Self-Storage Unit with Oversized
For Sale
$74,900
911 N Lake Havasu Ave Unit 811, Lake Havasu City, AZ 86403
Separately metered storage unit with a tall, wide access door.
Property Size420 SF
Price / SF$178.33
Days on Market235
Property Features for 911 N Lake Havasu Ave Unit 811
General Information
Standard status
Active
Size
420 SF
Property subtype
Commercial
Additional Details
Self-Storage Units
1
Building Details
Year Built
1998
Listing Agency:
Brooks-Clark And Assoc.
Listed By:
Suzannah Ballard
(928) 727-0037
Source:
Lakehavasuareahomesearch
Added: Jan 12
Changed: Sep 2
Last Checked: Sep 2 at 6:39PM
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 self-storage unit provides 420 square feet within a 12 X 35 configuration. The space is separately metered and includes an access door measuring 11 X 10 wide. Built in 1998, the unit is located at 911 N Lake Havasu Ave Unit 811 in Lake Havasu City, Arizona.
Key Highlights
- 420‑square‑foot self‑storage unit
- 12 X 35 unit dimensions
- Separately metered space
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
$4,076
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
5.44%
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%
$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
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
$5.4K $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 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%
$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.
Property Analytics
Property Profile
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
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Frequently Asked Questions
What type of property is this?
Self storage facility - Separately metered storage unit with a tall, wide access door.
Where is this self storage facility located?
The property is located at 911 N Lake Havasu Ave Unit 811 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: 420‑square‑foot self‑storage unit; 12 X 35 unit dimensions; Separately metered space
