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Custom Flex Space with Mezzanine

3388 London Bridge Rd, Lake Havasu City, AZ 86404

For Sale
$2,350,000

Commercial Sale, Lake Havasu City, AZ

Property Size8,474 SF
Lot Size0.39 Acres
Price / SF$277.32
Days on Market47

Property Features for 3388 London Bridge Rd

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description L-C-2 General Commercial
Parking features Driveway
Security features Security Lighting
Subdivision Desert Hills
Directions Hwy 95 N to Chenoweth Rd, west to London Bridge Rd, south to property at 3388 N London Bridge Rd.
Standard status Active
APN 120-05-140
Size 8,474 SF
Lot size 0.39 Acres

Additional Details

Property Use Warehouse/Flex

Taxes and HOA fees

Tax Year 2025
Tax Description THAT PORTION OF THE W2 SW4 OF SD SEC 21 DESCR AS FOLL: BEG AT THE NE INTERSECTION OF LAKEDRIVE AND HWY 95 AS SHOWN ON TH
Tax Annual Amount 1402
Legal Description THAT PORTION OF THE W2 SW4 OF SD SEC 21 DESCR AS FOLL: BEG AT THE NE INTERSECTION OF LAKEDRIVE AND HWY 95 AS SHOWN ON TH

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air, Zoned, Ductless, Multi Units, Electric

Building Details

Year built 2025
Number of units 4
Flooring type Concrete, Tile - Ceramic
Building materials Steel Frame
Roof type Metal
Listing Agency: Realty ONE Group Mountain Desert-LH
Listed By: Randy Shuffler · License #/SA535036000
Added: Sep 22 Changed: Nov 2 Last Checked: Nov 7 at 1:06PM
MLS# 1042620

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This approximately 8,474-square-foot flex property is under construction and includes a 4,474-square-foot main building with a 1,390-square-foot mezzanine. The mezzanine can support office, lounge, entertainment, or bar functions. The building also includes two bathrooms, one with a shower, high ceilings, architectural lighting, a custom cable-railing staircase, an engine-hoist I-beam wired for a trolley, and two conventional A/C units. An approximately 80-foot-deep garage is served by an oversized 20-by-14-foot glass overhead door.

A separate 4,000 square feet is arranged as two 1,000-square-foot units and one 2,000-square-foot unit. Each bay has a 14-by-14-foot overhead door, dedicated mini-split A/C, 220V/50-amp power, car-lift wiring, and plumbing for future bathrooms. Exterior improvements include paver parking, a gated yard, custom metal fencing and signage, landscaping, exterior lighting, and an RV dump station. The property occupies 0.39 acres and uses a steel-frame structure with concrete and ceramic tile flooring, central heating, and a metal roof.

Key Highlights

  • Approximately 8,474 SF total, including a 4,474 SF main building and 1,390 SF mezzanine
  • Separate 4,000 SF area configured as two 1,000 SF units and one 2,000 SF unit
  • Approximately 80' deep garage with oversized 20' x 14' glass overhead door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,241
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,644,820 $1.6M
Cap Rate 7%
$1,174,871 $1.2M
Cap Rate 9%
$913,789 $913.8K
Market Conditions
NOI Build-Up for 8,474 SF
Gross rent
$109.8K $12.96/SF
− Vacancy
−$13.1K −$1.54/SF
EGI
$96.8K $11.42/SF
− OpEx
−$14.5K −$1.71/SF
NOI
$82.2K $9.71/SF
Area
Mohave County, AZ
Vacancy
11.90%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,644,820
Cap Rate 7%
$1,174,871
Cap Rate 9%
$913,789

Alternative Uses

Best Use
Warehouse
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,241 @ 7.0% cap · market cap 3.50%
Second Best
Industrial
$967.5K
$846.6K – $1.13M (±1% cap)
NOI $67,728 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M (±1% cap)
NOI $132,438 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Electrical Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby
Under-served
Demand for This Use

Demographics for 86404, AZ

18,312
Population
11,503
Households
1.6
Avg Household Size
59
Median Age
19%
College-Educated
93%
High-School Grad
161.8 sq mi
ZIP Area
113
Density / Sq Mi
$67,528
Median Household Income
$37,160
Median Earnings
$1,352
Median Rent
$421,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Lake Havasu City, AZ

$255 Jul
$239 Aug
$243 Sep
$202 Oct

Properties on Market for Flex space in Lake Havasu City

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Under-construction steel-frame property combines flexible bays, dedicated power, overhead doors, and gated outdoor improvements.
Where is this flex space located?
The property is located at 3388 London Bridge Rd Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Approximately 8,474 SF total, including a 4,474 SF main building and 1,390 SF mezzanine; Separate 4,000 SF area configured as two 1,000 SF units and one 2,000 SF unit; Approximately 80' deep garage with oversized 20' x 14' glass overhead door
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