Kingman Warehouse with Secure
For Sale
$1,250,000
2630 Airway Avenue, Kingman, AZ 86409
Commercial warehouse in Kingman, Arizona, with secure perimeter fencing.
Property Size4,800 SF
Price / SF$260.42
Days on Market331
Property Features for 2630 Airway Avenue
General Information
Standard status
Active
Size
4,800 SF
Class
C
Property subtype
Distribution Warehouse
Zoning
K- C3 Comm: Service Business
Building Details
Building Size
4,800 SF
Year Built
1989
Listing Agency:
RE/MAX
(928) 753-7653
Listed By:
Jonny Meins · License #BR560849000
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 20 at 4:05AM
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 RE/MAX
Investment Insights
Based on property information with market context.
This commercial warehouse is located on Airway Avenue in Kingman, Arizona. The property is fully fenced, providing a secure perimeter. A ramp facilitates the loading and unloading of delivery trucks. The warehouse includes a roll-up door for access. The property provides space and versatility for various business operations. The lot offers room for expansion or additional storage.
Key Highlights
- Secure Perimeter: Fully fenced property enhances security.
- Convenient Loading: Includes a ramp for loading and unloading delivery trucks.
- Easy Warehouse Access: Equipped with a roll‑up 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
$46,584
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
3.73%
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%
$931,680
$931.7K
Cap Rate 7%
$665,486
$665.5K
Cap Rate 9%
$517,600
$517.6K
Market Conditions
NOI Build-Up for 4,800 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
$62.2K $12.96/SF
− Vacancy
−$7.4K −$1.54/SF
EGI
$54.8K $11.42/SF
− OpEx
−$8.2K −$1.71/SF
NOI
$46.6K $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%
$931,680
Cap Rate 7%
$665,486
Cap Rate 9%
$517,600
Alternative Uses
Best Use
Warehouse
$665.5K
$582.3K – $776.4K
NOI $46,584 @ 7.0% cap · market cap 3.73%
Second Best
Industrial
$548.1K
$479.6K – $639.4K
NOI $38,364 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$1.07M
$937.7K – $1.25M
NOI $75,018 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 86409, AZ
28,860
Population
14,616
Households
2
Avg Household Size
49
Median Age
13%
College-Educated
88%
High-School Grad
365.7 sq mi
ZIP Area
79
Density / Sq Mi
$48,499
Median Household Income
$32,912
Median Earnings
$884
Median Rent
$171,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Select Containers — 3560 Sunshine Dr, Kingman, AZ 86409
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- Mohave Storage Verdugo Rd. — 3530 N Verdugo Rd, Kingman, AZ 86409
Frequently Asked Questions
What type of property is this?
Warehouse - Commercial warehouse in Kingman, Arizona, with secure perimeter fencing.
Where is this warehouse located?
The property is located at 2630 Airway Avenue Kingman, AZ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Secure Perimeter: Fully fenced property enhances security.; Convenient Loading: Includes a ramp for loading and unloading delivery trucks.; Easy Warehouse Access: Equipped with a roll‑up door.
