Property profile

5222 Grossman Rd Kingman, AZ 86401

OFF-MARKET
Land
Property ID
US07-1287485
1.28 ac lot
Individually Owned 5-yr Hold
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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 Land
Lot 1.28 ac (55,757 SF)
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

Location

5222 Grossman Rd Kingman, AZ 86401
Kingman metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2020
3 recorded transactions
2020
$5,500
2020
$31,449
2020
$1,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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