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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Strip malls
124 Lk Havasu N Ave, Lake Havasu City, AZ 86403-5640
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1192407
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1998
Construction
STEEL FRAME
Total area
12,078 SF
Lot
0.77 ac (33,541 SF)
Zoning code
C2
APN
107-08-002
UPID
US07-1192407
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
-
Twisted Metal Cycle Shop Auto Repair Shop Motorcycle Shop
-
Twisted Powersports Auto Parts Store Motorcycle Shop
-
Spruce Goose Cleaning Company of Lake Havasu City Janitorial Service Tile Cleaning Service
-
Get Twisted Off Road Parts & Service Auto Parts Store
-
Flowers Care Giver Services Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$1.52M
Owner & transaction history
Twisted Metal Cycle Shop LLC · 4 yrs held
Twisted Metal Cycle Shop LLC
since 2022
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
C2 · Lake Havasu City, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.0M
+52.6%
Medical building
$1.7M
+32.5%
Office building
$1.6M
+23.3%
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
NEIGHBORHOOD: SHOPPING CENTER
$1,305,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,995,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$1,730,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$1,610,000
Change: +23% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,405,000
Change: +7% · Conversion: Easy
RETAIL STORES
$1,315,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±10% · vs last sale $1.10M (May 4 2022)
Last sale anchor
$1.10M
May 4 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
$125 / 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
$14,707
Tax year 2020
Assessed value
$382,290
Assessed 2025
Previous assessed
$312,620
+22.3% YoY
Effective rate
3.85%
On assessed value
Land market value
$376,568
Improvement market value
$1,747,268
Total market value
$2,123,836
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
12,078 SF
Lot
0.77 ac (33,541 SF)
Zoning code
C2
APN
107-08-002
UPID
US07-1192407
Jurisdiction
MOHAVE
Zoning & alternative use
C2 · Lake Havasu City, AZ
Zoning C2 · permitted uses
C2 · Lake Havasu City, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Havasu City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1998
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Twisted Metal Cycle Shop LLC
Entity
Mailing address
124 LK HAVASU AVE N, LAKE HAVASU CITY, AZ 86403-5640
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2022
$1,100,000
Twisted Metal Cycle Shop LLC
Dede Ventures LLC
Land Contract
$1,100,000 · Not Available
May 4, 2022
—
Thomas V Kimes
Katharine M Kimes
Deed
related
—
Oct 20, 2021
$1,100,000
Twisted Metal Cycle Shop LLC
Dede Ventures LLC
Land Contract
$1,100,000 · Dede Ventures LLC
Mar 6, 1998
$695,000
Dede Ventures LLC
Komick,kenneth J & Diane M
Grant Deed
$700,000 · Capital Bancorporation
—
—
Dede Ventures LLC
—
Deed Of Trust
related
$150,000 · Capital Bank NA
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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