Individually Metered Storage
For Sale
$74,900
806-911 Lake Havasu Ave N, Lake Havasu City, AZ 86403
12 storage units are separately metered, with 11' door height and 10' wide access.
Property Size420 SF
Price / SF$178.33
Days on Market237
Property Features for 806-911 Lake Havasu Ave N
General Information
Standard status
Active
Size
420 SF
Taxes and HOA fees
Annual Taxes
$350
Listing Agency:
Brooks-Clark And Assoc.
Listed By:
Suzannah Ballard
(928) 727-0037
Source:
Exprealty
Added: Mar 9
Changed: Oct 26
Last Checked: Oct 30 at 6:38PM
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 Brooks-Clark And Assoc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property consists of 12 storage units, each separately metered. Unit size is indicated as 12 by 35, providing a compact, functional storage layout for a range of uses.
Access is designed through a single door opening described as 11 feet high and 10 feet wide, making it straightforward to move items into and out of the units.
The owner indicates seller may carry, which may be of interest to qualified buyers seeking alternative financing terms.
Access is designed through a single door opening described as 11 feet high and 10 feet wide, making it straightforward to move items into and out of the units.
The owner indicates seller may carry, which may be of interest to qualified buyers seeking alternative financing terms.
Key Highlights
- 12 storage units on site, each separately metered
- 11' door height for the storage units
- 10' wide access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,076
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$81,520
$81.5K
Cap Rate 7%
$58,229
$58.2K
Cap Rate 9%
$45,289
$45.3K
Market Conditions
NOI Build-Up for 420 SF
Gross rent
$5.4K $12.96/SF
− Vacancy
−$648 −$1.54/SF
EGI
$4.8K $11.42/SF
− OpEx
−$719 −$1.71/SF
NOI
$4.1K $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%
$81,520
Cap Rate 7%
$58,229
Cap Rate 9%
$45,289
Alternative Uses
Best Use
Warehouse
$58.2K
$51.0K – $67.9K
NOI $4,076 @ 7.0% cap · market cap 5.44%
Second Best
Self Storage
$55.6K
$48.7K – $64.9K
NOI $3,895 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$93.8K
$82.1K – $109.4K
NOI $6,564 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
967
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
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Self storage facility - 12 storage units are separately metered, with 11' door height and 10' wide access.
Where is this self storage facility located?
The property is located at 806-911 Lake Havasu Ave N Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: 12 storage units on site, each separately metered; 11' door height for the storage units; 10' wide access
