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Property profile & analytics
FOR LEASE
Grocery and convenience stores
1799 N Kiowa Ave Lake Havasu City, AZ 86403
Entity Owned
8-yr Hold
Free & Clear
Property ID
US07-0631949
For Lease
1 / 2
$8,465,000
1799 N Kiowa Ave, Lake Havasu City, AZ 86403
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1993
Construction
CONCRETE
Total area
53,600 SF
Lot
4.83 ac (210,395 SF)
APN
115-19-003H
UPID
US07-0631949
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
-
ATM Atm
-
Dr. Gregory Skinner Dental Office
-
We Be Pop'n Gourmet Popcorn & More (Bike/Boat/Book/etc) Store
-
Beneficial Portable Toilets Lake Havasu City Building Supply
-
Number One Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.47M
Blend (final)
Blend
$8.47M
Owner & transaction history
1799 Kiowa Avenue LLC · 8 yrs held
1799 Kiowa Avenue LLC
since 2018
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.8M
+102.5%
Restaurant
$11.8M
+101.7%
Apartment house (5+ units)
$8.9M
+51.6%
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
RETAIL STORES
$5,840,000
Current use
AUTO REPAIR, GARAGE
$11,825,000
Change: +103% · Conversion: Difficult
RESTAURANT
$11,775,000
Change: +102% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$8,855,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$7,685,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$7,150,000
Change: +22% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,230,000
Change: +7% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,800,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$8.47M
Range $7.62M – $9.31M · ±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
$158 / 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
$52,275
Tax year 2020
Assessed value
$1,008,137
Assessed 2025
Previous assessed
$874,233
+15.3% YoY
Effective rate
5.19%
On assessed value
Land market value
$1,393,996
Improvement market value
$4,206,767
Total market value
$5,600,763
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
GROCERY, SUPERMARKET
Status
For Lease
Year built
1993
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
53,600 SF
Lot
4.83 ac (210,395 SF)
APN
115-19-003H
UPID
US07-0631949
Jurisdiction
MOHAVE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$11.8M
RESTAURANT
Est. value
$11.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.9M
MEDICAL BUILDING
Est. value
$7.7M
OFFICE BUILDING
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$6.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.8M
RETAIL STORES Current
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1993
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
4.83 ac
Current owner
From public records · entity-resolved
1799 Kiowa Avenue LLC
Entity
Free & Clear · 8 yrs held
Mailing address
221 MAIN ST UNIT #1645, LOS ALTOS, CA 94023-9037
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2018
—
1799 Kiowa Avenue LLC
Detrick S B & B J L/tr
Warranty Deed
related
—
Oct 16, 2015
—
Detrick,s B & B J Trust
Detrick,shelley B & Barbara J
Quit Claim Deed
related
—
—
—
Shelley Detrick
—
Deed Of Trust
related
$2,500,000 · Sun Life Assurance Co Canada
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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