3001 Stockton Hill RdKingman, AZ 86401

Property Details for 3001 Stockton Hill Rd

Year built

1988

Construction

CONCRETE

Lot size

0.59 AC

Property size (Sq ft)

6,533 SF

Property type

Commercial real estate

APN

320-14-220G

APU

32014220G

Description

This exceptional 0.59-acre mixed-use property at 3001 Stockton Hill Road in Kingman, Arizona, presents a compelling investment opportunity. Strategically located just 0.3 miles from I-40, this property enjoys high visibility on Stockton Hill Road, offering excellent signage potential. Currently partially leased, it provides immediate income generation and the potential for owner-occupancy. The property's multi-use zoning allows for continued operation as a retail center or conversion to apartments, subject to necessary approvals. Additionally, drive-thru zoning is available, opening possibilities for a variety of businesses such as a pizza restaurant or other retail establishments. This presents a unique chance to capitalize on a proven income stream while exploring diverse expansion options. The property's location in a high-traffic area of Kingman ensures consistent exposure and potential for attracting new, long-term tenants. The low-maintenance nature of the property further enhances its appeal to investors seeking a streamlined and profitable venture. This is an ideal opportunity for those seeking a flexible and high-return investment in a prime Kingman location. The asking price is $849,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,983,850

  6.5%

  $1,831,250

  7%

  $1,700,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,308,890

  Geo Method

  $1,308,890

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,490,930

  Retail / Commercial

  $1,812,520

  Mixed-Use / Specialty

  $1,823,710

  Hospitality / Lodging

  $1,360,970

  Office

  $1,831,250

  Institutional / Educational

  $1,902,230

  Residential Income

  $2,225,600

  Multifamily

  $2,571,450

  Automotive / Energy

  $1,630,480

  Parking / Income-Based Land

  $545,225

  Restaurant / Food Service

  $986,182

  Healthcare / Senior Housing

  $1,852,080

Location Insight

City

Kingman

County

Mohave

State

Arizona

Latitude

35.2127

Longitude

-114.036

CBSA code

29420

CBSA name

LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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