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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Industrial properties
1050 Empire Dr, Lake Havasu City, AZ 86404-2429
Trust Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0910693
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1987
Construction
CONCRETE
Total area
5,972 SF
Lot
1.04 ac (45,302 SF)
APN
115-07-007
UPID
US07-0910693
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
Current use
Occupant on record · Public records
-
Custom Counter & Wood Specs General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$790k
Owner & transaction history
Rieth Dale E & Linda A Trust · 21 yrs held
Rieth Dale E & Linda A Trust
since 2005
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+76.6%
Apartment house (5+ units)
$985,000
+32.8%
Office building
$860,000
+16.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Havasu City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Havasu City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$745,000
Current use
RESTAURANT
$1,310,000
Change: +77% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$985,000
Change: +33% · Conversion: Moderate
OFFICE BUILDING
$860,000
Change: +16% · Conversion: Easy
MEDICAL BUILDING
$855,000
Change: +15% · Conversion: Easy
RETAIL STORES
$650,000
Change: -12% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$645,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$132 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$7,174
Tax year 2020
Assessed value
$143,698
Assessed 2025
Previous assessed
$123,891
+16.0% YoY
Effective rate
4.99%
On assessed value
Land market value
$330,782
Improvement market value
$467,539
Total market value
$798,321
Applied tax rate
2,571.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Total area
5,972 SF
Lot
1.04 ac (45,302 SF)
APN
115-07-007
UPID
US07-0910693
Jurisdiction
MOHAVE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$745,000
RESTAURANT
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$985,000
OFFICE BUILDING
Est. value
$860,000
MEDICAL BUILDING
Est. value
$855,000
RETAIL STORES
Est. value
$650,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$645,000
COMMERCIAL (GENERAL) Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Lot
1.04 ac
Current owner
From public records · entity-resolved
Rieth Dale E & Linda A Trust
Trust
Mailing address
4310 PONDEROSA PNE CT, WICKENBURG, AZ 85390-1760
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2005
—
Rieth Dale E & Linda A Trust
Custom Counters
Warranty Deed
related
—
—
—
Rieth D E & L A Living Trust
—
Deed Of Trust
related
$249,000 · Mohave State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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