5621 Az-95 Lake Havasu City, AZ 86404
- Land
- 1.21 lot acres
Current Use by Public Records
- Land
Property Details for 5621 Az-95
- Lot size
- 1.21 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Havasu City
- County
- Mohave
- State
- Arizona
- Longitude
- -114.364
- Latitude
- 34.5682
