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Medical Office with Imaging Rooms
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1944 Mesquite Ave, Lake Havasu City, AZ 86403

The clinical layout combines exam areas, private offices, reception, laboratory space, and separate lobby areas.

Property Size5,139 SF
Price / SF$2.14
Days on Market70

Property Features for 1944 Mesquite Ave

General Information

Standard status Active
Size 5,139 SF
Property subtype General Commercial
Zoning L-R-CHD Commercial and Health

Additional Details

Condition Move-in Ready
Property Use Medical Office
Listing Agency: Realty ONE Group Mountain Desert-LH
Listed By: Randy Shuffler · License #SA535036000
Source: Havasulifeproperties
Added: Aug 24 Changed: Oct 31 Last Checked: Oct 31 at 2:34PM

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 Realty ONE Group Mountain Desert-LH

Rey
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Investment Insights

Based on property information with market context.

This 5,139-square-foot medical office in Lake Havasu City has a dedicated clinical wing with 12 exam rooms, nurse stations, a laboratory, break room, and reception area. A separate section contains 7 private offices or suites, linked to the other side by 2 central rooms. Two lead-lined imaging rooms are configured for X-ray and CT equipment. The property also includes multiple restrooms and 2 lobby areas that can be connected. Flooring, cabinetry, fixtures, and interior finishes have been updated throughout.

Located in the city’s medical district near Havasu Regional Medical Center, the building is zoned L-R-CHD Commercial and Health. Plans are in place for a rear addition and a second-story expansion.

Key Highlights

  • 5,139‑square‑foot medical office building
  • Clinical wing includes 12 exam rooms, nurse stations, laboratory, break room, and reception
  • 7 private offices or suites, with 2 central connecting rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,004
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,080 $1.1M
Cap Rate 7%
$814,343 $814.3K
Cap Rate 9%
$633,378 $633.4K
Market Conditions
NOI Build-Up for 5,139 SF
Gross rent
$89.4K $17.40/SF
− Vacancy
−$13.4K −$2.61/SF
EGI
$76.0K $14.79/SF
− OpEx
−$19.0K −$3.70/SF
NOI
$57.0K $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 Rate 5%
$1,140,080
Cap Rate 7%
$814,343
Cap Rate 9%
$633,378

Alternative Uses

Best Use
Healthcare Medical
$889.6K
$778.4K – $1.04M (±1% cap)
NOI $62,272 @ 7.0% cap · market cap 566.11%
Second Best
Office B
$814.3K
$712.6K – $950.1K (±1% cap)
NOI $57,004 @ 7.0% cap · market cap 518.22%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,316 @ 7.0% cap · market cap 730.15%
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

Awad Ayman N ... Physician Lake Havasu Imaging ... Medical Clinic

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Storage Facility Garden Center Locksmith (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

2,269
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

Similar Off Market Nearby

  • Lange Veterinary Center — 195 Paseo del Sol Ave, Lake Havasu City, AZ 86403
  • Animal Hospital of Havasu — 1990 Mesquite Ave, Lake Havasu City, AZ 86403
  • Buckman Cary DVM — 1990 Mesquite Ave, Lake Havasu City, AZ 86403

Frequently Asked Questions

What type of property is this?
Medical Office Space - The clinical layout combines exam areas, private offices, reception, laboratory space, and separate lobby areas.
Where is this medical office space located?
The property is located at 1944 Mesquite Ave Lake Havasu City, AZ.
What are key features of this property?
This property features: 5,139‑square‑foot medical office building; Clinical wing includes 12 exam rooms, nurse stations, laboratory, break room, and reception; 7 private offices or suites, with 2 central connecting rooms
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