Self-Storage Unit with Overhead
For Sale
$86,000
B47-2599 E Laughlin Ranch Blvd, Bullhead City, AZ 86429
Secure storage unit with electric, water, and sewer, plus automatic 14-foot overhead garage door and app-based keyless access.
Property Size630 SF
Price / SF$136.51
Days on Market69
Property Features for B47-2599 E Laughlin Ranch Blvd
General Information
Standard status
Active
Size
630 SF
Amenities
community restrooms with showers
boat and RV wash bay
RV dump station
50 foot wide concrete drive lanes
state of the art keyless access control with fully automated app based entry
automatic 14 foot overhead garage door
overhead lighting with a 20 amp power plug
secure, well lit 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 9
Last Checked: Sep 12 at 11:12AM
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.
Unit B47 at Toy Shack Storage is a secure storage space offering 630 square feet (14' x 45'), equipped with electric, water, and sewer. The unit features an automatic 14-foot overhead garage door, overhead lighting, and a 20 amp power plug for equipment that needs reliable power.
Toy Shack Storage is positioned in Bullhead City with convenient access to the Colorado River, Lake Mohave, Highway 95, and Laughlin Ranch Golf Course. The facility includes state-of-the-art keyless, app-based entry and camera surveillance, along with community restrooms with showers.
On-site amenities are designed for outdoor gear, including a boat and RV wash bay and an RV dump station, with 50-foot wide concrete drive lanes to support easy movement throughout the property.
Toy Shack Storage is positioned in Bullhead City with convenient access to the Colorado River, Lake Mohave, Highway 95, and Laughlin Ranch Golf Course. The facility includes state-of-the-art keyless, app-based entry and camera surveillance, along with community restrooms with showers.
On-site amenities are designed for outdoor gear, including a boat and RV wash bay and an RV dump station, with 50-foot wide concrete drive lanes to support easy movement throughout the property.
Key Highlights
- Unit B47 provides 630 SF (14' x 45') of secure storage at Toy Shack Storage.
- Includes electric, water, and sewer service to the unit.
- Automatic 14‑foot overhead garage door with overhead lighting and a 20 amp power plug.
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
$6,114
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
7.11%
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%
$122,280
$122.3K
Cap Rate 7%
$87,343
$87.3K
Cap Rate 9%
$67,933
$67.9K
Market Conditions
NOI Build-Up for 630 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
$8.2K $12.96/SF
− Vacancy
−$972 −$1.54/SF
EGI
$7.2K $11.42/SF
− OpEx
−$1.1K −$1.71/SF
NOI
$6.1K $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%
$122,280
Cap Rate 7%
$87,343
Cap Rate 9%
$67,933
Alternative Uses
Best Use
Warehouse
$87.3K
$76.4K – $101.9K
NOI $6,114 @ 7.0% cap · market cap 7.11%
Second Best
Self Storage
$83.5K
$73.0K – $97.4K
NOI $5,842 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$140.7K
$123.1K – $164.1K
NOI $9,846 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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 - Secure storage unit with electric, water, and sewer, plus automatic 14-foot overhead garage door and app-based keyless access.
Where is this self storage facility located?
The property is located at B47-2599 E Laughlin Ranch Blvd Bullhead City, AZ.
What is the asking price?
The asking price for this property is $86,000.
What are key features of this property?
This property features: Unit B47 provides 630 SF (14' x 45') of secure storage at Toy Shack Storage.; Includes electric, water, and sewer service to the unit.; Automatic 14‑foot overhead garage door with overhead lighting and a 20 amp power plug.
