Flex Space with
For Sale
$294,500
911 N Lake Havasu Ave N 104, Lake Havasu City, AZ 86403
An air-conditioned showroom and rear shop area provide distinct customer-facing and work spaces.
Property Size1,212 SF
Price / SF$242.99
Days on Market103
Property Features for 911 N Lake Havasu Ave N 104
General Information
Standard status
Active
Size
1,212 SF
Property subtype
Light Industrial
Zoning
M-1P
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,505
Amenities
private restroom
rear shop swamp cooler
three entrances
trash service
common-area parking
Building Details
Building Size
1,212 SF
Year Built
2001
Listing Agency:
Paradise Sales & Management
Listed By:
Ed Jacobs
(928) 716-1199
Source:
Themoderndesertgroup
Added: Jul 22
Changed: Nov 1
Last Checked: Nov 1 at 1:40AM
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 Paradise Sales & Management
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Investment Insights
Based on property information with market context.
This 1,212-square-foot commercial condominium, built in 2001, has an air-conditioned showroom with large display windows and a rear shop bay. The bay measures 36 feet deep and has a 13-foot roll-up door, plus a rear man door. A private restroom, rear shop swamp cooler, and three entrances round out the interior features. The property is zoned M-1P for light manufacturing.
The unit fronts N Lake Havasu Avenue near Highway 95. A complex marquee sign and common-area parking serve the property. The layout combines a customer-facing showroom with a separate shop area, and trash service is provided.
The unit fronts N Lake Havasu Avenue near Highway 95. A complex marquee sign and common-area parking serve the property. The layout combines a customer-facing showroom with a separate shop area, and trash service is provided.
Key Highlights
- 1,212‑square‑foot commercial condominium built in 2001
- M‑1P light manufacturing zoning
- Air‑conditioned showroom with large display windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,772
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,440
$235.4K
Cap Rate 7%
$168,171
$168.2K
Cap Rate 9%
$130,800
$130.8K
Market Conditions
NOI Build-Up for 1,212 SF
Gross rent
$18.2K $15.00/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$16.8K $13.88/SF
− OpEx
−$5.0K −$4.16/SF
NOI
$11.8K $9.71/SF
Area
Mohave County, AZ
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,440
Cap Rate 7%
$168,171
Cap Rate 9%
$130,800
Alternative Uses
Best Use
Retail
$168.2K
$147.2K – $196.2K
NOI $11,772 @ 7.0% cap · market cap 4.00%
Second Best
Warehouse
$168.0K
$147.0K – $196.1K
NOI $11,763 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$270.6K
$236.8K – $315.7K
NOI $18,942 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
Balanced
Demand for This Use
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 Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - An air-conditioned showroom and rear shop area provide distinct customer-facing and work spaces.
Where is this flex space located?
The property is located at 911 N Lake Havasu Ave N 104 Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $294,500.
What are key features of this property?
This property features: 1,212‑square‑foot commercial condominium built in 2001; M‑1P light manufacturing zoning; Air‑conditioned showroom with large display windows
