Entity Owned Property summary
AI-generated overview
The property is a 9,763 sq ft commercial/light industrial facility in Lake Havasu City, Arizona, situated on a 1.1-acre lot along Aviation Dr within an industrial corridor. The building is constructed of solid concrete and includes large, open work areas with tall ceilings. It has three-phase electrical service and provides roll-up door access (a 14x14 roll-up door is planned/being provided). The site features professional landscaping and curb-facing improvements. The property is zoned for light industrial use and is arranged for leasing as a gross lease configuration, with water potentially included subject to approval. The building is configured to support a single-tenant setup, with one neighboring tenant identified as the owner.
Property profile
Verified
Property type
Other industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2008
Total area
16,459 SF
Lot
1.1 ac (47,916 SF)
APN
115-07-035
UPID
US07-3480608
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cafe & Coffee Shop Specialty Food Shop
-
(Bike/Boat/Book/etc) Store Production Facility
-
Hardware & Home Improvement Construction Company
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
$2.39M
Blend (final)
Blend
$3.03M
Owner & transaction history
since 2023
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Auto repair, garage
$3.6M
+77.3%
Restaurant
$3.6M
+76.6%
Apartment house (5+ units)
$2.7M
+32.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
8 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.03M
Value range
$2.72M – $3.33M
±10% around blend
Estimated value / SF
$184 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$2.72M
blend $3.03M
$3.33M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
16,459 SF
Lot area
1.1 ac
Year built
2008
Stories
1
APN
115-07-035
Assessed value
$434,123
Annual tax
$12,761
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.22M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.41M
@ 6.5% CAP return
$2.22M
@ 7% CAP return
$2.07M
4
Sales comparison
Partial preview
Sales approach indication
$2.39M
Range $555k – $3.16M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.03M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 96 sales
$124
+48%
County 204 sales
$116
+59%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $184/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+77%
vs current-use indication
Restaurant
Apartment House (5+ Units)
Office Building
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
4.80%
Implied, in-place cap rate for this other industrial properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.80%
9.0%
NOI (est.)
$182k *
Last sale · Oct 2023
$2.60M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.79M
Move the market yield to see immediate price impact.
Value / SF
$230
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.30%4.80%5.30%
$164k
$3.81M
$3.41M
$3.09M
$182k
$4.23M
$3.79M
$3.43M
$200k
$4.66M
$4.17M
$3.78M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$12,761
Tax year 2020
Assessed value
$434,123
Assessed 2025
Previous assessed
$350,751
+23.8% YoY
Effective rate
2.94%
On assessed value
Land market value
$344,608
Improvement market value
$2,067,188
Total market value
$2,411,796
Applied tax rate
2,571.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2008
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
16,459 SF
Lot
1.1 ac (47,916 SF)
APN
115-07-035
UPID
US07-3480608
Jurisdiction
MOHAVE
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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