5222 Grossman Rd, Kingman, AZ 86401
This exceptional 1.28-acre commercial land parcel presents a unique investment opportunity in Kingman, Arizona. Located at 5222 E GROSSMAN Road, this property boasts convenient access to the Airport Industrial Corridor and Highway 66 via a nearby dirt road. Its proximity to the Kingman Airport and the Kingman Industrial Park, a significant commercial and distribution hub, offers unparalleled potential for various business ventures. The property's location within Mohave County, the second largest county in Arizona, benefits from some of the state's lowest tax rates. Kingman's designation as an Opportunity Zone provides additional financial incentives for investors. The ongoing development of the I-11 corridor, connecting Nogales, Arizona, to Las Vegas, Nevada, promises significant future growth and economic development in the region, further enhancing the property's long-term value. This parcel, with its APN 310.00-18.00-2.00, is ready for immediate development, making it an ideal choice for entrepreneurs and investors seeking to capitalize on Kingman's burgeoning commercial landscape. The property is zoned for commercial use and offers a blank canvas for a wide range of business applications. Don't miss this chance to secure a piece of Kingman's future. The asking price is $128,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.