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Medical Office Space
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1976 Mesquite Ave #B, Lake Havasu City, AZ 86403

A newly built gray-shell interior allows the next occupant to plan a custom finish.

Property Size3,846 SF
Price / SF$1.25
Days on Market179

Property Features for 1976 Mesquite Ave #B

General Information

Standard status Active
Size 3,846 SF
Property subtype Limited Commercial

Additional Details

Condition Shell
Listing Agency: Londonderry Realty
Listed By: Rebecca E. Jacobson · License #SA654504000
Source: Havasulifeproperties
Added: May 7 Changed: Oct 31 Last Checked: Oct 31 at 2:36PM

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 Londonderry Realty

Rey
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Investment Insights

Based on property information with market context.

This newly constructed medical office space offers 3,846 square feet with a gray-shell interior, leaving the interior design to the next occupant. The building is located in the downtown medical district and has ample parking.

The property may suit medical or retail use, as described in the listing information.

Key Highlights

  • 3,846 square feet of medical office space
  • New construction with gray‑shell interior
  • Located in the downtown medical district

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,354
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,080 $747.1K
Cap Rate 7%
$533,629 $533.6K
Cap Rate 9%
$415,044 $415.0K
Market Conditions
NOI Build-Up for 3,846 SF
Gross rent
$57.7K $15.00/SF
− Vacancy
−$4.3K −$1.13/SF
EGI
$53.4K $13.88/SF
− OpEx
−$16.0K −$4.16/SF
NOI
$37.4K $9.71/SF
Area
Mohave County, AZ
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$747,080
Cap Rate 7%
$533,629
Cap Rate 9%
$415,044

Alternative Uses

Best Use
Healthcare Medical
$665.8K
$582.6K – $776.7K (±1% cap)
NOI $46,604 @ 7.0% cap · market cap 969.50%
Second Best
Office B
$609.5K
$533.3K – $711.0K (±1% cap)
NOI $42,662 @ 7.0% cap · market cap 887.50%
Theoretical Best
Office A
$858.7K
$751.4K – $1.00M (±1% cap)
NOI $60,108 @ 7.0% cap · market cap 1,250.43%
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

Hanger Clinic: Prosthetics ... Orthotics & Prosthetics Service

Suggested Use

Top Pick Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Parking Lot & Garage Florist Butcher

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

2,234
Businesses Nearby
Under-served
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

  • 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 - A newly built gray-shell interior allows the next occupant to plan a custom finish.
Where is this medical office space located?
The property is located at 1976 Mesquite Ave #B Lake Havasu City, AZ.
What are key features of this property?
This property features: 3,846 square feet of medical office space; New construction with gray‑shell interior; Located in the downtown medical district
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Includes: Price & PSF · Cap rate · Location · Zoning

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