3303 Northern AveKingman, AZ 86409

Property Details for 3303 Northern Ave

Year built

1984

Lot size

0.50 AC

Property size (Sq ft)

2,991 SF

Property type

Retail space

APN

324-16-023

APU

32416023

Description

This exceptional commercial property, located at 3303 East Northern Avenue in Kingman, Arizona, presents a significant investment opportunity. Spanning 2.07 acres of land, the property features a substantial steel building warehouse totaling 2,991 square feet. The warehouse offers ample space for various commercial uses, providing flexibility for a wide range of businesses. A portion of the property is already fenced, enhancing security and providing defined areas. The existing structure includes potential office space, allowing for efficient separation of workspace and storage. The property's prominent location on Northern Avenue ensures high visibility and accessibility, making it an ideal location for businesses seeking a strong presence in the Kingman market. The expansive lot size offers significant room for expansion or future development, catering to businesses with growth plans. With its combination of warehouse space, potential office areas, and generous land size, this property is well-suited for a variety of commercial ventures. The asking price of $350,000 represents a compelling value for a property of this size and potential in a growing Arizona market. This is a rare opportunity to acquire a substantial commercial property in a desirable location. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,178,076

  6.5%

  $1,087,455

  7%

  $1,009,779

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,510,102

  Geo Method

  $1,510,102

• Alternative Use

  Use

  Valuation

  Residential

  $917,309

  Hospitality

  $840,250

  Educational

  $699,078

  Medical

  $723,120

  Retail

  $1,087,455

Location Insight

City

Kingman

County

Mohave

State

Arizona

Latitude

35.2545

Longitude

-113.999

CBSA code

29420

CBSA name

LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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