Property profile

1588 Countryshire Ave Lake Havasu City, AZ 86403

OFF-MARKET
Retail space
Property ID
US07-0521576
1,764 SF 0.23 ac lot Built 1980
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,492 square foot flex/warehouse space in Lake Havasu City, Arizona, presents a unique investment opportunity. Located at 1588 Countryshire Ave, 86403, this Class B, two-story building boasts a versatile layout ideal for a variety of small businesses. The ground floor features a spacious shop and office area, perfect for automotive, contracting, or marine-related enterprises. Upstairs, a living area provides additional space. The property includes a large, fenced concrete rear parking area with two carports, offering ample parking for employees and customers (24 spaces total). Built in 1971 and extensively renovated in 2022, this property is move-in ready. The 0.24-acre lot is zoned C-2. Key features include a 9-foot ceiling height, one unit, and a pro-forma NOI of $62,000, resulting in a 6.29% pro-forma cap rate. The asking price is $985,000, translating to $282.07 per square foot. This owner/user investment opportunity combines functionality and convenience in a prime Lake Havasu City location. The property's APN is 106-24-068.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Construction CONCRETE
Total area 1,764 SF
Lot 0.23 ac (10,019 SF)
Zoning code C
APN 106-24-068
UPID US07-0521576

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
  • Loan Service

Location

1588 Countryshire Ave Lake Havasu City, AZ 86403-3619
Lake Havasu City metro Census 952600 LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$900k

Owner & transaction history

since 2025
Last sale
$882,000
3 recorded transactions
2025
$882,000
2002
$215,000
2000
$145,000

Zoning & alternative use

C · Lake Havasu City, AZ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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