Multi-Office Building with Lake
For Sale
$1,479,900
430 El Camino Way, Lake Havasu City, AZ 86403
Commercial Sale, Lake Havasu City, AZ
Property Size6,848 SF
Lot Size0.26 Acres
Price / SF$216.11
Days on Market519
Property Features for 430 El Camino Way
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
Hwy 95 to S Palo Verde Blvd.
Standard status
Active
APN
107-16-017
Size
6,848 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
TRACT: 2194 LAKE HAVASU CITY TR 2194 SEC 9 & 10 BLK 3 LOT 8
Tax Annual Amount
12473
Legal Description
TRACT: 2194 LAKE HAVASU CITY TR 2194 SEC 9 & 10 BLK 3 LOT 8
Utilities
Cooling system
Multi Units, Electric
Water source
Public
Amenities
large reception area
file room
bathrooms
large kitchen
break room
laundry hook ups
open concept
lake views
storage
security system
timered landscaping
Building Details
Year built
2006
Floors in Building
2
Number of units
20
Flooring type
Laminate
Roof type
Rolled Hot Mop
Listing Agency:
Coldwell Banker Realty
(928) 855-2191
Listed By:
Sarra Springberg · License #SA668514000
(928) 846-6676
Added: Apr 25, 2025
Changed: Sep 14
Last Checked: Sep 25 at 7:06AM
MLS# 1035256
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.
Built in 2006, this 6,848-square-foot office building occupies a 0.26-acre site and is configured for professional office use. The interior includes a substantial reception area, file room, four bathrooms, a main-level kitchen, and an upper-level break room with laundry hookups. An open layout, laminate flooring, and electric cooling served by multiple units are also provided.
Lake views extend behind the building, while below-building storage offers additional space for overflow needs. The property includes a security system, timered landscaping, public water service, and a rolled hot mop roof. Its position provides highway visibility, supporting convenient exposure for an office user.
Lake views extend behind the building, while below-building storage offers additional space for overflow needs. The property includes a security system, timered landscaping, public water service, and a rolled hot mop roof. Its position provides highway visibility, supporting convenient exposure for an office user.
Key Highlights
- 6,848‑square‑foot office building on a 0.26‑acre site
- Built in 2006 with multi‑office professional layout
- Large reception area, file room, and four bathrooms
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
$75,961
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
5.13%
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%
$1,519,220
$1.5M
Cap Rate 7%
$1,085,157
$1.1M
Cap Rate 9%
$844,011
$844.0K
Market Conditions
NOI Build-Up for 6,848 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
$119.2K $17.40/SF
− Vacancy
−$17.9K −$2.61/SF
EGI
$101.3K $14.79/SF
− OpEx
−$25.3K −$3.70/SF
NOI
$76.0K $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 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%
$1,519,220
Cap Rate 7%
$1,085,157
Cap Rate 9%
$844,011
Alternative Uses
Best Use
Office B
$1.09M
$949.5K – $1.27M
NOI $75,961 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $107,026 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Professional office property with reception, multiple work areas, storage, and separate break facilities across two levels.
Where is this office building located?
The property is located at 430 El Camino Way Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $1,479,900.
What are key features of this property?
This property features: 6,848‑square‑foot office building on a 0.26‑acre site; Built in 2006 with multi‑office professional layout; Large reception area, file room, and four bathrooms
