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Property profile & analytics
OFF-MARKET Estimated value $835,000
Industrial properties

1055 Empire Dr Lake Havasu City, AZ 86404-2400

4,527 SF 1.12 ac lot Built 1985
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US07-0480964
Property summary
AI-generated overview

This exceptional 8,000-square-foot property offers a versatile blend of office and warehouse space, ideal for a variety of businesses. The building boasts a flexible layout suitable for creative office uses, traditional office setups, executive suites, or even distribution and workshop operations. Multiple tenants are currently accommodated. The space is fully climate-controlled, ensuring year-round comfort. A convenient break room/kitchenette is included, along with an outdoor break area – a balcony or deck – perfect for relaxation or informal meetings. The property is in excellent condition and benefits from a central location off Kiowa, conveniently situated behind Ashley Furniture. Ample parking is available with 15 total spaces, including 5 drive-in bays, providing easy access for loading and unloading. This is a rare opportunity to secure a well-maintained, versatile commercial space in a highly desirable location. The property's multiple-tenant capacity makes it suitable for businesses seeking to expand or consolidate operations. The combination of modern amenities, convenient location, and flexible space makes this an attractive option for a wide range of commercial enterprises. Schedule a viewing today to experience this exceptional property firsthand.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1985
Construction CONCRETE
Total area 4,527 SF
Lot 1.12 ac (48,787 SF)
APN 115-07-017
UPID US07-0480964
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
  • 3-T'S RV Products Auto Parts Store
  • ProPrecision Sand & Offroad Auto Repair Shop Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$610k
Comparable Approach Comparable
$870k
Blend (final) Blend
$835k
Owner & transaction history
Ms Multi Family LLC · 1 yrs held
Ms Multi Family LLC
since 2024
Last sale
$810,000
7 recorded transactions
2024
$1.8M
2024
Price N/A
2021
Price N/A
2019
$810,000
2019
Price N/A
2016
Price N/A
2000
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.0M +77.3%
Office building $655,000 +16.0%
Medical building $650,000 +15.2%
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