Light Industrial Flex
For Sale
Contact for pricing
1191 N Lake Havasu Ave B 106, Lake Havasu City, AZ 86403
Light Industrial (LI) zoning is a defining feature of this commercial development.
Property Size25,626 SF
Price / SF$0.12
Days on Market100
Property Features for 1191 N Lake Havasu Ave B 106
General Information
Standard status
Active
Size
25,626 SF
Property subtype
Light Industrial
Zoning
LI
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2025
Listing Agency:
eXp Realty
(888) 897-7821
Listed By:
APX Real Estate Group · License #SA639521000
(928) 298-3656
Source:
Havasulifeproperties
Added: Jul 22
Changed: Oct 28
Last Checked: Oct 28 at 3:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2025, this flex space development at 1191 N Lake Havasu Ave offers suite sizes from 1,515 to 3,010 square feet. The property is zoned Light Industrial (LI), with frontage on Lake Havasu Avenue and visibility from Highway 95.
Key Highlights
- Suite sizes range from 1,515 to 3,010 square feet
- Light Industrial (LI) zoning
- Frontage on Lake Havasu Avenue with visibility from Highway 95
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$190,184
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,803,680
$3.8M
Cap Rate 7%
$2,716,914
$2.7M
Cap Rate 9%
$2,113,156
$2.1M
Market Conditions
NOI Build-Up for 25,626 SF
Gross rent
$332.1K $12.96/SF
− Vacancy
−$39.5K −$1.54/SF
EGI
$292.6K $11.42/SF
− OpEx
−$102.4K −$4.00/SF
NOI
$190.2K $7.42/SF
Area
Mohave County, AZ
Vacancy
11.90%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,803,680
Cap Rate 7%
$2,716,914
Cap Rate 9%
$2,113,156
Alternative Uses
Best Use
Warehouse
$3.55M
$3.11M – $4.15M
NOI $248,703 @ 7.0% cap · market cap 8,216.15%
Second Best
Industrial
$2.93M
$2.56M – $3.41M
NOI $204,814 @ 7.0% cap · market cap 6,766.24%
Theoretical Best
Office A
$5.72M
$5.01M – $6.68M
NOI $400,504 @ 7.0% cap · market cap 13,231.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Light Industrial (LI) zoning is a defining feature of this commercial development.
Where is this flex space located?
The property is located at 1191 N Lake Havasu Ave B 106 Lake Havasu City, AZ.
What are key features of this property?
This property features: Suite sizes range from 1,515 to 3,010 square feet; Light Industrial (LI) zoning; Frontage on Lake Havasu Avenue with visibility from Highway 95
