Add Listing
    For Sale
    • 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

    791 Malibu Cir Lake Havasu City, AZ 86406

    View on Map
    Claim this Listing
    For Sale
    $215,000

    LAND - Lake Havasu City, AZ

    Lot size:
    0.10 Acres
    Added:
    Jun 19, 2025
    Days on Market:
    296
    Last Refresh:
    Apr 10 at 11:06 am

    Property Features for 791 Malibu Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    107-83-385
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    SEC 21 T13N R20W GRAND ISLAND ESTATES PARCEL F AMENDED LOT 111
    Tax Annual Amount
    618

    Utilities

    Utilities
    Natural Gas Available
    Water source
    Public

    We can help!

    Listing Contact
    A Team

    Listing agent A Team License #SA579968000

    Listing office Coldwell Banker Realty 101 Retail Centre Blvd, Lake Havasu City, AZ

    Listing date Jun 19, 2025

    MLS# 1036038 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

    Grand Island Estates Premium Lot

    This premium lot is located in Grand Island Estates, positioned steps from the London Bridge. The flat terrain and underground utilities support construction of a custom island retreat. A 30' height allowance permits design of a spacious one or two-story home. Boat launch ramps, lakeside dining, boutique shopping, parks, and walking paths are located nearby. Another lot is available at 785 Malibu Cir.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    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
    -114.361467
    Latitude
    34.456983

    Nearby Similar for Sale

    • $2,695,000
      9,267 SF

      Lake Havasu City Commercial Property

      9,267 SF commercial property on 1.19-acre lot.
      513 N Lake Havasu Ave, Lake Havasu City, AZ 86403
      View Details
    • $799,000
      3,538 SF

      Mixed-Use Property in Lake Havasu

      Versatile mixed-use property featuring office, showroom, and residential space.
      2563 N Kiowa Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $565,000
      45,905 SF

      Versatile Commercial Condo with Auto Lift

      Flexible commercial condo with warehouse, office, and auto lift.
      1600 W Acoma Blvd W unit: 43, Lake Havasu City, AZ 86403
      View Details
    • $1,500,000
      6,794 SF

      Lake Havasu City Commercial Investment

      Multi-tenant professional office/retail building in Lake Havasu City.
      2152 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $1,700,000
      2,705 SF

      Lake Havasu City Commercial Property

      Downtown Lake Havasu City bar/restaurant with parking and equipment.
      2061 Swanson Ave, Lake Havasu City, AZ 86403
      View Details
    • $2,250,000
      5,139 SF

      Renovated Medical Office Building

      Versatile medical office in central Lake Havasu City.
      1944 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details
    • $3,995,000
      32,262 SF

      Versatile Industrial Facility For Sale

      Light-industrial facility with warehouse and office space in Lake Havasu.
      1790 Industrial Blvd, Lake Havasu City, AZ 86403
      View Details
    • $449,900

      Lake Havasu City Land Parcels

      Two adjacent parcels totaling 1.2 acres in Lake Havasu.
      45 + 51 Acoma Blvd S, Lake Havasu City, AZ 86403
      View Details
    • $420,000
      1,518 SF

      Luxury Storage Unit, Lake Havasu

      Exclusive storage unit with lake views and premium amenities.
      3204 Sweetwater Ave unit: A4, Lake Havasu City, AZ 86406
      View Details
    • $699,000
      4,896 SF

      Six-Unit Apartment Complex For Sale

      Six-unit apartment complex with income potential in Lake Havasu City.
      3441 Oro Grande Blvd, Lake Havasu City, AZ 86406
      View Details
    • $575,000
      3,664 SF

      Lake Havasu City Apartment Complex

      Five-unit apartment complex near downtown Lake Havasu City, Arizona.
      2795 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $475,000
      1,552 SF

      Lake Havasu City Duplex

      Well-maintained duplex in Lake Havasu City with long-term tenants.
      2986 Winterhaven Dr, Lake Havasu City, AZ 86404
      View Details

    FAQs

    What type of property is this?
    Land - Premium lot near London Bridge, ideal for custom island retreat.
    Where is this land located?
    The property is located at 791 Malibu Cir Lake Havasu City, AZ.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Premium lot in Grand Island Estates, steps from the London Bridge.; Flat terrain and underground utilities simplify building process.; Build a spacious one or two‑story home with the 30' height allowance.
    (928) 486-9946
    We can help!
    Listing Contact
    A Team
    Real Estate License ID: SA579968000
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!