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    Land

    0 ±2.39Ac Norley Rnch, Pinion Pines, AZ 86401

    2.39 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.39-acre residential land parcel presents a unique investment opportunity in Kingman, Arizona. Located in Mohave County, this R-zoned property (APN 313-03-045) is priced at $228,719, or $95,698 per acre. Its strategic location offers convenient access to Interstate 40, placing it within a day's drive of major Southwestern cities, including Los Angeles, Las Vegas, and Phoenix. The property benefits from its proximity to the Chrysler Motors Proving Grounds and boasts excellent access to transportation, labor, and markets. The site is situated within a 350-mile radius of over 32 million people, making it an attractive location for various developments. Utilities are readily available, with electric and natural gas service provided by Unisource Electric & Gas Company. Water access is possible via an on-site well or through an off-site source like the Mohave Water Company. Furthermore, the property's location within an Opportunity Zone and its potential as a solar site add to its investment appeal. The property is situated near the California border and benefits from the presence of the BNSF Railway to the west. Mohave County, the fifth largest county in the U.S., boasts a population exceeding 240,000, providing a substantial local market.

    Property profile
    Verified
    Property type Land
    Lot 2.39 ac (104,108 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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