Trust Owned Property summary
AI-generated overview
This commercial building in Lake Havasu City, Arizona has a gross building area of 4,452 square feet and sits on a 0.13-acre lot. It is configured with a large, open floor plan and has historically been used as a racquetball complex; the layout supports potential reconfiguration for uses such as a gym or other training-oriented commercial facility. The property is positioned on an island location with visibility to passing traffic and includes shared parking to serve visitors and tenants.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1987
Construction
STEEL FRAME
Total area
13,511 SF
Lot
1.64 ac (71,438 SF)
APN
107-74-001
UPID
US07-0957577
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
-
Clothing Store
-
(Bike/Boat/Book/etc) Store
-
Association / Organization
-
Boat Rental Service
-
Home Appliance Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$4.87M
Owner & transaction history
since 2017
5 recorded transactions
Zoning & alternative use
Top alternative use upside
Auto repair, garage
$3.0M
+103.8%
Restaurant
$3.0M
+103.0%
Apartment house (5+ units)
$2.2M
+52.6%
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
$4.87M
Value range
$4.38M – $5.36M
±10% around blend
Estimated value / SF
$360 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$4.38M
blend $4.87M
$5.36M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
13,511 SF
Lot area
1.64 ac
Year built
1987
Stories
2
APN
107-74-001
Assessed value
$915,662
Annual tax
$36,560
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.04M
Range $804k – $2.04M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.87M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 47 sales
$108
+233%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $360/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
+104%
vs current-use indication
Restaurant
Apartment House (5+ Units)
Medical Building
Office 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
Not available
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: replacement-cost inputs are not on file.
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
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$916k
Move the market yield to see immediate price impact.
Value / SF
$68
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
5.00%7.00%9.00%
$58k
$1.15M
$824k
$641k
$64k
$1.28M
$916k
$712k
$71k
$1.41M
$1.01M
$783k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$36,560
Tax year 2020
Assessed value
$915,662
Assessed 2025
Previous assessed
$818,092
+11.9% YoY
Effective rate
3.99%
On assessed value
Land market value
$1,507,755
Improvement market value
$3,579,256
Total market value
$5,087,011
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
OTHER
Cooling
AC.PACKAGE
Buildings
3
Stories
2
Total area
13,511 SF
Lot
1.64 ac (71,438 SF)
APN
107-74-001
UPID
US07-0957577
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
1987
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
2
Buildings
3
Lot
1.64 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.
Registration is required before any owner information is shown.
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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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