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    OFF-MARKET Estimated value $975,000
    Auto shops

    1620 Countryshire Ave, Lake Havasu City, AZ 86403-3620

    2,612 SF 0.59 ac lot Built 1992
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US07-0510090
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 1620 Countryshire Ave in Lake Havasu City, Arizona (zip code 86403), presents a compelling investment opportunity. The 5,129 square foot building sits on a 1.08-acre lot and is zoned L-C-2. Built in 1977, with renovations in 1983, 1993, and 2003, this two-story structure offers a versatile layout ideal for a variety of uses. Currently vacant, the property boasts four 39-foot-deep service bays, each equipped with 14-foot roll-up doors, perfect for a marine dealer or service garage. The spacious interior features an open area suitable for display or office space, complemented by two private offices located in the rear. The upper level provides additional space that can be utilized as office space or storage. Adding to its functionality, the property includes an RV dump station. The asking price is $1,999,999, translating to $389.94 per square foot. This prime location offers highway frontage in the heart of Lake Havasu City's industrial area, providing excellent visibility and accessibility. The property's APN is 106-24-063/064. This is a rare opportunity to acquire a well-maintained, versatile property with significant potential in a desirable location.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1992
    Construction CONCRETE
    Total area 2,612 SF
    Lot 0.59 ac (25,700 SF)
    Zoning code C
    APN 106-24-063
    UPID US07-0510090
    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
    • JR RV Rentals Campground & RV Park
    • JR Motors Service Car Dealership
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $767k
    Blend (final) Blend
    $975k
    Owner & transaction history
    Stump Holdings LLC · 1 yrs held
    Stump Holdings LLC
    since 2024
    Last sale
    $1.2M
    7 recorded transactions
    2024
    $1.7M
    2022
    $1.2M
    2009
    $550,000
    2002
    1969
    1969
    1969
    Zoning & alternative use
    C · Lake Havasu City, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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