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    93 & Interstate 40 Wikieup, AZ 86438

    For Sale
    $8,826,240

    Arizona land investment opportunity: 160 acres, residential zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity encompasses 160 acres of vacant, unimproved residential land strategically located near Kingman, Arizona, with the address listed as Highway 93 & Interstate 40, zip code 86438. The property is zoned for residential use and consists of four separate parcels with APNs: 322-17-007, 322-17-008, 217-16-001, and 339-32-012. The asking price for this expansive land holding is $8,826,240. This translates to an approximate price of $20,789 per acre. The location offers significant advantages, providing easy access to major metropolitan areas such as Los Angeles, Las Vegas, and Phoenix. The property's proximity to these population centers, with over 32 million people residing within a 350-mile radius, presents a compelling investment case. Furthermore, two of the parcels benefit from their close proximity to the Kingman Airport and Industrial Park, enhancing their potential for development and future value appreciation. This substantial land parcel presents a rare opportunity for large-scale residential development in a rapidly growing region. The property is situated in Mohave County, Arizona, and is conveniently located near major transportation routes.

    Property Features for 93 & Interstate 40

    General Information

    Property type
    Land
    Lot Size
    6,969,600 SF

    HighLights

    • Excellent access to major markets: Los Angeles, Las Vegas, and Phoenix.
    • Massive consumer base: Over 32 million people within a 350‑mile radius.
    • Strategic location: Offers proximity to key markets, transportation arteries, and a robust workforce.
    • Airport & industrial park adjacency: Two parcels are conveniently located near the Kingman Airport and Industrial Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wikieup
    County
    Mohave
    State
    Arizona
    Longitude
    -113.6154549
    Latitude
    34.7503354

    Nearby Comparable

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    • $35,000

      Arizona Mountain Land - $35K

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    • Contact for pricing
      20.00 Acres

      Wikieup, AZ Land Parcel

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    FAQs

    What type of property is this?
    Land - Arizona land investment opportunity: 160 acres, residential zoning.
    Where is this land located?
    The property is located at 93 & Interstate 40 Wikieup, AZ.
    What is the asking price?
    The asking price for this property is $8,826,240.
    What are key features of this property?
    This property features: Excellent access to major markets: Los Angeles, Las Vegas, and Phoenix.; Massive consumer base: Over 32 million people within a 350-mile radius.; Strategic location: Offers proximity to key markets, transportation arteries, and a robust workforce.
    Request Owner's contact information
    93 & Interstate 40 Wikieup, AZ 86438
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    Wikieup, AZ 86438
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    93 & Interstate 40 Wikieup, AZ 86438
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