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 Market192
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
(928) 727-0037
Source:
Exprealty
Added: Mar 9
Changed: Sep 11
Last Checked: Sep 15 at 5:58PM
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.
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 = 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
$4,416
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%
$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
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
$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 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%
$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.
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
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 - 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
