Connected Light-Industrial Warehouse
New
For Sale
$1,000,000
1675 Kiowa Ave, Lake Havasu City, AZ 86403
Commercial Sale, Lake Havasu City, AZ
Property Size5,670 SF
Lot Size0.44 Acres
Price / SF$176.37
Days on Market2
Property Features for 1675 Kiowa Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
LI Light Industrial
Fencing
Chain Link
Subdivision
Lake Havasu City
Directions
Hwy 95, West on Kiowa Blvd.
Standard status
Active
APN
115-18-009 & 010
Size
5,670 SF
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
KIOWA INDUSTRIAL PARK INC.CONDO UNIT 9-10
Tax Annual Amount
2814
HOA Fee
$557 Monthly
Legal Description
KIOWA INDUSTRIAL PARK INC.CONDO UNIT 9-10
Utilities
Heating system
Central
Cooling system
Multi Units, Central Air
Water source
Public
Amenities
restroom with shower
wash area
kitchenette
Building Details
Year built
1984
Floors in Building
2
Number of units
2
Flooring type
Concrete, Carpet - Full
Roof type
Rolled Hot Mop
Listing Agency:
Realty ONE Group Mountain Desert-LH
(928) 680-7350
Listed By:
Randy Shuffler · License #/SA535036000
(928) 230-5982
Added: Aug 26
Last Checked: Aug 27 at 9:06AM
MLS# 1042227
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 property comprises two connected light-industrial units with approximately 5,670 square feet overall, including 4,788 square feet on the ground floor and an 882-square-foot second-story office area. The warehouse is currently separated into two sections, each with its own roll-up door, while the dividing wall can be removed to form a larger open area. The building is air conditioned and includes front storage, a restroom with shower, a wash area, an upstairs kitchenette, storage, and two large offices.
The 0.44-acre site provides approximately 30 feet of gated rear storage or yard area for parking and outdoor storage. Recent improvements include a new roof and solar system. The property is zoned Light Industrial, and a tenant occupying approximately 4,116 square feet may be willing to remain. Alternatively, the property can potentially be delivered for an owner-user.
The 0.44-acre site provides approximately 30 feet of gated rear storage or yard area for parking and outdoor storage. Recent improvements include a new roof and solar system. The property is zoned Light Industrial, and a tenant occupying approximately 4,116 square feet may be willing to remain. Alternatively, the property can potentially be delivered for an owner-user.
Key Highlights
- Approximately 5,670 SF across two connected light‑industrial units
- 4,788 SF ground floor plus 882 SF second‑story office area
- 14' x 14' and 12' wide x 14' tall roll‑up doors
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
$62,894
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
6.29%
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%
$1,257,880
$1.3M
Cap Rate 7%
$898,486
$898.5K
Cap Rate 9%
$698,822
$698.8K
Market Conditions
NOI Build-Up for 5,670 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
$98.7K $17.40/SF
− Vacancy
−$14.8K −$2.61/SF
EGI
$83.9K $14.79/SF
− OpEx
−$21.0K −$3.70/SF
NOI
$62.9K $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%
$1,257,880
Cap Rate 7%
$898,486
Cap Rate 9%
$698,822
Alternative Uses
Best Use
Office B
$898.5K
$786.2K – $1.05M
NOI $62,894 @ 7.0% cap · market cap 6.29%
Second Best
Warehouse
$786.1K
$687.9K – $917.1K
NOI $55,028 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,615 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
2
Office units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
Well-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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Climate-controlled warehouse with office space, gated rear storage, and Light Industrial zoning.
Where is this warehouse 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 $1,000,000.
What are key features of this property?
This property features: Approximately 5,670 SF across two connected light‑industrial units; 4,788 SF ground floor plus 882 SF second‑story office area; 14' x 14' and 12' wide x 14' tall roll‑up doors
