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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Turn key restaurants
1621 Mcculloch N Blvd, Lake Havasu City, AZ 86403-6547
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0841570
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1988
Construction
STEEL FRAME
Total area
5,377 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C1
APN
107-57-004
UPID
US07-0841570
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
-
Dutch Bros Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$984k
Blend (final)
Blend
$985k
Owner & transaction history
Bb Holdings Az LLC · 2 yrs held
Bb Holdings Az LLC
since 2023
6 recorded transactions
Zoning & alternative use
C1 · Lake Havasu City, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+0.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,180,000
Current use
AUTO REPAIR, GARAGE
$1,185,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10%
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
$183 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$7,442
Tax year 2020
Assessed value
$138,584
Assessed 2025
Previous assessed
$148,585
-6.7% YoY
Effective rate
5.37%
On assessed value
Land market value
$246,709
Improvement market value
$523,204
Total market value
$769,913
Applied tax rate
2,554.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
5,377 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C1
APN
107-57-004
UPID
US07-0841570
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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RESTAURANT Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Bb Holdings Az LLC
Entity
Mailing address
1772 E BOSTON ST STE #101, GILBERT, AZ 85295-6243
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2023
—
Bb Holdings Az LLC
Lfm Lhc LLC
Lease
—
Mar 17, 2011
$5,245,000
Lfm Lhc LLC
Andersen,darl J & Kaye L
Grant Deed
related
—
Apr 10, 2006
$4,350,000
Darl J Andersen
Andersen,wilford W & Kathleen B
Grant Deed
—
—
—
Lfm Lhc LLC
—
Deed Of Trust
related
$5,944,540 · Midfirst Bank State Savings Bk
—
—
Wilford W Andersen
—
Deed Of Trust
related
$6,525,000 · Wells Fargo Bank
—
—
Darl J Andersen
—
Deed Of Trust
related
—
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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