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    1905 Victoria Farms Rd. #250 Lake Havasu City, AZ 86404

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    Pending
    $165,000

    LAND - Lake Havasu City, AZ

    Lot size:
    0.06 Acres
    Added:
    Jan 15, 2026
    Days on Market:
    103
    Last Refresh:
    Apr 28 at 11:06 pm

    Property Features for 1905 Victoria Farms Rd. #250

    General Information

    Property type
    Land
    Property subtype
    Other
    Pool private
    1
    Standard status
    Pending
    APN
    120-51-080
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    AMENDED HAVASU RV RESORT PHASE II LOT 250 120-03-056 & 057(120-51 -001 THRU 105 & REM PROP 120-03-058)2006 TAX YR
    Tax Annual Amount
    558

    We can help!

    Listing Contact
    Sher Baughn
    Sher Baughn

    Listing agent Sher Baughn License #SA664372000

    Listing office Judy Muselman Properties 161 Swanson Ave Ste A, Lake Havasu City, AZ

    Listing date Jan 15, 2026

    MLS# 1038887 Listing URL

    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.

    Overview

    RV Resort Lot with Casita

    This property features a large lot in a beautiful area, complete with a babbling brook at the rear. The lot is designed to accommodate an RV and three additional vehicles, with the RV required to be 10 years old or newer, or pass an inspection, and have a living area of at least 25 feet. The property includes a casita equipped with a toilet, sink, cupboards, washer, dryer, and refrigerator. A screened ramada provides storage space for a golf cart or recreational vehicle. Soft water is supplied to the casita. Located within a gated RV resort with deeded lots, paved streets, and street lights, residents have access to a clubhouse, activity center, two pools, two spas, and two laundry areas, as well as a fitness center. Recreational amenities include a nine-hole putt-putt course, putting green, bocce ball court, horseshoe pits, and pickleball court. Indoor entertainment options include a pool table and poker tables, with various card games and arts and crafts activities such as quilting, painting, and beading. The resort also offers golf, recreational vehicle riding groups, pistol shooting, corn hole, dances, dance lessons, exercise groups, and boating opportunities. Dance weeks feature performances by the resort's own band or outside bands brought in periodically. The resort has a 4.6-star rating.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Havasu RV Lots Real Estate Agency Lake Havasu Mobile ... Car Wash Havasu RV Resort Campground & RV Park CotoiaChristianTravel Travel Agency

    Suggested Use

    Real Estate Agency Law Firm Building Supply Pharmacy Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Garden Center Travel Agency Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Havasu City
    County
    Mohave
    State
    Arizona
    Longitude
    -114.34865
    Latitude
    34.553011

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    FAQs

    What type of property is this?
    Campground - Deeded RV lot with casita in active resort.
    Where is this campground located?
    The property is located at 1905 Victoria Farms Rd. #250 Lake Havasu City, AZ.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: RV‑ready lot with space for multiple vehicles and specific RV requirements.; **Casita with toilet, sink, cupboards, washer/dryer, and fridge.**; Gated RV resort with deeded lots, paved streets, and street lights.
    (928) 733-8333
    We can help!
    Listing Contact
    Sher Baughn
    Sher Baughn
    Real Estate License ID: SA664372000
    Learn More
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    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
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