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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    5222 Grossman Rd, Kingman, AZ 86401

    1.28 ac lot
    Individually Owned 5-yr Hold
    Property ID
    US07-1287485
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.28 ac (55,757 SF)
    APN 310.00-18.00-2.00
    UPID US07-1287485
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Shawn White · 5 yrs held
    Shawn White
    since 2020
    3 recorded transactions
    2020
    $5,500
    2020
    $31,449
    2020
    $1,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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