Self Storage Unit with 14-Foot
For Sale
$107,000
3400 Sweetwater Ave, Lake Havasu City, AZ 86406
Commercial Sale, Lake Havasu City, AZ
Property Size650 SF
Lot Size0.01 Acres
Price / SF$164.62
Days on Market285
Property Features for 3400 Sweetwater Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
L-C-1 Limited Commercial
Security features
Security System
Subdivision
Lake Havasu City
Directions
95 TO SWEETWATER
Standard status
Active
APN
114-21-074
Size
650 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PREMIER STORAGE CONDOMINIUMS AMENDED PHASE 3 BLDG 5 UNIT H-11 CON T 650 SQ FT
Tax Annual Amount
364
HOA Fee
$325 Annually
Legal Description
PREMIER STORAGE CONDOMINIUMS AMENDED PHASE 3 BLDG 5 UNIT H-11 CON T 650 SQ FT
Utilities
Water source
Public
Amenities
Gated Complex
24 Hour Access
Security Cameras
Bathrooms with Showers
Trash Bins
Water
Electricity
RV Dump Area
Building Details
Year built
2001
Floors in Building
1
Number of units
1
Roof type
Metal
Listing Agency:
Realty ONE Group Mountain Desert-LH
(928) 680-7350
Listed By:
Mark Gehrman
(928) 412-2890
Added: Nov 10, 2025
Changed: Aug 19
Last Checked: Aug 22 at 2:06PM
MLS# 1038049
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.
This self storage unit offers a storage depth of 50 feet with a 14-foot tall door. The unit is part of a gated complex designed for around-the-clock access, with security cameras on site. Shared features include bathrooms with showers, trash bins, and an RV dump area.
The property sits on a 0.01-acre lot and includes public water and electricity service. The roof is metal, and the facility was built in 2001.
Unit accessibility is convenient, with the unit located straight in when you enter the complex. Ideal for businesses or individuals seeking storage within a secured, all-hours environment.
The property sits on a 0.01-acre lot and includes public water and electricity service. The roof is metal, and the facility was built in 2001.
Unit accessibility is convenient, with the unit located straight in when you enter the complex. Ideal for businesses or individuals seeking storage within a secured, all-hours environment.
Key Highlights
- 50‑foot deep storage unit with a 14‑foot tall door
- Gated complex with 24‑hour access
- Security cameras on site
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$6,308
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$126,160
$126.2K
Cap Rate 7%
$90,114
$90.1K
Cap Rate 9%
$70,089
$70.1K
Market Conditions
NOI Build-Up for 650 SF
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.
Gross rent
$8.4K $12.96/SF
− Vacancy
−$1.0K −$1.54/SF
EGI
$7.4K $11.42/SF
− OpEx
−$1.1K −$1.71/SF
NOI
$6.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$126,160
Cap Rate 7%
$90,114
Cap Rate 9%
$70,089
Alternative Uses
Best Use
Warehouse
$90.1K
$78.9K – $105.1K
NOI $6,308 @ 7.0% cap · market cap 5.90%
Second Best
Self Storage
$86.1K
$75.4K – $100.5K
NOI $6,028 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$145.1K
$127.0K – $169.3K
NOI $10,159 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 86406, AZ
24,935
Population
14,846
Households
1.7
Avg Household Size
57
Median Age
19%
College-Educated
94%
High-School Grad
244.5 sq mi
ZIP Area
102
Density / Sq Mi
$74,171
Median Household Income
$45,457
Median Earnings
$1,311
Median Rent
$434,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Gated storage unit with 14-foot tall door, 24-hour access, security cameras, and onsite water and electricity.
Where is this self storage facility located?
The property is located at 3400 Sweetwater Ave Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $107,000.
What are key features of this property?
This property features: 50‑foot deep storage unit with a 14‑foot tall door; Gated complex with 24‑hour access; Security cameras on site
