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Flex Space Building With Split Potential
For Sale
$1,300,000

2648 N Kiowa Blvd N, Lake Havasu City, AZ 86403

COMMERCIAL - Lake Havasu City, AZ

Property Size5,000 SF
Lot Size0.29 Acres
Price / SF$260
Days on Market108

Property Features for 2648 N Kiowa Blvd N

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description L-C-1 Limited Commercial
Subdivision Lake Havasu City
Directions Highway 95 to Kiowa North. Just below Avalon.
Standard status Active
APN 104-30-126
Size 5,000 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TRACT: 2182 LAKE HAVASU CITY TR 2182 BLK 15 LOT 17
Tax Annual Amount 465
Legal Description TRACT: 2182 LAKE HAVASU CITY TR 2182 BLK 15 LOT 17

Building Details

Year built 2026
Number of units 1
Listing Agency: Realty ONE Group Mountain Desert-LH
Listed By: Vivid Living
Added: Apr 15 Changed: Jul 31 Last Checked: Jul 31 at 5:06PM
MLS# 1040413

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.

Brand new flex space building under construction at 2648 N Kiowa Blvd N, Lake Havasu City, AZ 86403. The layout includes a main work area, two enclosed office spaces, two bathrooms, and an upper storage area that can be created into additional office space. This unit can be kept as one space or split into two separate units, depending on how you want to use the facility.

The property is set on a 0.29-acre lot. It offers plenty of professional parking plus rear parking. A 3,000 SF garage component is all air controlled, supporting year-round business use.

The building is currently under construction, with a planned year built of 2026. If you’re looking for a flexible commercial footprint with office buildout and enclosed, climate-controlled garage space, this configuration can accommodate multiple ways to run the business.

Key Highlights

  • Can be kept as one unit or split into two separate units
  • Two enclosed office spaces plus upper storage area for potential additional office
  • 3,000 SF air‑controlled garage area

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 4.27%
Second Best
Warehouse
$693.2K
$606.6K – $808.8K (±1% cap)
NOI $48,525 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$1.12M
$976.8K – $1.30M (±1% cap)
NOI $78,144 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Spa & Massage Center Auto Repair Shop

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

103
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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - New construction flex space with two enclosed offices, two bathrooms, and air-controlled garages.
Where is this flex space located?
The property is located at 2648 N Kiowa Blvd N Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Can be kept as one unit or split into two separate units; Two enclosed office spaces plus upper storage area for potential additional office; 3,000 SF air‑controlled garage area
More about this property
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