Separately Metered Storage
For Sale
$74,900
911 N Lake Havasu Ave, Lake Havasu City, AZ 86403
COMMERCIAL - Lake Havasu City, AZ
Property Size420 SF
Lot Size0.01 Acres
Price / SF$178.33
Days on Market155
Property Features for 911 N Lake Havasu Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
LI Light Industrial
Subdivision
Lake Havasu City
Directions
Hwy 95N, Rt on Acoma Blvd W, left on Lake Havasu Ave
Standard status
Active
APN
106-42072
Size
420 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
350
HOA Fee
$63 Monthly
Building Details
Year built
1998
Number of units
1
Listing Agency:
Brooks-Clark And Assoc.
(928) 505-2522
Listed By:
Suzannah Ballard
(928) 727-0037
Added: Mar 9
Changed: Aug 4
Last Checked: Aug 10 at 10:06PM
MLS# 1039765
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 listing offers one self-storage unit measuring 12 feet by 35 feet, presented as a separately metered space. The unit includes an 11-foot door opening with a 10-foot wide door, providing straightforward access for stored goods that require a larger entry. The seller notes that owner may carry, subject to terms.
The property is located at 911 N Lake Havasu Ave in Lake Havasu City, Arizona, within Mohave County.
This configuration can fit tenants or buyers seeking a dedicated, metered storage space for items that need clear, direct drive-in access through a wide overhead door. Because the unit is separately metered, it may support straightforward utility management compared with shared metering. For parties interested in purchasing, the owner’s willingness to consider carry financing may be relevant to structuring terms.
The property is located at 911 N Lake Havasu Ave in Lake Havasu City, Arizona, within Mohave County.
This configuration can fit tenants or buyers seeking a dedicated, metered storage space for items that need clear, direct drive-in access through a wide overhead door. Because the unit is separately metered, it may support straightforward utility management compared with shared metering. For parties interested in purchasing, the owner’s willingness to consider carry financing may be relevant to structuring terms.
Key Highlights
- 1998‑built storage unit facility
- Storage unit size: 12' x 35' (separately metered)
- 11' door opening with 10' wide door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$4,076
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$81,520
$81.5K
Cap Rate 7%
$58,229
$58.2K
Cap Rate 9%
$45,289
$45.3K
Market Conditions
NOI Build-Up for 420 SF
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.
Gross rent
$5.4K $12.96/SF
− Vacancy
−$648 −$1.54/SF
EGI
$4.8K $11.42/SF
− OpEx
−$719 −$1.71/SF
NOI
$4.1K $9.71/SF
Area
Mohave County, AZ
Vacancy
11.90%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$81,520
Cap Rate 7%
$58,229
Cap Rate 9%
$45,289
Alternative Uses
Best Use
Warehouse
$58.2K
$51.0K – $67.9K
NOI $4,076 @ 7.0% cap · market cap 5.44%
Second Best
Self Storage
$55.6K
$48.7K – $64.9K
NOI $3,895 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$93.8K
$82.1K – $109.4K
NOI $6,564 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
Demographics for 86403, AZ
17,787
Population
11,604
Households
1.5
Avg Household Size
53
Median Age
18%
College-Educated
89%
High-School Grad
11.0 sq mi
ZIP Area
1,617
Density / Sq Mi
$57,531
Median Household Income
$33,368
Median Earnings
$1,152
Median Rent
$313,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Single storage unit with a wide 11' door opening, separately metered, and owner financing may be available.
Where is this self storage facility located?
The property is located at 911 N Lake Havasu Ave Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: 1998‑built storage unit facility; Storage unit size: 12' x 35' (separately metered); 11' door opening with 10' wide door
