Property profile

5621 Az-95 Lake Havasu City, AZ 86404

OFF-MARKET
Land
1.21 ac lot
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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

Location

5621 Az-95 Lake Havasu City, AZ 86404
Lake Havasu City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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