4-Bay Flex
506 Hancock Road, Bullhead City, AZ 86442
For Sale
New
$439,900
CommercialSale, Bullhead City, AZ
Property Size3,664 SF
Lot Size0.20 Acres
Price / SF$120.06
Days on Market3
Property Features for 506 Hancock Road
General Information
Property type
Property subtype
Zoning description
Subdivision
Directions
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Water source
Building Details
Year built
Number of units
Flooring type
Roof type
Listing Agency:
KG Keller Williams Arizona Living Realty · Keller Williams Realty
(928) 718-6211
Listed By:
Kerri Pearce · License AZ SA661113000
(928) 279-1784
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 043746
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.
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Investment Insights
Based on property information with market context.
The 3,664-square-foot block building was constructed in 1994 and includes office, storage, and private restroom areas. Its four bays are all leased: one occupant uses two bays together, while the remaining bays are rented individually. Tenant agreements are month to month, and electricity is separately metered and paid by occupants.
The property comprises 0.2 acres with direct access from Hancock Road. Public water and sewer serve the site; the owner pays water, sewer, trash, and property taxes. Concrete flooring and a membrane roof are also in place.
The property comprises 0.2 acres with direct access from Hancock Road. Public water and sewer serve the site; the owner pays water, sewer, trash, and property taxes. Concrete flooring and a membrane roof are also in place.
Key Highlights
- 3,664‑square‑foot block building on 0.2 acres
- All four bays occupied under month‑to‑month agreements
- Office, storage, and private restroom areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,284
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,680
$585.7K
Cap Rate 7%
$418,343
$418.3K
Cap Rate 9%
$325,378
$325.4K
Market Conditions
NOI Build-Up for 3,664 SF
Gross rent
$47.5K $12.96/SF
− Vacancy
−$5.7K −$1.54/SF
EGI
$41.8K $11.42/SF
− OpEx
−$12.6K −$3.43/SF
NOI
$29.3K $7.99/SF
Area
Mohave County, AZ
Vacancy
11.90%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,680
Cap Rate 7%
$418,343
Cap Rate 9%
$325,378
Alternative Uses
Best Use
Industrial
$418.3K
$366.1K – $488.1K
NOI $29,284 @ 7.0% cap · market cap 6.66%
Second Best
Flex RnD
$388.5K
$339.9K – $453.2K
NOI $27,193 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$818.1K
$715.8K – $954.4K
NOI $57,264 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86442, AZ
34,171
Population
19,581
Households
1.7
Avg Household Size
53
Median Age
14%
College-Educated
85%
High-School Grad
28.2 sq mi
ZIP Area
1,212
Density / Sq Mi
$45,486
Median Household Income
$28,702
Median Earnings
$1,000
Median Rent
$174,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Mohave County, AZ
Properties on Market for Flex space in Mohave County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Every bay is occupied, with tenants paying separately metered electricity.
Where is this flex space located?
The property is located at 506 Hancock Road Bullhead City, AZ.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: 3,664‑square‑foot block building on 0.2 acres; All four bays occupied under month‑to‑month agreements; Office, storage, and private restroom areas
