Boat Storage Unit with Tall
For Sale
$109,900
1080 London Bridge Rd, Lake Havasu City, AZ 86404
COMMERCIAL - Lake Havasu City, AZ
Property Size520 SF
Lot Size0.03 Acres
Price / SF$211.35
Days on Market167
Property Features for 1080 London Bridge Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
L-C-1 Limited Commercial
Subdivision
Lake Havasu City
Directions
ake Industrial towards lake. Turn right on London Bridge Road and go for 3/4 mile and property is on the right side
Standard status
Active
APN
115-39-088
Size
520 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 33 T14N R20W SUN N SAND STORAGE UNIT B144
Tax Annual Amount
305
HOA Fee
$200 Annually
Legal Description
SEC 33 T14N R20W SUN N SAND STORAGE UNIT B144
Amenities
shower room
RV dump station
surveillance cameras
Building Details
Year built
2016
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Stucco
Listing Agency:
HomeSmart River Realty · HomeSmart International
(928) 412-8640
Listed By:
Caroline Pope
(928) 706-4466
Added: Mar 9
Changed: Aug 4
Last Checked: Aug 22 at 9:06AM
MLS# 1039747
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 520-square-foot self-storage unit at 1080 London Bridge Road provides a 13-foot-wide by 40-foot-deep footprint, a 14-foot-high door, and concrete flooring. Built in 2016 with stucco construction, the unit is suited to storing boats, vehicles, and recreational equipment. A 60-foot driveway between units supports vehicle access and maneuvering.
The gated property includes surveillance cameras, a shower room, and an RV dump station. Windsor Beach launch ramp is located less than a mile away, while nearby parts stores, fuel stations, and mechanic shops provide additional service access. The property is located in Lake Havasu City, Arizona.
The gated property includes surveillance cameras, a shower room, and an RV dump station. Windsor Beach launch ramp is located less than a mile away, while nearby parts stores, fuel stations, and mechanic shops provide additional service access. The property is located in Lake Havasu City, Arizona.
Key Highlights
- 520‑square‑foot storage unit with 13‑foot‑wide by 40‑foot‑deep dimensions
- 14‑foot‑high door accommodates boats, vehicles, and recreational equipment
- 60' driveway between units provides access and maneuvering space
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
$5,047
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
4.59%
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%
$100,940
$100.9K
Cap Rate 7%
$72,100
$72.1K
Cap Rate 9%
$56,078
$56.1K
Market Conditions
NOI Build-Up for 520 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
$6.7K $12.96/SF
− Vacancy
−$802 −$1.54/SF
EGI
$5.9K $11.42/SF
− OpEx
−$891 −$1.71/SF
NOI
$5.0K $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%
$100,940
Cap Rate 7%
$72,100
Cap Rate 9%
$56,078
Alternative Uses
Best Use
Warehouse
$72.1K
$63.1K – $84.1K
NOI $5,047 @ 7.0% cap · market cap 4.59%
Second Best
Self Storage
$68.9K
$60.3K – $80.4K
NOI $4,822 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$116.1K
$101.6K – $135.5K
NOI $8,127 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 86404, AZ
18,312
Population
11,503
Households
1.6
Avg Household Size
59
Median Age
19%
College-Educated
93%
High-School Grad
161.8 sq mi
ZIP Area
113
Density / Sq Mi
$67,528
Median Household Income
$37,160
Median Earnings
$1,352
Median Rent
$421,300
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 - Gated storage complex with surveillance cameras, a shower room, and an RV dump station.
Where is this self storage facility located?
The property is located at 1080 London Bridge Rd Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: 520‑square‑foot storage unit with 13‑foot‑wide by 40‑foot‑deep dimensions; 14‑foot‑high door accommodates boats, vehicles, and recreational equipment; 60' driveway between units provides access and maneuvering space
