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Property profile & analytics
OFF-MARKET
Estimated value
$6,510,000
Grocery and convenience stores
1597 Mcculloch N Blvd Lake Havasu City, AZ 86403-0933
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0841506
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1989
Construction
STEEL FRAME
Total area
2,707 SF
Lot
0.96 ac (41,818 SF)
Zoning code
C1
APN
107-31-005
UPID
US07-0841506
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
-
Glacier Water Gas Station
-
Athena Bitcoin ATM Crypto Atm Atm
-
Pit Stop Deli Food Market Restaurant
-
London Bridge Chevron Gas Station
-
Bitcoin of America ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.51M
Owner & transaction history
Mesa Valley Housing Associates LP · 4 yrs held
Mesa Valley Housing Associates LP
since 2021
Last sale
$6.5M
7 recorded transactions
Zoning & alternative use
C1 · Lake Havasu City, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$6,535,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.51M
Range $5.86M – $7.16M · ±10% · vs last sale $6.50M (Dec 29 2021)
Last sale anchor
$6.50M
Dec 29 2021
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
$2,405 / 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
$2,324
Tax year 2022
Assessed value
$179,689
Assessed 2025
Previous assessed
$163,392
+10.0% YoY
Effective rate
1.29%
On assessed value
Land market value
$666,264
Improvement market value
$332,008
Total market value
$998,272
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
2,707 SF
Lot
0.96 ac (41,818 SF)
Zoning code
C1
APN
107-31-005
UPID
US07-0841506
Jurisdiction
MOHAVE
Zoning & alternative use
C1 · Lake Havasu City, AZ
Zoning 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
Lake Havasu City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Mesa Valley Housing Associates LP
Entity
Mailing address
3 CHARTER OAK PL, HARTFORD, CT 06106-1915
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2021
$6,500,000
Mesa Valley Housing Associates LP
Myung H Choi
Special Warranty Deed
—
Feb 20, 2018
—
Choi,myung H & Connie 2004 Trust
—
Deed
related
$1,541,000 · Mohave St Bk
Sep 30, 2014
$2,050,000
The Myung H & Connie Choi 2004 Fami
Gaetano Giudice
Special Warranty Deed
$1,623,000 · Mohave State Bank
Oct 11, 2011
—
Giudice G K Family Trust
Giudice L & S Family 1989
Quit Claim Deed
related
—
Apr 29, 1998
$1,447,125
Gludice Trust
Hilton,paul L
Grant Deed
$1,050,000 · Ge Capital Small Business Finl
—
—
Giudice G K Family Trust
—
Deed Of Trust
related
$750,000 · Mohave State Bank
—
—
Choi,myung H & Connie 2004 Trust
—
Deed Of Trust
related
$1,541,000 · Mohave St Bk
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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