Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1851 Commander Dr Lake Havasu City, AZ 86403

    Sponsored
    For Lease
    $10,000 /Mo ($15 SF/Yr)

    COMMERCIAL - Lake Havasu City, AZ

    Property size:
    7,968 SF
    Lot size:
    0.47 Acres
    Days on Market:
    23
    Last Refresh:
    Feb 4 at 1:06 pm

    Property Features for 1851 Commander Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    106-13-001
    Fencing
    Chain Link
    Size
    7,968 SF
    Lot size
    0.47 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1978
    Number of units
    3
    Flooring type
    Vinyl
    Building materials
    Steel Frame
    Roof type
    Metal

    We can help!

    Listing Contact
    Raul Ballas
    Raul Ballas

    Mohave Realty (928) 855-0101

    Listing agent Raul Ballas (714) 686-0018

    Listing date Jan 13, 2026

    MLS# 1037123

    Copyright © 2026 Lake Havasu Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Lake Havasu City Warehouse Space

    This light industrial warehouse building, located right off Lake Havasu Ave in Lake Havasu City, Arizona, features recent upgrades including exterior and office paint, LED lighting, and fully air-conditioned warehouse spaces ready for immediate occupancy. The property includes new epoxy floors, office vinyl/carpet, doors, cabinets, toilets, and sinks. A large mezzanine is accessible by forklift. The property also features a large secured outside storage area with back-to-back privacy fencing and gates. There are four restrooms, with two located in the office area and two in the warehouse. The layout includes four private offices, a kitchen area, and an open lobby reception area or showroom. The front roll-up doors are 14 feet wide, while the rear doors are 20 feet wide. The building has a total area of 7968 square feet and is situated on a 0.47-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Our Lady of the Lake ... Food Bank

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Countryshire Boat & RV Storage, Alley Way Storage, 1595 Storage LLC, London Bridge Mini Storage, Hav-A-Storage

    Location Insight

    • Map
    • Local Demand
    City
    Lake Havasu City
    County
    Mohave
    State
    Arizona
    Longitude
    -114.346204
    Latitude
    34.497193

    Nearby Similar for Lease

    • $7,500 /Mo
      6,355 SF

      Versatile Commercial Building in Lake Havasu

      6,354 SF commercial building suitable for medical, office, or mixed-use.
      285 Lake Havasu Ave S, Lake Havasu City, AZ 86403
      View Details
    • $11,000 /Mo
      5,111 SF

      Prime Commercial Corner on HWY 95

      High-visibility commercial property on a premier corner in Lake Havasu.
      951 N Lake Havasu Ave, Lake Havasu City, AZ 86403
      View Details
    • $2,620 /Mo
      16,522 SF

      Updated Medical Office in Havasu

      Updated medical office in Lake Havasu's Medical District for rent.
      1720 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details
    • $2,750 /Mo
      3,875 SF

      Lake Havasu Office with Garage

      Remodeled office space with attached garage and lake views.
      285 Lake Havasu Ave S, Lake Havasu City, AZ 86403
      View Details
    • $14,900 /Mo
      9,763 SF

      Versatile Industrial Space Available

      9,763 sq ft light-industrial space in Lake Havasu City.
      1105 Aviation Dr, Lake Havasu City, AZ 86404
      View Details
    • $5,000 /Mo
      4,000 SF

      Times Square Corner Office Space

      Premier 4,000 SF office space in Lake Havasu City.
      1600 Mcculloch Blvd N unit 1A/2A, Lake Havasu City, AZ 86403
      View Details
    • $3,500 /Mo
      2,160 SF

      Industrial Space Near Windsor Ramp

      2,160 SF flex space near Windsor launch ramp.
      1585 Industrial Blvd, Lake Havasu City, AZ 86403
      View Details
    • $2,670 /Mo
      15,910 SF

      Lake Havasu City Medical Space

      Class A medical space in Lake Havasu City for lease.
      297 Lake Havasu Ave, Lake Havasu City, AZ 86403
      View Details
    • $9,800 /Mo
      Pending

      Versatile Commercial Building with Bay Doors

      7,058 sqft commercial building with bay doors and office space.
      1891 Industrial Blvd, Lake Havasu City, AZ 86403
      View Details
    • $4,750 /Mo
      2,480 SF

      Lake Havasu City Office Suite

      Turnkey medical/professional office with flexible space options.
      285 Lake Havasu Ave S, Lake Havasu City, AZ 86403
      View Details
    • $2,200 /Mo
      5,119 SF

      Medical Office Space For Rent

      Medical office space in prime location near hospital.
      1945 Mesquite Ave Unit, Lake Havasu City, AZ 86403
      View Details
    • $7,950 /Mo
      4,975 SF

      Industrial Warehouse with 3-Phase Power

      4,975 sq ft warehouse with 3-phase power, divisible units.
      1600 W Acoma Blvd, Lake Havasu City, AZ 86403
      View Details

    FAQs

    What type of property is this?
    Warehouse - Light industrial warehouse with recent upgrades and immediate occupancy.
    Where is this warehouse located?
    The property is located at 1851 Commander Dr Lake Havasu City, AZ.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prime location right off Lake Havasu Ave.; - Fully air-conditioned warehouse spaces are vacant and ready for immediate occupancy.; - Recent upgrades including exterior/interior paint, LED lighting, epoxy floors, new doors/cabinets, and restored restrooms.
    (714) 686-0018
    Request Owner's contact information
    1851 Commander Dr Lake Havasu City, AZ 86403
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1851 Commander Dr
    Lake Havasu City, AZ 86403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1851 Commander Dr Lake Havasu City, AZ 86403
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Raul Ballas
    Raul Ballas
    Real Estate License ID: SA677297000
    (714) 686-0018
    Learn more
    Google sign-in failed. Please try again or use another login method.