Kingman Warehouse with Route 66
For Sale
$575,000
3560 Sunshine Drive, Kingman, AZ 86409
3,840 sq ft warehouse on 1-acre lot near I-40.
Property Size3,840 SF
Price / SF$149.74
Days on Market331
Property Features for 3560 Sunshine Drive
General Information
Standard status
Active
Size
3,840 SF
Class
B
Property subtype
Industrial
Zoning
K-C3 Community: Service Business
Building Details
Building Size
3,840 SF
Year Built
1990
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 21 at 3:52AM
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 in Kingman, Arizona. The property, zoned C3, offers 3,840 square feet of warehouse space on a 1-acre lot. It features a dock-high loading area and a ramp to the overhead delivery door. The property is fully fenced. Its location provides access to Route 66 and I-40, making it suitable for distribution, warehousing, or contractor operations.
Key Highlights
- Prime commercial warehouse with C3 zoning.
- 3,840 sq. ft. warehouse on a 1‑acre lot.
- Quick access to Route 66 and I‑40.
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
$37,268
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
6.48%
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%
$745,360
$745.4K
Cap Rate 7%
$532,400
$532.4K
Cap Rate 9%
$414,089
$414.1K
Market Conditions
NOI Build-Up for 3,840 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
$49.8K $12.96/SF
− Vacancy
−$5.9K −$1.54/SF
EGI
$43.8K $11.42/SF
− OpEx
−$6.6K −$1.71/SF
NOI
$37.3K $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%
$745,360
Cap Rate 7%
$532,400
Cap Rate 9%
$414,089
Alternative Uses
Best Use
Warehouse
$532.4K
$465.9K – $621.1K
NOI $37,268 @ 7.0% cap · market cap 6.48%
Second Best
Industrial
$438.4K
$383.6K – $511.5K
NOI $30,691 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$857.4K
$750.2K – $1.00M
NOI $60,015 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Well-served
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
- American Mini Storage — 3745 Sunshine Dr, Kingman, AZ 86409
- Select Containers — 3560 Sunshine Dr, Kingman, AZ 86409
- Mohave Storage - Rhoades — 2881 Rhoades Ave, Kingman, AZ 86401
- Mohave Storage — 3855 Sunshine Dr, Kingman, AZ 86409
- Mohave Storage 3855 Sunshine Dr. — 3855 Sunshine Dr, Kingman, AZ 86409
Frequently Asked Questions
What type of property is this?
Warehouse - 3,840 sq ft warehouse on 1-acre lot near I-40.
Where is this warehouse located?
The property is located at 3560 Sunshine Drive Kingman, AZ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Prime commercial warehouse with C3 zoning.; 3,840 sq. ft. warehouse on a 1‑acre lot.; Quick access to Route 66 and I‑40.
