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Former Dental Office | On Major Connector 3015 Highway 95 6,218 SF Vacant Office Building Online Auction Sale Bullhead City, AZ 86442
Matterport 3D Tour
Investment Highlights
- Investors and owner/users can capitalize on this vacant former dental office ready for new use in Bullhead City, Arizona.
- Abundant retail is close by with Walmart Supercenter, Panda Express, CVS, Arby’s, Jack in the Box, and many more within a quick drive.
- Positioned in an Opportunity Zone, allowing investors and owner/users to take advantage of the potential tax incentives this area offers.
- Situated at the Arizona-Nevada border, this property is positioned along the Mojave Valley Highway, a major connector for the area.
- Highway 95 is a highly trafficked road drawing in significant consumers to the area with over 30,000 vehicles passing by per day.
Executive Summary
NAI Columbia is pleased to present 3015 Highway 95 in Bullhead City, Arizona, an opportunity for an owner/occupied or value-add investor.
This 6,218-square-foot vacant medical office building consists of two stories and offers buyers well-designed floor plans suitable for a variety of uses. Originally constructed in 2002, the property has been meticulously maintained, ensuring a seamless transition for new ownership. The building showcases distinctive Spanish-style architecture with red clay roof tiles, presenting a distinguished and attractive exterior. It also features professionally landscaped grounds and ample parking, creating a welcoming environment for both visitors and tenants. Previously utilized as a dental office, the property includes a combination of waiting areas, private exam rooms, and office spaces. Highly versatile, the building can be reimagined to align with the new owner's vision. Investors have the opportunity to lease the space to multiple tenants, thereby maximizing net operating income. Alternatively, owner/users may customize the premises to suit their business operations.
Located in Bullhead City, this property is perfect for buyers looking for their next venture. It’s only 11 minutes from Western Arizona Regional Medical Center, making it an attractive option for medical operators seeking regional synergy. Situated just off Highway 95, which experiences high daily traffic, the area is conveniently near both the Nevada and Arizona border, providing access to major metropolitan areas. The location sits along a key connector road surrounded by well-known retailers, which boosts traffic. Popular stores like Target, Culver’s, Kohl’s, Hobby Lobby, and others are found north and south along Highway 95, adding to the property’s appeal.
The area's demographics bode well for both investors and owner/operators. The local population is growing, and most homes within 5 miles are owner-occupied, showcasing a strong consumer base in Bullhead City. Over 15,700 people work in the area, which points to ongoing growth. With spending power topping $592 million nearby, this region has a lot of potential for businesses to tap into.
Property tours are available by appointment only. Please contact the listing broker to schedule.
This 6,218-square-foot vacant medical office building consists of two stories and offers buyers well-designed floor plans suitable for a variety of uses. Originally constructed in 2002, the property has been meticulously maintained, ensuring a seamless transition for new ownership. The building showcases distinctive Spanish-style architecture with red clay roof tiles, presenting a distinguished and attractive exterior. It also features professionally landscaped grounds and ample parking, creating a welcoming environment for both visitors and tenants. Previously utilized as a dental office, the property includes a combination of waiting areas, private exam rooms, and office spaces. Highly versatile, the building can be reimagined to align with the new owner's vision. Investors have the opportunity to lease the space to multiple tenants, thereby maximizing net operating income. Alternatively, owner/users may customize the premises to suit their business operations.
Located in Bullhead City, this property is perfect for buyers looking for their next venture. It’s only 11 minutes from Western Arizona Regional Medical Center, making it an attractive option for medical operators seeking regional synergy. Situated just off Highway 95, which experiences high daily traffic, the area is conveniently near both the Nevada and Arizona border, providing access to major metropolitan areas. The location sits along a key connector road surrounded by well-known retailers, which boosts traffic. Popular stores like Target, Culver’s, Kohl’s, Hobby Lobby, and others are found north and south along Highway 95, adding to the property’s appeal.
The area's demographics bode well for both investors and owner/operators. The local population is growing, and most homes within 5 miles are owner-occupied, showcasing a strong consumer base in Bullhead City. Over 15,700 people work in the area, which points to ongoing growth. With spending power topping $592 million nearby, this region has a lot of potential for businesses to tap into.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Matterport 3D Tour
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Purchase Agreement
- Operating and Financial Statements
- Title and Insurance
- Miscellaneous
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Medical
Building Size
6,218 SF
Building Class
C
Year Built
2002
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,487 SF
Building FAR
1.19
Lot Size
0.12 AC
Opportunity Zone
Yes
Parcel Numbers
Zoning
C2 - General Commercial
Parking
7 Spaces (1.13 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
About Payson
The city of Payson sits along State Route 87, which connects Phoenix to cities in northern Arizona. Travelers from the Valley of the Sun will often make the 90-minute drive northeast to access Payson’s temperate climate, natural beauty, and recreation options. Tonto National Forest and Mogollon Rim surround the city, offering both residents and tourists numerous hiking, fishing, skiing, camping, and other outdoor activities. Aside from its proximity to Phoenix, Payson’s central location is attractive for accessing Prescott Valley, Flagstaff, and Eastern Arizona, which are all a short drive away.
