foot overhead garage door
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message