2032 Andy Devine AveKingman, AZ 86401

Property Details for 2032 Andy Devine Ave

Year built

1975

Construction

STEEL FRAME

Lot size

0.36 AC

Property size (Sq ft)

5,641 SF

Zone code

C2

Property type

Retail space

APN

311-18-082A

APU

31118082A

Description

This unique Kingman, Arizona commercial property, located at 2032 E Andy Devine Avenue, presents a compelling investment opportunity. Situated on a prime parcel in the heart of Kingman, this mixed-use building boasts a rich history as the former "Smokehouse Bar & Dance Hall," offering significant potential for redevelopment. The 1-square-foot building, constructed in 1975, sits on a valuable lot and is zoned K-C3 Comm: Service Business, allowing for diverse uses. While significant repairs are needed, the property's location on Route 66 and its proximity to N Stockton Hill Rd makes it an attractive prospect for entrepreneurs. Potential uses include mini-storage, mixed-use development, restaurants, or warehouse space. The property is offered as a 1031 exchange opportunity and is suitable for cash buyers only. The Mohave County Assessor's Parcel Number (APN) is 311-18-082A. This property offers a chance to capitalize on the vibrant Route 66 heritage and the growing Kingman community. The building's history and location combine to create a unique investment opportunity with substantial upside potential for the right buyer. The property consists of one building with one unit. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,695,460

  6.5%

  $1,565,040

  7%

  $1,453,260

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,175,380

  Geo Method

  $1,175,380

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,014,280

  Mixed-Use / Specialty

  $1,574,700

  Hospitality / Lodging

  $1,175,150

  Office

  $1,581,220

  Institutional / Educational

  $1,642,500

  Residential Income

  $1,921,730

  Multifamily

  $2,220,350

  Automotive / Energy

  $1,407,860

  Parking / Income-Based Land

  $470,781

  Restaurant / Food Service

  $851,532

  Healthcare / Senior Housing

  $1,599,200

Location Insight

City

Kingman

County

Mohave

State

Arizona

Latitude

35.1961

Longitude

-114.03

CBSA code

29420

CBSA name

LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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