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2648 N Kiowa Blvd, Lake Havasu City, AZ, 86403
Flex Space with Air-Controlled Garages

2648 N Kiowa Blvd Lake Havasu City, AZ 86403

For Sale
$1,400,000

New flex building with air-controlled enclosed garages, two offices, two restrooms, and parking at the front and rear.

Property Size5,000 SF
Price / SF$280
Days on Market111

Property Features for 2648 N Kiowa Blvd

General Information

Standard status
Active
Size
5,000 SF
Property subtype
General Commercial

Building Details

Year Built
2026
Listing Agency: Realty ONE Group Mountain Desert-LH
Listed By: Vivid Living
Source: Xome
Added: Apr 5 Changed: Jul 23 Last Checked: Jul 23 at 3:15PM

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


Investment Insights

Based on property information with market context.

This newly built flex property offers an open main area with two enclosed office spaces, two bathrooms, and an upper storage area that may be configured into additional office space. The unit can be kept as one or split into two separate units, providing operational flexibility for a range of office-and-workshop needs.

The building includes air-controlled enclosed garages totaling 3,000 square feet. Parking is available in front and at the rear, and the property benefits from curb appeal and visibility along N Kiowa Blvd in Lake Havasu City, AZ.

Overall, the layout supports both day-to-day work use and dedicated office space, with the enclosed garage component designed for year-round comfort via air control.

Key Highlights

  • Brand new commercial flex building (Year built 2026) on a 50' x 250' lot
  • Can be configured as one unit or split into two separate units
  • Includes 2 enclosed office spaces plus main area and 2 bathrooms

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $87.0k $17.40
− Vacancy −$13.1k −$2.61
EGI $74.0k $14.79
− OpEx −$18.5k −$3.70
NOI $55.5k $11.09
5,000 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$792.3K
$693.3K – $924.4K (±1% cap)
NOI $55,463 @ 7.0% cap · market cap 3.96%
Second Best
Industrial
$570.9K
$499.5K – $666.0K (±1% cap)
NOI $39,962 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$1.12M
$976.8K – $1.30M (±1% cap)
NOI $78,144 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Restaurant Dental Office Law Firm Spa & Massage Center Auto Repair Shop Hair Salon Big Box & Wholesale Store Auto Parts Store Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - New flex building with air-controlled enclosed garages, two offices, two restrooms, and parking at the front and rear.
Where is this flex space located?
The property is located at 2648 N Kiowa Blvd Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Brand new commercial flex building (Year built 2026) on a 50' x 250' lot; Can be configured as one unit or split into two separate units; Includes 2 enclosed office spaces plus main area and 2 bathrooms
More about this property
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