Climate-Controlled Storage Condo
For Sale
$205,000
2599 Laughlin Ranch Blvd, Bullhead City, AZ 86429
Climate-controlled storage unit with private bathroom, epoxy flooring, and 30 AMP electrical service.
Property Size990 SF
Price / SF$207.07
Days on Market57
Property Features for 2599 Laughlin Ranch Blvd
General Information
Standard status
Active
Size
990 SF
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
Central Air, Electric
Concrete
3
Metal
Shared Driveway.
18x55
Security Lighting, Exterior Lighting, Overhead Doors, Extra Storage.
Building Details
Year Built
2025
Listing Agency:
BH Keller Williams Arizona Living Realty
(928) 279-7177
Listed By:
Arianna Romero · License #SA702360000
(928) 279-7177
Source:
Xome
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 11 at 5:07AM
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 BH Keller Williams Arizona Living Realty
Investment Insights
Based on property information with market context.
Own a premium self-storage condo in Building A at Toy Shack Storage. Unit A13 provides 990 sq. ft. of climate-controlled space with a private bathroom featuring a shop sink, built-in cabinets, and epoxy flooring. The unit is also equipped with 30 AMP electrical service, making it suitable for storing RVs, boats, classic cars, off-road vehicles, or business equipment and other valuables.
The facility is designed for convenience and security, offering keyless, app-based automated entry and camera surveillance. Toy Shack Storage also includes community restrooms with showers, a boat and RV wash bay, an RV dump station, and 50-foot wide concrete drive lanes, with an automatic 14-foot overhead garage door for unit access. Additional power includes overhead lighting and a 20-amp power plug.
Access and internal circulation are supported by wide concrete drive lanes and a controlled entry system, helping simplify day-to-day use of the unit.
The facility is designed for convenience and security, offering keyless, app-based automated entry and camera surveillance. Toy Shack Storage also includes community restrooms with showers, a boat and RV wash bay, an RV dump station, and 50-foot wide concrete drive lanes, with an automatic 14-foot overhead garage door for unit access. Additional power includes overhead lighting and a 20-amp power plug.
Access and internal circulation are supported by wide concrete drive lanes and a controlled entry system, helping simplify day-to-day use of the unit.
Key Highlights
- Storage condo Unit A13 in Building A with 990 SF (18' x 55') of versatile, climate‑controlled storage space
- Includes private bathroom with shop sink plus built‑in cabinets and epoxy flooring
- 30 AMP electrical service with electric, water, and sewer connected to the unit
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
NOI $9,608 @ 7.0% cap · market cap 4.69%
Second Best
Self Storage
$131.2K
$114.8K – $153.0K
NOI $9,181 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$221.0K
$193.4K – $257.9K
NOI $15,473 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Climate-controlled storage unit with private bathroom, epoxy flooring, and 30 AMP electrical service.
Where is this self storage facility located?
The property is located at 2599 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: Storage condo Unit A13 in Building A with 990 SF (18' x 55') of versatile, climate‑controlled storage space; Includes private bathroom with shop sink plus built‑in cabinets and epoxy flooring; 30 AMP electrical service with electric, water, and sewer connected to the unit
