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Property summary
This exceptional 9,510-square-foot retail property, located at 1515 N Lake Havasu Ave in Lake Havasu City, Arizona (zip code 86404), presents a remarkable investment opportunity. Built in 2005, this single-story building sits on a 0.43-acre lot and boasts 1177 total parking spaces, providing ample convenience for customers and employees. Currently vacant, the space offers immense flexibility for a variety of commercial uses. Previously configured as a daycare, the property features multiple office spaces, five bathrooms, and two kitchenettes, along with a reception area. Each unit has both small and large offices and its own meter. The building also includes a substantial 3,000-square-foot garage, 60 feet wide by 50 feet deep, with a 7'x16' door, adding significant storage or operational space. The property's zoning is L-C-1 Limited Commercial, allowing for diverse possibilities. Its location is highly advantageous, just one block from Highway 95 at Palo Verde North. Potential uses include, but are not limited to, a salon, medical spa, preschool, after-school recreational center, four independent retail shops, or even a bar or restaurant. The property is offered for sale at $1,695,000 or lease at $9,000 per month on a triple net lease basis. Owner financing may be available. The Mohave County APN is 104-35-007.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lake Havasu City market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
R3 · Lake Havasu City, AZZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for R3 in Lake Havasu City, AZ.
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