967 Hancock RdBullhead City, AZ 86442

Property Details for 967 Hancock Rd

Year built

1987

Construction

CONCRETE

Lot size

0.37 AC

Property size (Sq ft)

1,664 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

214-50-009

APU

21450009

Description

This exceptional mixed-use property, located at 967 Hancock Rd in Bullhead City, Arizona, presents a unique investment opportunity. Situated on a one-acre lot in a high-traffic area at the intersection of Hancock Road and Lakeside, this 30,259 square foot building offers significant potential for a variety of commercial ventures. The property's versatile design and ample space make it ideal for businesses requiring large floor plans. Currently, one suite is available within the multiple-tenancy building. The building features a convenient roll-up door at the rear, providing easy access for loading and unloading. The electrical system is a Phase 3 setup, capable of handling significant power demands. The property's location in Mohave County, Arizona, zip code 86442, offers excellent visibility and accessibility. Its size and features suggest suitability for uses such as a furniture store, indoor swap meet, or similar large-scale retail or commercial operations. This is a rare opportunity to acquire a substantial commercial property in a thriving Arizona market. The property's potential is further enhanced by its prime location and existing infrastructure. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $655,406

  6.5%

  $604,990

  7%

  $561,776

• Comparable approach

  Method

  Valuation

  Relative Method

  $840,124

  Geo Method

  $840,124

• Alternative Use

  Use

  Valuation

  Residential

  $510,332

  Hospitality

  $467,461

  Educational

  $388,922

  Medical

  $402,298

  Retail

  $604,990

Location Insight

City

Bullhead City

County

Mohave

State

Arizona

Latitude

35.1083

Longitude

-114.615

CBSA code

29420

CBSA name

LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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