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    1830 Mesquite Ave Lake Havasu City, AZ 86403
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    Property profile & analytics

    1830 Mesquite Ave Lake Havasu City, AZ 86403

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    • Medical Office Space
    • 6,309 SF
    • 0.60 lot acres
    For Lease
    $5,990/Mo
    View Listing →
    Medical Office Space Available For Lease
    $5,990/Mo
    8,000 SF

    Medical Office Space Available

    Professional medical office space for rent near HRMC.

    1830 Mesquite Ave, Lake Havasu City, AZ 86403
    View Listing
    Property ID
    US07-1315748
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • NEAL PATRICK PATALINGHUG / Pediatrician / Physician
    • KRISTY M WHELAN / Pediatrician / Physician
    • Dr. Mohamed S. El-Toukhy, MD / Pediatrician / Physician
    • Natural Health Options / Alternative Medicine Practice
    • TERESA J TIBBETTS / Pediatrician / Physician

    Property Details for 1830 Mesquite Ave

    Year built
    1986
    Construction
    CONCRETE
    Lot size
    0.60 lot acres
    Property size
    6,309 SF
    Zone code
    C2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    107-09-004
    APU
    10709004

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $770,000
      Market price range: $709k - $1.33M
      AI Estimate
      $770,000
      Market price range: $709k - $1.33M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $905,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,040,000
      Change: +15% Conversion: Moderate
      OFFICE BUILDING
      $840,000
      Change: -7% Conversion: Easy
      COMMERCIAL (GENERAL)
      $735,000
      Change: -19% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lake Havasu City
    County
    Mohave
    State
    Arizona
    Longitude
    -114.337
    Latitude
    34.4789
    CBSA code
    29420
    CBSA name
    LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $9,572
    $0.00
    $0.00
    $138,948
    -
    $314,256
    $612,063
    $926,319

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation
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      22,536 SF

      1845 Mcculloch Blvd N Ste A7

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      1845 Mcculloch Blvd N Ste A7, Lake Havasu City, AZ 86403-5722
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    • Value Estimation
      $545,000
      2,575 SF

      2082 Mesquite Ave, Unit A

      MEDICAL CLINIC • 2,575 SF
      2082 Mesquite Ave, Lake Havasu City, AZ 86403-6710
      View Details
    • Value Estimation
      $1,225,000
      5,796 SF

      1980 Mesquite Ave

      MEDICAL CLINIC • 5,796 SF
      1980 Mesquite Ave, Lake Havasu City, AZ 86403-7713
      View Details
    • Value Estimation
      $1,235,000
      5,852 SF

      1948 Mesquite Ave

      MEDICAL CLINIC • 5,852 SF
      1948 Mesquite Ave, Lake Havasu City, AZ 86403-5777
      View Details
    • Value Estimation
      $750,000
      3,702 SF

      2180 Mcculloch N Blvd

      MEDICAL CLINIC • 3,702 SF
      2180 Mcculloch N Blvd, Lake Havasu City, AZ 86403-6879
      View Details

    Similar Nearby for Sale

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      Renovated Medical Office Building

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      Lake Havasu City Commercial Property

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      Office space with views, suitable for medical or professional use.
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      Commercial building with flexible zoning in Lake Havasu City.
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      Class A medical space in Lake Havasu City for lease.
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      Medical Office Space For Rent

      Medical office space in prime location near hospital.
      1945 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details
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      15,910 SF

      Medical Property in Lake Havasu

      Prime medical space available for lease in Lake Havasu City.
      297 Lake Havasu Ave, Lake Havasu City, AZ 86403
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      Lake Havasu City Medical Property

      Medical space for lease in Lake Havasu City, Arizona.
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      Updated Medical Office in Havasu

      Updated medical office in Lake Havasu's Medical District for rent.
      1720 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details
    • $1,200 /Mo
      12,136 SF

      Lake Havasu City Office Space

      Office space with views, suitable for medical or professional use.
      1987 Mcculloch Blvd, Lake Havasu City, AZ 86403
      View Details
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    Lake Havasu City, AZ 86403
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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