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    OFF-MARKET
    Land

    5621 Az-95, Lake Havasu City, AZ 86404

    1.21 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.21-acre commercial land parcel, located at 5621 AZ-95 in Lake Havasu City, Arizona (APN 120-54-007), presents a unique investment opportunity. Priced at $525,000, this property boasts unparalleled visibility and accessibility along Highway 95, experiencing an estimated 30,000 vehicles daily. Its General Commercial zoning allows for a wide range of development possibilities. The lot is already graded and ready for construction, providing a significant advantage over other sites. Its prime location precedes the downtown Lake Havasu City area, offering superior exposure compared to downtown properties. The property benefits from its proximity to The Shops at Lake Havasu, a thriving shopping center opened in 2008, encompassing over 720,000 square feet of commercial space. This established center features major retailers such as Dillard's, JCPenney, PetSmart, Walmart Supercenter, and Star Cinemas, ensuring high foot traffic and consumer activity. The Shops at Lake Havasu hosts numerous annual events and continues to attract new businesses, further enhancing the area's appeal and potential for growth. This outdoor mall offers a pleasant shopping experience with added amenities like fountains and misters. This is a rare opportunity to acquire a highly visible, ready-to-develop commercial lot in a rapidly growing area of Lake Havasu City.

    Property profile
    Verified
    Property type Land
    Lot 1.21 ac (52,708 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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