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Medical Office Suite with Patios
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297 Lake Havasu Ave # 200, Lake Havasu City, AZ 86403

The suite features a central-skylight lobby, a glass staircase, and outdoor patios with lake views.

Property Size15,910 SF
Price / SF$0.19
Days on Market494

Property Features for 297 Lake Havasu Ave # 200

General Information

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

Additional Details

Property Use Medical Office

Amenities

lobby with skylight and artwork
glass staircase
outdoor patios with lake views

Building Details

Year Built 2006
Listing Agency: eXp Realty
Listed By: APX Real Estate Group · License #SA639521000
Source: Havasulifeproperties
Added: Jun 26, 2025 Changed: Oct 31 Last Checked: Oct 31 at 2:13PM

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 eXp Realty

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Medical office suite #200 includes a lobby with a central skylight and artwork, along with a glass staircase and outdoor patios that overlook the lake. The property was built in 2006.

Key Highlights

  • Suite #200 in a medical office property
  • Outdoor patios with lake views
  • Lobby features a central skylight and artwork

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 6,452.18%
Second Best
Office B
$2.52M
$2.21M – $2.94M (±1% cap)
NOI $176,482 @ 7.0% cap · market cap 5,906.36%
Theoretical Best
Office A
$3.55M
$3.11M – $4.14M (±1% cap)
NOI $248,654 @ 7.0% cap · market cap 8,321.75%
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 - The suite features a central-skylight lobby, a glass staircase, and outdoor patios with lake views.
Where is this medical office space located?
The property is located at 297 Lake Havasu Ave # 200 Lake Havasu City, AZ.
What are key features of this property?
This property features: Suite #200 in a medical office property; Outdoor patios with lake views; Lobby features a central skylight and artwork
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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