2585 Miracle Mile, Bullhead City, AZ 86442
Built-out medical office condo in a central business district.
- Added:
- Aug 5, 2024
- Days on Market:
- 701
- Last Refresh:
- Jun 24 at 10:48 am
Property Features for 2585 Miracle Mile
General Information
- Standard status
- Active
- Size
- 2,038 SF
- Property subtype
- Office
Building Details
- Year Built
- 2000
Listing office Kidder Mathews (602) 513-5200
Listing date Aug 5, 2024
Source Crexi
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 Kidder Mathews
HighLights
- Prime central Bullhead City location in the 'Golden Mile' business district.
- Fully built‑out medical office with multiple exam rooms and sinks.
- High visibility office location along Mohave Valley Highway.
- Ample parking.
- Strategically located near prime retail activity.
- Well‑maintained property with beautiful mountain views.
Overview
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.0k | $21.60 |
| − Vacancy | −$2.9k | −$1.40 |
| EGI | $41.2k | $20.20 |
| − OpEx | −$16.5k | −$8.08 |
| NOI | $24.7k | $12.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bullhead City
- County
- Mohave
- State
- Arizona
- Longitude
- -114.5969497
- Latitude
- 35.0926412
