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Light Industrial Flex Condo
For Sale
$475,000
Pending

1675 Kiowa Ave, Lake Havasu City, AZ 86403

Commercial Sale, Lake Havasu City, AZ

Property Size3,400 SF
Lot Size0.22 Acres
Days on Market96

Property Features for 1675 Kiowa Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description LI Light Industrial
Subdivision Lake Havasu City
Directions Hwy 95 West on Kiowa.
Standard status Pending
APN 115-18-004
Size 3,400 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KIOWA INDUSTRIAL PARK INC.CONDO UNIT 4
Tax Annual Amount 1491
HOA Fee $292 Monthly
Legal Description KIOWA INDUSTRIAL PARK INC.CONDO UNIT 4

Utilities

Cooling system Evaporative Cooling, Central Air
Water source Public

Amenities

kitchen/break area

Building Details

Year built 1981
Floors in Building 1
Number of units 1
Flooring type Tile - Ceramic, Concrete, Carpet - Full
Building materials Block
Listing Agency: Realty ONE Group Mountain Desert-LH
Listed By: Randy Shuffler
Added: Jul 15 Changed: Oct 7 Last Checked: Oct 18 at 5:06PM
MLS# 1041689

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.

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Investment Insights

Based on property information with market context.

This 3,400-square-foot flex condominium, built in 1981, combines 2,880 square feet on the main floor with a 520-square-foot upper office. The layout includes a 75-foot-deep warehouse, 14-foot roll-up door, rear access, two restrooms, a kitchen and break area, and additional storage at the rear. Three-phase power supports a range of commercial and industrial operations. A front loading dock is enclosed in its current configuration because of the upstairs office and may be restored to loading use.

The property occupies 0.22 acres at 1675 Kiowa Ave in Lake Havasu City, on the lakeside of Highway 95. It is zoned Light Industrial (L-I) and has public water service. Block construction, concrete, ceramic tile, and carpet flooring are complemented by central air and evaporative cooling.

Key Highlights

  • 3,400 SF flex condominium with 2,880 SF main level and 520 SF upstairs office
  • 75‑foot‑deep warehouse with a 14‑foot roll‑up door and rear access
  • 3‑phase power, two restrooms, kitchen/break area, and rear storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,714
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,280 $754.3K
Cap Rate 7%
$538,771 $538.8K
Cap Rate 9%
$419,044 $419.0K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$59.2K $17.40/SF
− Vacancy
−$8.9K −$2.61/SF
EGI
$50.3K $14.79/SF
− OpEx
−$12.6K −$3.70/SF
NOI
$37.7K $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 Rate 5%
$754,280
Cap Rate 7%
$538,771
Cap Rate 9%
$419,044

Alternative Uses

Best Use
Office B
$538.8K
$471.4K – $628.6K (±1% cap)
NOI $37,714 @ 7.0% cap · market cap 7.94%
Second Best
Warehouse
$471.4K
$412.5K – $550.0K (±1% cap)
NOI $32,997 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$759.1K
$664.2K – $885.6K (±1% cap)
NOI $53,138 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Injection Factory Industrial Manufacturer Tile Importers Hardware & Home Improvement Sun Spot Solar Production Facility Netcomm Communications Computer & Electronic Repair Tri-Pacific Custom Cabinetry General Contractor

Suggested Use

Top Pick Dental Office Law Firm Pharmacy Grocery & Convenience Store Real Estate Agency Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby
Balanced
Demand for This Use

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Owner-user flex space with warehouse capacity, office area, dedicated power, and Light Industrial zoning.
Where is this flex space located?
The property is located at 1675 Kiowa Ave Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 3,400 SF flex condominium with 2,880 SF main level and 520 SF upstairs office; 75‑foot‑deep warehouse with a 14‑foot roll‑up door and rear access; 3‑phase power, two restrooms, kitchen/break area, and rear storage
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