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    Premium Storage Unit with RV Hookups Title is generated by Realmo AI

    3493 E Heights Blvd, Lake Havasu City, AZ 86404

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    For Sale
    $192,000

    COMMERCIAL - Lake Havasu City, AZ

    Property size:
    2,000 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $96/SF
    Added:
    Jan 23, 2026
    Days on Market:
    118
    Last Refresh:
    May 21 at 10:06 am

    Property Features for 3493 E Heights Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Security System
    Standard status
    Active
    APN
    120-08-008-81
    Size
    2,000 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    T15N R20W SEC 2 SE4 SEC 2 NOT INCLUDING THE E2 CONT 3484800 SF 80 .00 AC 120-08-002 (120-08-008 & 009) SPLIT FOR TAX YEA

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Ductless, Zoned
    Water source
    Well

    Building Details

    Year built
    2021
    Number of units
    1
    Building materials
    Steel Frame
    Roof type
    Metal

    We can help!

    Listing Contact
    Team RDP

    Listing agent Team RDP

    Listing office eXp Realty 2000 McCulloch Blvd N Suite 101, Lake Havasu City, AZ

    Listing date Jan 23, 2026

    MLS# 1039025

    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.

    HighLights

    • Premium 20' x 50' fully insulated pull‑thru storage unit with RV hookups.
    • Lowest monthly ground lease offered by Riverbound: $399 with no escalation.
    • Enjoy a resort‑style community with amenities including a heated pool/spa, driving range, and sports courts.
    • Powerful 3‑ton mini‑split A/C system and durable epoxy‑coated garage floors.
    • Convenient 3/4 bathroom and washer/dryer hookups.
    • Income potential through unit rentals when not in use.

    Overview

    This 20' x 50' fully insulated pull-thru unit offers premium storage with RV hookups. The space is equipped with a 3-ton mini-split A/C system, epoxy-coated garage floors, and a 3/4 bathroom. Washer and dryer hookups are installed, along with a wall-mounted flat screen TV and built-in cabinetry. The unit is located in Riverbound, a resort-style community that includes a heated pool and spa, locker rooms, a driving range, a kids' playground, a dog area, a community fire pit, a general store, basketball courts, and pickleball courts. The monthly ground lease is $399 per month with no escalation. Owners have the option to rent out the unit when not in use. The property is located in Lake Havasu City, AZ.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RxRV LLC Auto Repair Shop Riverbound Rv Park Gas Station Riverbound Custom Storage ... Campground & RV Park Advance Electric Electrical Service

    Suggested Use

    Hair Salon Auto Repair Shop Auto Parts Store Bar & Pub Car Rental Facility Plumbing Service

    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
    -114.297165
    Latitude
    34.662467

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    FAQs

    What type of property is this?
    Self storage facility - 20' x 50' insulated unit with A/C and RV hookups.
    Where is this self storage facility located?
    The property is located at 3493 E Heights Blvd Lake Havasu City, AZ.
    What is the asking price?
    The asking price for this property is $192,000.
    What are key features of this property?
    This property features: Premium 20' x 50' fully insulated pull‑thru storage unit with RV hookups.; Lowest monthly ground lease offered by Riverbound: $399 with no escalation.; Enjoy a resort‑style community with amenities including a heated pool/spa, driving range, and sports courts.
    (928) 225-3375
    We can help!
    Listing Contact
    Team RDP
    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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