Light Industrial Warehouse
For Sale
$549,000
2100 College Dr, Lake Havasu City, AZ 86403
COMMERCIAL - Lake Havasu City, AZ
Property Size2,787 SF
Lot Size0.06 Acres
Price / SF$196.99
Days on Market110
Property Features for 2100 College Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
LI Light Industrial
Directions
College and Spawr
Subdivision
LHC-North
Standard status
Active
APN
115-30-016
Size
2,787 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OCOTILLO BUSINESS CENTRE CONDOMINIUMS AMENDED UNIT 130 115-20-001 A(115-30-001 THRU 017 & COMMON AREA)2006 TAX YR
Tax Annual Amount
2850
HOA Fee
$281 Quarterly
Legal Description
OCOTILLO BUSINESS CENTRE CONDOMINIUMS AMENDED UNIT 130 115-20-001 A(115-30-001 THRU 017 & COMMON AREA)2006 TAX YR
Building Details
Year built
1999
Floors in Building
1
Number of units
17
Listing Agency:
Mohave Realty
(928) 855-0101
Listed By:
Raul Ballas · License #SA677297000
(714) 686-0018
Added: May 5
Changed: Aug 11
Last Checked: Aug 22 at 5:06AM
MLS# 1040734
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 2,787-square-foot warehouse unit was built in 1999 and features a 14-foot roll-up door, providing practical access for loading and unloading. The interior extends approximately 75 feet in depth, creating a straightforward configuration for storage, racking, fabrication, distribution, or other workspace needs. The unit is described as clean and ready for customization within a professionally maintained industrial complex.
Located at 2100 College Dr in Lake Havasu City, the property offers convenient access for employees, customers, trucks, vans, and larger equipment. Light industrial zoning supports a range of permitted commercial uses, while the complex includes professional landscaping and shared amenities.
Located at 2100 College Dr in Lake Havasu City, the property offers convenient access for employees, customers, trucks, vans, and larger equipment. Light industrial zoning supports a range of permitted commercial uses, while the complex includes professional landscaping and shared amenities.
Key Highlights
- 2,787‑square‑foot warehouse unit in Lake Havasu City
- 14' high roll‑up door for loading and equipment access
- 75' warehouse depth supports storage, racking, and workflow
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
$27,048
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
4.93%
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%
$540,960
$541.0K
Cap Rate 7%
$386,400
$386.4K
Cap Rate 9%
$300,533
$300.5K
Market Conditions
NOI Build-Up for 2,787 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
$36.1K $12.96/SF
− Vacancy
−$4.3K −$1.54/SF
EGI
$31.8K $11.42/SF
− OpEx
−$4.8K −$1.71/SF
NOI
$27.0K $9.71/SF
Area
Mohave County, AZ
Vacancy
11.90%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
15.00%
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%
$540,960
Cap Rate 7%
$386,400
Cap Rate 9%
$300,533
Alternative Uses
Best Use
Warehouse
$386.4K
$338.1K – $450.8K
NOI $27,048 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$622.2K
$544.5K – $726.0K
NOI $43,557 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
500
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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Functional warehouse space with light industrial zoning, a maintained setting, and a layout suited to varied commercial operations.
Where is this warehouse located?
The property is located at 2100 College Dr Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 2,787‑square‑foot warehouse unit in Lake Havasu City; 14' high roll‑up door for loading and equipment access; 75' warehouse depth supports storage, racking, and workflow
