Multi-Office Building with
For Sale
$1,479,900
430 El Camino Way, Lake Havasu City, AZ 86403
Multi-office property with large reception area, four bathrooms, main-floor kitchen, and upstairs break room with laundry hookups.
Property Size6,848 SF
Price / SF$216.11
Days on Market15
Property Features for 430 El Camino Way
General Information
Standard status
Active
Size
6,848 SF
Amenities
large reception area
file room
four bathrooms
large kitchen
break room
laundry hook ups
storage underneath
security system
timered landscaping
lake views
Building Details
Year Built
2006
Listing Agency:
Coldwell Banker Realty
(928) 846-6676
Listed By:
Sarra Springberg · License #SA668514000
Source:
Sellinghavasu
Added: Jul 28
Changed: Jul 29
Last Checked: Aug 10 at 7:57AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This multi-office professional building is designed around a large reception area and an open-concept layout. Interior features include a file room, four bathrooms, and a large kitchen on the main floor. Upstairs, there is a second break room along with laundry hook ups. Additional improvements include storage underneath the building for overflow, a security system, and timered landscaping.
The property is positioned for highway visibility and offers parking for on-site needs. Lake views are available behind the building.
With its multi-level break space, dedicated facilities, and overflow storage, the layout is built to support a range of day-to-day office operations within a single property.
The property is positioned for highway visibility and offers parking for on-site needs. Lake views are available behind the building.
With its multi-level break space, dedicated facilities, and overflow storage, the layout is built to support a range of day-to-day office operations within a single property.
Key Highlights
- Multi‑office professional space built in 2006
- Large reception area with an open concept layout
- Main‑floor kitchen plus a second break room upstairs with laundry hook‑ups
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
$75,961
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
5.13%
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%
$1,519,220
$1.5M
Cap Rate 7%
$1,085,157
$1.1M
Cap Rate 9%
$844,011
$844.0K
Market Conditions
NOI Build-Up for 6,848 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
$119.2K $17.40/SF
− Vacancy
−$17.9K −$2.61/SF
EGI
$101.3K $14.79/SF
− OpEx
−$25.3K −$3.70/SF
NOI
$76.0K $11.09/SF
Area
Mohave County, AZ
Vacancy
15.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
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%
$1,519,220
Cap Rate 7%
$1,085,157
Cap Rate 9%
$844,011
Alternative Uses
Best Use
Office B
$1.09M
$949.5K – $1.27M
NOI $75,961 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $107,026 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
656
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-office property with large reception area, four bathrooms, main-floor kitchen, and upstairs break room with laundry hookups.
Where is this office building located?
The property is located at 430 El Camino Way Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $1,479,900.
What are key features of this property?
This property features: Multi‑office professional space built in 2006; Large reception area with an open concept layout; Main‑floor kitchen plus a second break room upstairs with laundry hook‑ups
