Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lake Havasu City Medical Property Title is generated by Realmo AI

    297 Lake Havasu Ave, Lake Havasu City, AZ 86403

    View on Map
    Claim this Listing
    For Lease
    $2,988/Mo $2 SF/Yr (calc)

    COMMERCIAL - Lake Havasu City, AZ

    Property size:
    15,910 SF
    Lot size:
    0.69 Acres
    Added:
    Oct 23, 2024
    Days on Market:
    566
    Last Refresh:
    May 11 at 10:06 am

    Property Features for 297 Lake Havasu Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    107-89-001
    Size
    15,910 SF
    Lot size
    0.69 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    BAY VIEW PROFESSIONAL CONDOMINIUMS UNIT 200
    Tax Annual Amount
    20529

    Utilities

    Cooling system
    Multi Units, Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    2006
    Floors in Building
    2
    Number of units
    8
    Flooring type
    Laminate, Stone
    Building materials
    Wood Frame, Stucco
    Roof type
    Rolled Hot Mop

    We can help!

    Listing Contact
    APX Real Estate Group

    Listing agent APX Real Estate Group

    Listing office eXp Realty 2036 McCulloch Blvd., Scottsdale, AZ

    Listing date Oct 23, 2024

    MLS# 1032677

    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.

    HighLights

    • Prime medical property leasing opportunity in Lake Havasu City center.
    • 1992sf unit with versatile medical space.
    • Striking lobby with central skylight and impressive artwork.
    • Elegant glass staircase.
    • Outdoor patios with stunning lake views.
    • Built in 2006 with wood frame and stucco construction.

    Overview

    Located in Lake Havasu City, Arizona, this medical property offers a leasing opportunity. Unit #200, encompassing 1992 square feet, features a lobby with a central skylight, artwork, a glass staircase, and outdoor patios that offer lake views. The property is suitable for medical offices, office properties, medical space, and healthcare properties. The lot size is 0.69 acres and the total property size is 15910 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply Auto Repair Shop Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Havasu City
    County
    Mohave
    State
    Arizona
    Longitude
    -114.338081
    Latitude
    34.467675

    Nearby Similar for Lease

    • $8,380/Mo

      Downtown Lake Havasu Commercial Space

      4,930 sq ft commercial building in Downtown Lake Havasu.
      2088/2098 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $6,000/Mo

      Lake Havasu City Commercial Space

      Versatile commercial space with office and warehouse functionality.
      1515 N Lake Havasu Ave N, Lake Havasu City, AZ 86404
      View Details
    • $3,125/Mo

      Hybrid Commercial Flex Space

      2,500 SF unit: office and warehouse/shop space.
      2880 Sweetwater Ave, Lake Havasu City, AZ 86406
      View Details
    • $8,250/Mo

      Furnished Bar Space Overlooking Bridge

      Move-in ready bar space in Lake Havasu City.
      91 London Bridge Rd, Lake Havasu City, AZ 86403
      View Details
    • $2,500/Mo

      Times Square Office Space Available

      Prime corner office space in Lake Havasu City.
      1600 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $5,000/Mo

      Times Square Corner Office Space

      Premier 4,000 SF office space in Lake Havasu City.
      1600 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $3,650/Mo

      Office Space with Warehouse

      Centrally located office space with warehouse in Lake Havasu.
      501 N Lake Havasu Ave N, Lake Havasu City, AZ 86403
      View Details
    • $1,000/Mo

      Lake Havasu City Commercial Space

      Commercial space for lease in Lake Havasu City, Arizona.
      2152 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $2,500/Mo

      Corner Office Space in Times Square

      2,000 SF office space in high-traffic Lake Havasu location.
      1600 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $700/Mo

      Office Unit in Lake Havasu

      Office unit available for rent in Lake Havasu City.
      3560 Challenger Dr, Lake Havasu City, AZ 86406
      View Details
    • $1,000/Mo

      Lake Havasu City Office Space

      Centrally located commercial space with lake view and elevator.
      1695 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details
    • $1,000/Mo

      Centrally Located Commercial Space

      Commercial space with lake view and elevator in Lake Havasu.
      1695 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Medical space for lease in Lake Havasu City, Arizona.
    Where is this medical office space located?
    The property is located at 297 Lake Havasu Ave Lake Havasu City, AZ.
    What is the lease rate?
    The lease rate is $2,988 /Mo.
    What are key features of this property?
    This property features: Prime medical property leasing opportunity in Lake Havasu City center.; 1992sf unit with versatile medical space.; Striking lobby with central skylight and impressive artwork.
    (928) 298-3656
    We can help!
    Listing Contact
    APX Real Estate Group
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    297 Lake Havasu Ave, Lake Havasu City, AZ 86403
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!