Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2350 Miracle Mile Bullhead City, AZ 86442

    For Sale
    $950,000

    Bullhead City Retail Investment Opportunity

    Property size:
    4,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional value-add opportunity presents a 4,500 square foot retail property located within the Riverview Mall Shops in Bullhead City, Arizona. The property, built in 2000, sits on a 0.75-acre lot and features three suites, currently 33% occupied by Allied Cash Advance under a corporate guarantee since 2006. The tenant recently extended their lease, demonstrating commitment to the location. This single-story building benefits from a prime location with high visibility on Miracle Mile and Marina Boulevard, boasting 27,284 vehicles per day (VPD) in 2022. The property is zoned C-2 and offers below-market rent potential. The surrounding area features strong demographics, including an average household income of $55,446 within a 3-mile radius, a daytime population of 29,698, and a median age of 51.9 years. Nearby national tenants include Big Lots, CVS, Joann Fabrics, Walgreens, Arby's, Popeyes, Wendy's, Jack in the Box, Taco Bell, Planet Fitness, KFC, and AutoZone. The property's strategic location benefits from the significant tourism in Bullhead City and Laughlin, Nevada, driven by the Colorado River, Lake Mohave, and numerous gaming resorts. This is a fee-simple ownership opportunity with a triple-net (NNN) lease. The asking price is $950,000, resulting in a price per square foot of $211.11. Importantly, the property has received zoning compliance approval for adult-use marijuana.

    Property Features for 2350 Miracle Mile

    General Information

    Property type
    Lifestyle centers
    Square Feet
    4,500 SF
    Class
    C
    Lot Size
    32,670 SF

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • $950,000 asking price for a 4,500 square foot retail property in Bullhead City, Arizona.
    • Multi‑tenant retail pad, consisting of three suites, situated as an outparcel to a 24‑acre shopping center.
    • 33% occupancy, currently leased to Allied Cash Advance (corporate guarantee) since 2006; below market rent.
    • High‑traffic location with excellent visibility, boasting 27,284 vehicles per day (VPD) and significant frontage on Miracle Mile and Marina Boulevard.
    • Strong retail location anchored by Big Lots, CVS, and Joann Fabrics, with nearby national tenants including Walgreens, Arby's, and others.
    • Zoned C‑2, allowing for adult‑use marijuana businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bullhead City Florist Florist CosmoProf Beauty Supply Store Bullhead Health Club ... Gym KFC Chicken Restaurant CDReload - Online Bitcoin ... Crypto Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bullhead City
    County
    Mohave
    State
    Arizona
    Longitude
    -114.5946541
    Latitude
    35.101422

    Nearby Similar for Sale

    • New
      $1,890,000
      0.72 Acres

      Renovated Waterfront Multifamily Investment Property

      Turnkey, fully renovated 6-unit waterfront property on the Colorado River.
      437 Riverfront Dr, Bullhead City, AZ 86442
      View Details
    • $1,480,000
      0.27 Acres

      Recently Redone Multifamily Property

      Turnkey 8-plex in Bullhead City, ready for immediate income.
      1772 Rio Grande Rd, Bullhead City, AZ 86442
      View Details
    • New
      $549,000
      0.24 Acres

      Bullhead City Duplex Investment Opportunity

      Duplex with rental income potential in a prime location.
      1675 Turquoise Rd, Bullhead City, AZ 86442
      View Details
    • $480,000
      0.13 Acres

      Colorado Riverfront Land in Arizona

      Riverfront property with deep water access and mountain views.
      711 Riverfront Dr, Bullhead City, AZ 86442
      View Details
    • New
      $389,000
      0.21 Acres

      Charming Duplex in Prime Location

      Well-maintained duplex ideal for investors or owner-occupants in Bullhead City.
      362 Riverfront Dr, Bullhead City, AZ 86442
      View Details
    • New
      $164,999
      896 SF

      Updated Home in Bullhead City

      Move-in ready 3 bed, 2 bath home with upgrades.
      1960 Granada Dr, Bullhead City, AZ 86442
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Bullhead City Retail Investment Opportunity
    Where is this lifestyle center located?
    The property is located at 2350 Miracle Mile Bullhead City, AZ.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: $950,000 asking price for a 4,500 square foot retail property in Bullhead City, Arizona.; Multi-tenant retail pad, consisting of three suites, situated as an outparcel to a 24-acre shopping center.; 33% occupancy, currently leased to Allied Cash Advance (corporate guarantee) since 2006; below market rent.
    Request Owner's contact information
    2350 Miracle Mile Bullhead City, AZ 86442
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2350 Miracle Mile
    Bullhead City, AZ 86442
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2350 Miracle Mile Bullhead City, AZ 86442
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.