Housing options in Payson are affordable compared to major metros, which encourages relocations to the city. As a result, the area has seen steady population growth over the past decade, with projections for further gains in the coming years. The Payson Campus of Gila Community College (Eastern Arizona College) supplies the area with skilled labor that expanding businesses can draw upon.
The Payson office market offers investors assets that generally trade at a discount compared to Phoenix, while often achieving higher yields. Additionally, the area has very limited construction activity, which reduces the risk of new supply and benefits existing owners.
Demographics
Demographics
1 mile
3 mile
5 mile
2024 Population
2,613
29,162
53,553
2020 Population
2,154
26,070
48,582
2029 Population
2,927
32,293
59,061
2024-2029 Projected Population Growth
12.0%
10.7%
10.3%
Daytime Employees
1,312
10,605
15,764
Total Businesses
233
1,362
2,233
Average Household Income
$57,664
$53,522
$54,823
Median Household Income
$43,384
$38,654
$39,332
Total Consumer Spending
$32.6M
$317.9M
$592.3M
Median Age
61.6
52.3
52.8
2024 Households
1,249
12,574
23,726
Percent College Degree or Above
13%
7%
7%
Average Home Value
$277,321
$231,315
$238,903
Sale Advisors
Sale Advisors
Patrick Palmer, Director of Retail Services | Principal
Patrick Palmer is a Principal and Broker with NAI Columbia and has extensive experience across the southeast in brokerage and development. Palmer’s primary focus is retail and general commercial. Before joining NAI Columbia, Palmer served as President and Broker in Charge of IAP Company, a family-owned real estate enterprise that has developed real estate for over 50 years in Columbia. Palmer has been a member of ICSC since 2000, and in 2006, he obtained the prestigious CCIM (Certified Commercial Investment Member) award and subsequently served on several national committees and now has a seat on CCIM’s National Board of Directors.
From 2003 to 2014, Palmer served on the Richland County Planning Commission where he chaired the commission for six of those years. In 2022, Palmer transacted over 37 million dollars in CRE sales and leases and has been named the Retail Leasing Power Broker of the Year and Quarter multiple times, most recently in 2022. Over the past 23 years, Patrick’s real estate experience included: landlord/tenant representation; site selection; land acquisition; disposition and development; buyer/seller representation; investment sales; and zoning and permitting processing.
From 2003 to 2014, Palmer served on the Richland County Planning Commission where he chaired the commission for six of those years. In 2022, Palmer transacted over 37 million dollars in CRE sales and leases and has been named the Retail Leasing Power Broker of the Year and Quarter multiple times, most recently in 2022. Over the past 23 years, Patrick’s real estate experience included: landlord/tenant representation; site selection; land acquisition; disposition and development; buyer/seller representation; investment sales; and zoning and permitting processing.
Bobby Balboni, CCIM, Broker
Bobby joined NAI as a brokerage associate in June 2019 after interning with the firm during his junior and senior year at the University of South Carolina. Bobby works alongside Patrick Palmer, Principal and Director of Retail Services. Their team’s focus is on retail and general commercial properties in the Midlands. Bobby specializes in landlord, seller and tenant representation. Bobby graduated Summa Cum Laude from the University of South Carolina in May of 2019, where he studied Finance and Real Estate. During his undergrad years Bobby tutored peers in finance and accounting courses, served as the Sports Editor for The Daily Gamecock, and was a member of the Carolina Finance & Investment Association. Before moving to Columbia, Bobby grew up on Buzzards Bay in southeastern Massachusetts.
Sam Edens, Brokerage Associate
Born and raised in Columbia, South Carolina, Sam enjoys outdoor activities such as golfing and hunting. He joined NAI Columbia in July of 2024 upon graduating with a major in Retail Management, at the University of South Carolina. After interning with Patrick Palmer and Bobby Balboni for half a year, he has officially joined as a member of the team, leveraging their diverse range of experience to cater to their clients’ needs across the Midlands.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Molly Patten
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr LC66291000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Former Dental Office | On Major Connector | 3015 Highway 95
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