Question received: "Hi, this property is valued at $52,000 by the Mohave County appraisers. Why so high of an asking price when there is so much work that needs to be dfone with this?"
We value all input and questions we receive on any of our properties. We do post some of the questions and answers to help other potential buyers answer their questions. However, we do never disclose any personal details of clients, inquiries etc.. Confidentiality is our number 1 goal.
Our answer: "Hi Mrs. Client,
thank you for your inquiry about the Santa Claus Commercial Land.
I appreciate your concern about the pricing of our land, and I'm wondering
if you even need commercial land. Residential acreage is so inexpensive,
that I would be glad to connect you with someone that can offer you lots
of dirt cheap land.
The land we offer is unique. It is the largest available and commercial
zoned property (over 2 acres) fronting Highway 93, between Kingman, AZ and
the Nevada border. A stretch of 75.8 miles, or a 72-minute drive. It is
ideal for a truck stop, gas station or other similar use. On top of that,
it has a rare highway crossover, making the property accessible to both,
northbound and southbound traffic, thus contributing to the uniqueness of
the property.
Also, The Mohave County Tax assessor does not show the real market value
of a property. They have their own internal appraising codes to calculate
what they assess the value with for taxing purposes. That calculation must
be so much lower, so that people can afford their property taxes. If they
assess based on the real market value, nobody could afford their taxes and
the economy would be a disaster. The county where you live does most
likely the same. Most counties do. If you have a tax bill, look at the
bill and then think if that is your property's real value. It's not.
Just for example, there was a property along Hwy 93, that sold in 2013 for
$500,000. It was not zoned commercial, but for mobile homes. The property
today has an assesed limited value of $11,906, or a Limited Value of
$62,661. By far not the $500,000, which was the real market value.
Our property is being assessed with a Limited Value of $59,010.
The buildings in our land are probably not worth saving. This is a
commercial opportunity, and at this time, the highest and best use would
probably be to build a commercial center of some kind. Most likely a truck
stop, gas station with restaurant etc.
If you'd still be interested in our land, let me know what you had in
mind. I would be glad to discuss this further, and if you are a Cash
Buyer, we certainly entertain offers. If you are seriously interested,
let's talk in the next couple of days.
If you'd rather talk to my friend about cheap residential acres, I would
be glad to refer you over.
Either way, I appreciate your input and am looking forward hearing from
you soon again.
Sincerely,
Andreas Adrian"
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