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Flex Office Warehouse with Garages

2648 N Kiowa Blvd N Lake Havasu City, AZ 86403

2648 N Kiowa Blvd N, Lake Havasu City, AZ, 86403
$1,300,000
For Sale
$1,300,000

COMMERCIAL - Lake Havasu City, AZ

Property Size5,000 SF
Lot Size0.29 Acres
Price / SF$260
Days on Market95

Property Features for 2648 N Kiowa Blvd N

General Information

Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Standard status
Active
APN
104-30-126
Size
5,000 SF
Lot size
0.29 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
TRACT: 2182 LAKE HAVASU CITY TR 2182 BLK 15 LOT 17
Tax Annual Amount
465

Building Details

Year built
2026
Number of units
1
Listing Agency Realty ONE Group Mountain Desert-LH
1971 McCulloch Blvd N Ste 102, Lake Havasu City, AZ
Listed by Vivid Living
Added: Apr 15 Checked: Jul 18 at 4:06 pm
MLS# 1040413

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.


Investment Insights

Based on property information with market context.

This brand-new flex office warehouse includes 2 enclosed office spaces, a main work area, and 2 bathrooms. It also features an upper storage area that can be converted into additional office space. The property is configured with enclosed, air-controlled garages totaling 3,000 square feet, along with professional parking in front and additional rear parking.

Situated in Lake Havasu City, the building is described as having a location with plenty of exposure. The site setting provides curb appeal, with parking available both at the front and in the rear to support daily operations and customer or staff access.

The layout offers flexibility for users seeking a combination of office and service/garage operations in one address. The unit can be kept as a single facility or split into two separate units, which may support different operational needs under one ownership structure. With enclosed offices on site and the option to expand office space using the upper storage area, the building can accommodate a range of business types that benefit from controlled garage environments and dedicated office space.

Key Highlights

  • New construction, built in 2026.
  • Versatile space: split into two units or keep as one.
  • Enjoy 3,000 sq ft of air‑conditioned garage space.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $87.0k $17.40
− Vacancy −$13.1k −$2.61
EGI $74.0k $14.79
− OpEx −$18.5k −$3.70
NOI $55.5k $11.09
5,000 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$792.3K
$693.3K – $924.4K (±1% cap)
NOI $55,463 @ 7.0% cap · market cap 4.27%
Second Best
Warehouse
$693.2K
$606.6K – $808.8K (±1% cap)
NOI $48,525 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$1.12M
$976.8K – $1.30M (±1% cap)
NOI $78,144 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

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

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

FAQs

What type of property is this?
Flex space - Brand-new flex building with enclosed, air-controlled garages, enclosed office space, and rear parking options for versatile operations.
Where is this flex space located?
The property is located at 2648 N Kiowa Blvd N Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: New construction, built in 2026.; Versatile space: split into two units or keep as one.; Enjoy **3,000 sq ft of air‑conditioned garage space.**
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