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Property profile & analytics
OFF-MARKET
Estimated value
$5,600,000
Gas stations
121 Lk Havasu N Ave Lake Havasu City, AZ 86403-5616
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1067305
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1989
Construction
STEEL FRAME
Total area
2,750 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C1
APN
107-31-002
UPID
US07-1067305
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
-
Athena Bitcoin ATM Crypto Atm Atm
-
Mobil Gas Station
-
Bathroom Public Bathroom
-
DELI LAUNDROMAT (Bike/Boat/Book/etc) Store
-
Self Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.60M
Owner & transaction history
Mesa Valley Housing Associates LP · 4 yrs held
Mesa Valley Housing Associates LP
since 2022
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
C1 · Lake Havasu City, AZ
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
$4,800,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.60M
Range $5.04M – $6.16M · ±10% · vs last sale $6.00M (Apr 28 2022)
Last sale anchor
$6.00M
Apr 28 2022
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
$2,036 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,763
Tax year 2022
Assessed value
$290,973
Assessed 2025
Previous assessed
$263,365
+10.5% YoY
Effective rate
0.95%
On assessed value
Land market value
$898,787
Improvement market value
$717,732
Total market value
$1,616,519
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
5
Stories
1
Total area
2,750 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C1
APN
107-31-002
UPID
US07-1067305
Jurisdiction
MOHAVE
Zoning & alternative use
C1 · Lake Havasu City, AZZoning C1 · permitted uses
C1 · Lake Havasu City, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City Laws Zoning Code PDF
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
5
Lot
1.45 ac
Current owner
From public records · entity-resolved
Mesa Valley Housing Associates LP
Entity
Mailing address
15957 N 81ST ST STE #101, SCOTTSDALE, AZ 85260-1851
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
$6,000,000
Mesa Valley Housing Associates LP
Richard Holmes
Special Warranty Deed
—
Mar 4, 2022
—
Richard Holmes
Richard Holmes
Intrafamily Transfer
related
$1,658,600 · Horizon Community Bank INC
Jul 29, 2013
$1,900,000
Richard Holmes
Haire,bobby & Rebecca
Warranty Deed
related
$1,450,000 · Horizon Community Bank
Aug 4, 2011
—
Charles Jessen
Jessen Family Trust
Quit Claim Deed
related
—
Aug 4, 2011
$800,000
Bobby L Haire
Jessen,charles & Kathleen
Warranty Deed
related
$600,000 · Horizon Community Bank
Feb 9, 2001
—
Joseph Trust
Joseph,emil M & Debra D
Quit Claim Deed
related
—
—
—
Bobby L Haire
—
Deed Of Trust
related
$15,000 · Horizon Community Bank
—
—
Charles Jessen
—
Deed Of Trust
related
$470,000 · Community National Bank
—
—
Charles Jessen
—
Deed Of Trust
related
$2,000,000 · Community National 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.
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