Climate Controlled Storage
For Sale
$134,000
A12-2599 E Laughlin Ranch Blvd, Bullhead City, AZ 86429
Climate controlled storage condo includes electric, water, and sewer with keyless automated app entry access.
Property Size750 SF
Price / SF$178.67
Days on Market64
Property Features for A12-2599 E Laughlin Ranch Blvd
General Information
Standard status
Active
Size
750 SF
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
climate controlled
community restrooms with showers
boat and RV wash bay
RV dump station
50 foot wide concrete drive lanes
keyless access control with app based entry
automatic 14 foot overhead garage door
overhead lighting with 20 amp power plug
secure facility with camera surveillance
Listing Agency:
BH Keller Williams Arizona Living Realty
(928) 219-5482
Listed By:
Arianna Romero · License #SA702360000
(928) 279-7177
Source:
Exprealty
Added: Jul 6
Changed: Sep 5
Last Checked: Sep 7 at 11:42AM
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 BH Keller Williams Arizona Living Realty
Investment Insights
Based on property information with market context.
This sale opportunity offers a self-storage condo unit in Toy Shack Storage, designated Unit A12. The unit provides versatile storage space with electric, water, and sewer services, and features climate control. An automatic 14-foot overhead garage door supports straightforward vehicle and equipment access, with overhead lighting and a 20 amp power plug to support onsite needs.
Toy Shack Storage is designed for secure, convenient use, with keyless access control and fully automated app-based entry. The facility includes camera surveillance, well-lit common areas, and community restrooms with showers. Additional amenities include a boat and RV wash bay, an RV dump station, and 50-foot wide concrete drive lanes.
Unit A12 measures 15 by 50 feet, offering practical storage capacity for items such as RVs, boats, classic cars, off-road vehicles, and business equipment, subject to each owner’s intended use.
Toy Shack Storage is designed for secure, convenient use, with keyless access control and fully automated app-based entry. The facility includes camera surveillance, well-lit common areas, and community restrooms with showers. Additional amenities include a boat and RV wash bay, an RV dump station, and 50-foot wide concrete drive lanes.
Unit A12 measures 15 by 50 feet, offering practical storage capacity for items such as RVs, boats, classic cars, off-road vehicles, and business equipment, subject to each owner’s intended use.
Key Highlights
- 750 SF storage condo (15' x 50') in Building A with climate control
- Unit A12 includes electric, water, and sewer hookups
- Keyless, automated app‑based entry access
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
$7,279
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
5.43%
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%
$145,580
$145.6K
Cap Rate 7%
$103,986
$104.0K
Cap Rate 9%
$80,878
$80.9K
Market Conditions
NOI Build-Up for 750 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
$9.7K $12.96/SF
− Vacancy
−$1.2K −$1.54/SF
EGI
$8.6K $11.42/SF
− OpEx
−$1.3K −$1.71/SF
NOI
$7.3K $9.71/SF
Area
Mohave County, AZ
Vacancy
11.90%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
15.00%
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%
$145,580
Cap Rate 7%
$103,986
Cap Rate 9%
$80,878
Alternative Uses
Best Use
Warehouse
$104.0K
$91.0K – $121.3K
NOI $7,279 @ 7.0% cap · market cap 5.43%
Second Best
Self Storage
$99.4K
$86.9K – $115.9K
NOI $6,955 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$167.5K
$146.5K – $195.4K
NOI $11,722 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 86429, AZ
7,708
Population
5,509
Households
1.4
Avg Household Size
61
Median Age
17%
College-Educated
89%
High-School Grad
274.8 sq mi
ZIP Area
28
Density / Sq Mi
$53,113
Median Household Income
$33,929
Median Earnings
$1,076
Median Rent
$319,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Climate controlled storage condo includes electric, water, and sewer with keyless automated app entry access.
Where is this self storage facility located?
The property is located at A12-2599 E Laughlin Ranch Blvd Bullhead City, AZ.
What is the asking price?
The asking price for this property is $134,000.
What are key features of this property?
This property features: 750 SF storage condo (15' x 50') in Building A with climate control; Unit A12 includes electric, water, and sewer hookups; Keyless, automated app‑based entry access
