Separately Metered Storage
For Sale
$74,900
808-911 Lake Havasu Ave N, Lake Havasu City, AZ 86403
Storage units include a 13-by-35 unit separately metered with 10-by-11 door openings.
Property Size455 SF
Price / SF$164.62
Days on Market237
Property Features for 808-911 Lake Havasu Ave N
General Information
Standard status
Active
Size
455 SF
Taxes and HOA fees
Annual Taxes
$350
Listing Agency:
Brooks-Clark And Assoc.
Listed By:
Suzannah Ballard · License #SA116800000
(928) 727-0037
Source:
Exprealty
Added: Mar 9
Changed: Oct 26
Last Checked: Oct 30 at 8:01PM
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.
This property consists of storage space configured as a 13-by-35 storage unit that is separately metered. The unit is served by a door opening measuring 10 by 11.
The offering is for sale.
The owner may carry, which may be helpful for qualified buyers seeking seller financing options.
The offering is for sale.
The owner may carry, which may be helpful for qualified buyers seeking seller financing options.
Key Highlights
- Includes a 13 x 35 storage unit with a 10 x 11 door opening
- Storage unit is separately metered
- Owner may carry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,416
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$88,320
$88.3K
Cap Rate 7%
$63,086
$63.1K
Cap Rate 9%
$49,067
$49.1K
Market Conditions
NOI Build-Up for 455 SF
Gross rent
$5.9K $12.96/SF
− Vacancy
−$702 −$1.54/SF
EGI
$5.2K $11.42/SF
− OpEx
−$779 −$1.71/SF
NOI
$4.4K $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%
$88,320
Cap Rate 7%
$63,086
Cap Rate 9%
$49,067
Alternative Uses
Best Use
Warehouse
$63.1K
$55.2K – $73.6K
NOI $4,416 @ 7.0% cap · market cap 5.90%
Second Best
Self Storage
$60.3K
$52.7K – $70.3K
NOI $4,219 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$101.6K
$88.9K – $118.5K
NOI $7,111 @ 7.0% cap · market cap 9.49%
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 - Storage units include a 13-by-35 unit separately metered with 10-by-11 door openings.
Where is this self storage facility located?
The property is located at 808-911 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: Includes a 13 x 35 storage unit with a 10 x 11 door opening; Storage unit is separately metered; Owner may carry
