New Industrial Building For
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4151 Lynn Dr, Fort Mohave, AZ 86426
Newly constructed 8,400 SF industrial building in Fort Mohave, AZ.
Property Size8,400 SF
Price / SF$166.67
Days on Market169
Property Features for 4151 Lynn Dr
General Information
Standard status
Active
Size
8,400 SF
Class
A
Property subtype
Industrial
Zoning
C2
Investment Type
Owner/User
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
1
Listing Agency:
Sperry Commercial Global Affiliates Henderson
(702) 497-7071
Listed By:
David Patterson · License #SE 014127000
Source:
Crexi
Added: Feb 23
Changed: Aug 8
Last Checked: Aug 10 at 12:02PM
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 Sperry Commercial Global Affiliates Henderson
Investment Insights
Based on property information with market context.
This newly constructed building measures 140'x 60'x 20". The building features 6-inch spray foam insulation on the roof and walls, with panels providing a cleaner look and enhanced insulation. Finishing touches are underway, including two bathrooms, one of which is ADA compliant and includes a shower, and a large concrete pad outside the roll-up doors. The building is designed for an owner-user but can be easily split due to a second underground power supply. The property setup allows for an additional entrance/exit for semi/delivery vehicles on the west side of the building facing Kathy Street. While the building does not currently have three-phase power, it is nearby, and MEC has already completed the calculations. Located in Mohave County, on the Colorado River, the property is 97 miles south of Las Vegas, Nevada, and directly across from Laughlin, Nevada. Fort Mohave is a family-oriented community experiencing consistent growth at an affordable price. Mohave County is the most affordable in Arizona. The population of Fort Mohave is approximately 50,000, with the surrounding county area bringing the total closer to 100,000. The Tri-State region attracts approximately two million visitors per year. The area offers a high quality of life with abundant sunshine and outdoor activities.
Key Highlights
- Newly constructed building (built in 2026) with high‑quality construction.
- Exceptional insulation with 6‑inch spray foam on roof and walls.
- Potential for division into two separate units.
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
$81,523
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
5.82%
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%
$1,630,460
$1.6M
Cap Rate 7%
$1,164,614
$1.2M
Cap Rate 9%
$905,811
$905.8K
Market Conditions
NOI Build-Up for 8,400 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
$108.9K $12.96/SF
− Vacancy
−$13.0K −$1.54/SF
EGI
$95.9K $11.42/SF
− OpEx
−$14.4K −$1.71/SF
NOI
$81.5K $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%
$1,630,460
Cap Rate 7%
$1,164,614
Cap Rate 9%
$905,811
Alternative Uses
Best Use
Warehouse
$1.16M
$1.02M – $1.36M
NOI $81,523 @ 7.0% cap · market cap 5.82%
Second Best
Industrial
$959.1K
$839.2K – $1.12M
NOI $67,136 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,282 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 86426, AZ
15,953
Population
7,709
Households
2.1
Avg Household Size
54
Median Age
10%
College-Educated
87%
High-School Grad
34.9 sq mi
ZIP Area
457
Density / Sq Mi
$65,186
Median Household Income
$36,455
Median Earnings
$968
Median Rent
$274,100
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?
Manufacturing property - Newly constructed 8,400 SF industrial building in Fort Mohave, AZ.
Where is this manufacturing property located?
The property is located at 4151 Lynn Dr Fort Mohave, AZ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Newly constructed building (built in 2026) with high‑quality construction.; Exceptional insulation with 6‑inch spray foam on roof and walls.; Potential for division into two separate units.
