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    FOR SALE
    Office buildings

    1370 Ramar Rd, Bullhead City, AZ 86442

    4,426 SF 0.39 ac lot Built 1992
    Individually Owned 10-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US07-1005482
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 1370 Ramar Rd in Bullhead City, Arizona (zip code 86442), presents a unique owner-user investment opportunity. The building, constructed in 1992, boasts a desirable two-story design situated on a 0.39-acre lot (APN 214-22-015A). Currently configured as a four-unit commercial building, it offers excellent visibility and accessibility. The property benefits from high traffic exposure due to its strategic location at the intersection of Ramar Road and Highway 95, ensuring significant foot and vehicle traffic. The building features wheelchair access on both levels, promoting inclusivity and convenience. Previously used as an accounting office, the space is move-in ready, offering immediate occupancy for a professional business. The asking price for this turnkey investment is $749,000. This represents a compelling opportunity to acquire a well-maintained, strategically located commercial property in a thriving Arizona market. The property's versatile layout and prime location make it suitable for a variety of commercial uses. Don't miss this chance to own a piece of Bullhead City's vibrant commercial landscape.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1992
    Construction CONCRETE
    Total area 4,426 SF
    Lot 0.39 ac (16,988 SF)
    APN 214-22-015A
    UPID US07-1005482
    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
    Current use
    Occupant on record · Public records
    • Colorado River Hearing Centers Medical Clinic
    • Larry D. Waters, AUD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $725k
    Blend (final) Blend
    $725k
    Owner & transaction history
    Themistoklis Kyriakopoulos · 10 yrs held
    Themistoklis Kyriakopoulos
    since 2016
    3 recorded transactions
    2016
    $175,000
    2004
    2004
    $139,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $525,000 +55.3%
    Medical building $515,000 +52.6%
    Retail stores $480,000 +43.1%
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    More about this property
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