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    Bank St Kingman, AZ 86409

    For Sale
    $395,000

    Prime Kingman development: 5 commercial, 8 residential lots.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 5.2-acre parcel presents a significant development opportunity in the heart of Kingman, Arizona. The property, located on a major 5-lane north-south road between Route 66 and Stockton Hill Road, offers a strategic location for commercial and residential ventures. The land is comprised of five commercially zoned (C-3) lots and eight residentially zoned lots, all platted as Phase #5. Existing utilities, including sewer, water, electricity (including 220-volt), and natural gas, are readily available, significantly reducing development hurdles. The property boasts a level topography and convenient access via a paved, publicly maintained road. The asking price is $395,000, and the owners are offering potential owner carry financing terms, making this an attractive investment for developers and investors seeking a prime location with strong growth potential. The property's APN is 320-02-201. This is a 1031 exchange-eligible property and financing options include cash and conventional loans. The price has been reduced for a quick sale. Don't miss this chance to acquire this well-situated, ready-to-develop land in a thriving Arizona market.

    Property Features for 0 Bank St

    General Information

    Property type
    Land
    Lot Size
    226,512 SF

    HighLights

    • Corner lot, level with street access.
    • City sewer and water to property line.
    • 220‑volt power, natural gas available, underground utilities.
    • Panoramic views.
    • No fencing.
    • Paved road access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kingman
    County
    Mohave
    State
    Arizona
    Longitude
    -114.01137674826
    Latitude
    35.232138346458

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    FAQs

    What type of property is this?
    Land - Prime Kingman development: 5 commercial, 8 residential lots.
    Where is this land located?
    The property is located at Bank St Kingman, AZ.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Corner lot, level with street access.; City sewer and water to property line.; 220-volt power, natural gas available, underground utilities.
    Request Owner's contact information
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    Kingman, AZ 86409
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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
    Bank St Kingman, AZ 86409
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