Updated Office Property with Fenced
New
For Sale
$335,000
957 Marina Blvd, Bullhead City, AZ 86442
Two office areas, storage, and a private restroom support a flexible commercial layout.
Property Size1,022 SF
Lot Size0.25 Acres
Price / SF$327.79
Days on Market2
Property Features for 957 Marina Blvd
General Information
Standard status
Active
Size
1,022 SF
Lot size
0.25 Acres
Property subtype
Commercial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Land Use
commercial
Building Details
Year Built
1986
Buildings
1
Listing Agency:
Sondgeroth Real Estate Group, LLC
Listed By:
Trena Riger · License #triger
(928) 848-6280
Source:
Candacesellshavasu
Added: Sep 12
Last Checked: Sep 12 at 2:42PM
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 Sondgeroth Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This 1,022-square-foot office property, built in 1986, combines a practical interior with secured outdoor space. The layout includes two office areas, storage, and a private restroom. Recent work includes new flooring, interior and exterior paint, cabinetry, and landscaping, providing updated finishes throughout the building.
An approximately 10,800-square-foot lot adds a fully fenced yard with an electric gate. The outdoor area provides room for equipment, work vehicles, trailers, materials, and additional outdoor storage. Located at 957 Marina Blvd in Bullhead City, the property offers a combination of office improvements and usable yard area for commercial operations.
An approximately 10,800-square-foot lot adds a fully fenced yard with an electric gate. The outdoor area provides room for equipment, work vehicles, trailers, materials, and additional outdoor storage. Located at 957 Marina Blvd in Bullhead City, the property offers a combination of office improvements and usable yard area for commercial operations.
Key Highlights
- 1,022‑square‑foot office property built in 1986
- Approximately 10,800 sq. ft. lot with fully fenced yard
- Two office areas, storage space, and private restroom
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
$11,337
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
3.38%
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%
$226,740
$226.7K
Cap Rate 7%
$161,957
$162.0K
Cap Rate 9%
$125,967
$126.0K
Market Conditions
NOI Build-Up for 1,022 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
$17.8K $17.40/SF
− Vacancy
−$2.7K −$2.61/SF
EGI
$15.1K $14.79/SF
− OpEx
−$3.8K −$3.70/SF
NOI
$11.3K $11.09/SF
Area
Mohave County, AZ
Vacancy
15.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
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%
$226,740
Cap Rate 7%
$161,957
Cap Rate 9%
$125,967
Alternative Uses
Best Use
Office B
$162.0K
$141.7K – $189.0K
NOI $11,337 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$228.2K
$199.7K – $266.2K
NOI $15,973 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
494
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office space - Two office areas, storage, and a private restroom support a flexible commercial layout.
Where is this office space located?
The property is located at 957 Marina Blvd Bullhead City, AZ.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1,022‑square‑foot office property built in 1986; Approximately 10,800 sq. ft. lot with fully fenced yard; Two office areas, storage space, and private restroom
