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Medical Office Space with Skylit Lobby
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297 Lake Havasu Ave # 106, Lake Havasu City, AZ 86403

A first-floor medical suite includes a lobby with a central skylight and a glass staircase.

Property Size15,910 SF
Price / SF$0.19
Days on Market447

Property Features for 297 Lake Havasu Ave # 106

General Information

Standard status Active
Size 15,910 SF
Property subtype General Commercial

Additional Details

Floor 1
Property Use Medical Office

Building Details

Year Built 2006
Listing Agency: HomeSmart River Realty
Listed By: Havasu Life Properties
Source: Havasulifeproperties
Added: Aug 12, 2025 Changed: Oct 31 Last Checked: Oct 31 at 2:19PM

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 HomeSmart River Realty

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Investment Insights

Based on property information with market context.

Built in 2006, this 15,910-square-foot medical office property includes first-floor space with a lobby, a central skylight, artwork and a glass staircase.

The property is located on Lake Havasu Avenue in Lake Havasu City, Arizona.

Key Highlights

  • 15,910‑square‑foot medical office property
  • First‑floor space with a lobby featuring a central skylight
  • Interior glass staircase

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$176,482
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,529,640 $3.5M
Cap Rate 7%
$2,521,171 $2.5M
Cap Rate 9%
$1,960,911 $2.0M
Market Conditions
NOI Build-Up for 15,910 SF
Gross rent
$276.8K $17.40/SF
− Vacancy
−$41.5K −$2.61/SF
EGI
$235.3K $14.79/SF
− OpEx
−$58.8K −$3.70/SF
NOI
$176.5K $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%
$3,529,640
Cap Rate 7%
$2,521,171
Cap Rate 9%
$1,960,911

Alternative Uses

Best Use
Healthcare Medical
$2.75M
$2.41M – $3.21M (±1% cap)
NOI $192,791 @ 7.0% cap · market cap 6,476.02%
Second Best
Office B
$2.52M
$2.21M – $2.94M (±1% cap)
NOI $176,482 @ 7.0% cap · market cap 5,928.18%
Theoretical Best
Office A
$3.55M
$3.11M – $4.14M (±1% cap)
NOI $248,654 @ 7.0% cap · market cap 8,352.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Stacy Beck Physician Dr. Kevin J ... Physician Tom D. Bennetch, ... Physician Lauren Huljev Physician CHRISTIAN L GRANDELL Physician

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Garden Center Butcher Florist

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

1,190
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

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 - A first-floor medical suite includes a lobby with a central skylight and a glass staircase.
Where is this medical office space located?
The property is located at 297 Lake Havasu Ave # 106 Lake Havasu City, AZ.
What are key features of this property?
This property features: 15,910‑square‑foot medical office property; First‑floor space with a lobby featuring a central skylight; Interior glass staircase
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Includes: Price & PSF · Cap rate · Location · Zoning

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