Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    00 Airway Ave Kingman, AZ 86401

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 00 Airway Ave

    Property type
    Land

    Description

    This exceptional 63,453 square foot commercial land parcel presents a unique investment opportunity in Kingman, Arizona. Located at 00 Airway, this corner lot boasts prominent frontage on both Airway and Western avenues, ensuring high visibility and accessibility. The property's strategic location is further enhanced by its proximity to a kidney clinic and Mohave Mental Health, creating a synergistic environment for healthcare-related businesses. A new medical facility is slated for construction on an adjacent lot in the spring of 2016, further bolstering the area's growth potential. The permitted zoning, K-C3 Comm: Service Business, allows for a diverse range of commercial uses, making this property suitable for medical offices, retail establishments, restaurants, or other service-oriented businesses. The property's APN is 320-03-236. This is a rare opportunity to acquire a substantial commercial lot in a rapidly developing area of Kingman, offering significant potential for long-term growth and return on investment. The asking price is $659,000. The property is located in Mohave County, Arizona, zip code 86401.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kingman
    County
    Mohave
    State
    Arizona
    Longitude
    -113.858
    Latitude
    35.1116

    Comparable in this City

    • Value Estimation by Request
      2.39 Acres

      ±2.39Ac Norley Rnch

      Land • 2.39 Acres
      0 ±2.39Ac Norley Rnch, Pinion Pines, AZ 86401
      View Details
    • Value Estimation by Request
      0.11 Acres

      Jewel St

      Land • 0.11 Acres
      0 Jewel St, Kingman, AZ 86401
      View Details
    • Value Estimation by Request
      37.00 Acres

      Tbd Airway Ave

      Land • 37.00 Acres
      0 Tbd Airway Ave, Kingman, AZ 86401
      View Details
    • Value Estimation by Request
      240.00 Acres

      California Dr

      Farms • 240.00 Acres
      0 California Dr, Kingman, AZ 86401
      View Details
    • Value Estimation by Request
      1.28 Acres

      5222 Grossman Rd

      Investment properties • 1.28 Acres
      5222 Grossman Rd, Kingman, AZ 86401
      View Details
    • Value Estimation by Request
      0.66 Acres

      Topeka St And Pate Rd

      Investment properties • 0.66 Acres
      0 Topeka St And Pate Rd, Kingman, AZ 86401
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Kingman, AZ Land Opportunity

      0.18 acre lot near Valle Vista golf course.
      333-18-119 Cave Cyn Dr, Kingman, AZ 86401
      View Details
    • $742,000
      42.40 Acres

      I-40 Frontage Kingman Land

      42 Acres, Multi-Use Potential, I-40 Access
      I-40 Frontage Rd, Pinion Pines, AZ 86401
      View Details
    • Contact for pricing
      10.48 Acres

      Kingman Land with 360 Views

      10+ acre parcel with panoramic views near Kingman, Arizona.
      E Salome Dr, Kingman, AZ 86401
      View Details
    • $133,000
      37.89 Acres

      Kingman, AZ Land Parcel

      37.89 acre parcel with commercial potential in Kingman, AZ.
      21 F-2 S Silverado Pkwy W, Kingman, AZ 86401
      View Details
    • $228,719
      2 SF

      Opportunity Zone Land Near I-40

      Land site close to I-40, potential solar site.
      ±2.39Ac Norley Rnch, Kingman, AZ 86401
      View Details
    • Contact for pricing
      40.00 Acres

      Kingman, AZ Off-Grid Land

      40 acres of off-grid land in Kingman, Arizona.
      Kingman, AZ 86401
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo

      I-40 Interchange Retail Land

      Commercial land for rent with I-40 interchange frontage.
      3137 E Andy Devine Ave, Kingman, AZ 86401
      View Details
    • $0.57 SF/Yr
      620,000 SF

      Kingman Manufacturing Facility For Rent

      620,000 SF manufacturing facility with heavy power and rail service.
      4200 N Industrial Blvd, Kingman, AZ 86401
      View Details
    • Contact for pricing
      5,000 SF

      Retail Pads Available For Rent

      Retail spaces available with pylon signage and highway access.
      3123 N Stockton Hill Rd, Kingman, AZ 86401
      View Details
    • $150 SF/Yr
      1,500 SF

      Motor ave

      Office buildings
      1921 motor ave, Kingman, AZ 86401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    00 Airway Ave
    Kingman, AZ 86401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.