Mixed-Use Property with RV
For Sale
$449,900
3493 E Heights Blvd Unit 53, Lake Havasu City, AZ 86404
Entertainment-focused quarters include a kitchen, bath, loft, appliances, and flexible storage space.
Property Size4,000 SF
Price / SF$112.48
Days on Market106
Property Features for 3493 E Heights Blvd Unit 53
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Building Details
Year Built
2021
Listing Agency:
eXp Realty
Listed By:
Team RDP
(928) 225-3375
Source:
Lakehavasuareahomesearch
Added: Jul 5
Changed: Oct 16
Last Checked: Oct 16 at 9:27AM
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
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Investment Insights
Based on property information with market context.
This 2021 mixed-use property is configured within a 50-by-20 garage unit with an expansive second-story loft. The interior includes a full kitchen with dishwasher, stove, farmhouse sink, butcher block countertops, and laminate flooring, along with a bathroom featuring a marble-and-glass shower surround and bidet toilet seat. Ceiling fans, a fireplace, LED stair lighting, tinted glass garage doors, and a wall-mounted TV setup add to the finished interior package. Stainless steel washer, dryer, and refrigerator convey with the property.
Two 20-foot side awnings provide covered outdoor space and are equipped with full RV hookups. The exterior also includes paver areas, grass, and a pond with a water feature. Additional interior storage is provided by ample closets and the full-length loft.
Two 20-foot side awnings provide covered outdoor space and are equipped with full RV hookups. The exterior also includes paver areas, grass, and a pond with a water feature. Additional interior storage is provided by ample closets and the full-length loft.
Key Highlights
- 2021 construction with 50‑by‑20 garage unit footprint
- Full kitchen with dishwasher, stove, farmhouse sink, and butcher block countertops
- Full‑length second‑story loft for storage or additional usable space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,100
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,000
$702.0K
Cap Rate 7%
$501,429
$501.4K
Cap Rate 9%
$390,000
$390.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$62.4K $15.60/SF
− Vacancy
−$6.2K −$1.56/SF
EGI
$56.2K $14.04/SF
− OpEx
−$21.1K −$5.27/SF
NOI
$35.1K $8.77/SF
Area
Mohave County, AZ
Vacancy
10.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,000
Cap Rate 7%
$501,429
Cap Rate 9%
$390,000
Alternative Uses
Best Use
Mixed Use
$501.4K
$438.8K – $585.0K
NOI $35,100 @ 7.0% cap · market cap 7.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$893.1K
$781.4K – $1.04M
NOI $62,515 @ 7.0% cap · market cap 13.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Entertainment-focused quarters include a kitchen, bath, loft, appliances, and flexible storage space.
Where is this mixed-use property located?
The property is located at 3493 E Heights Blvd Unit 53 Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 2021 construction with 50‑by‑20 garage unit footprint; Full kitchen with dishwasher, stove, farmhouse sink, and butcher block countertops; Full‑length second‑story loft for storage or additional usable space
