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Property profile & analytics
OFF-MARKET
Retail space
1831 Industrial Blvd, Lake Havasu City, AZ 86403-3690
Individually Owned
4-yr Hold
Free & Clear
Property ID
US07-0173226
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
STEEL FRAME
Lot
0.88 ac (38,333 SF)
Zoning code
MI
APN
106-17-006
UPID
US07-0173226
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
-
Caley Nursery Landscaping General Contractor
-
Serrano's Nursery Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Abner J Schultz · 4 yrs held
Abner J Schultz
since 2022
7 recorded transactions
Zoning & alternative use
MI · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,380
Tax year 2020
Assessed value
$58,467
Assessed 2025
Previous assessed
$57,621
+1.5% YoY
Effective rate
4.07%
On assessed value
Land market value
$292,807
Improvement market value
$32,009
Total market value
$324,816
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1992
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.88 ac (38,333 SF)
Zoning code
MI
APN
106-17-006
UPID
US07-0173226
Jurisdiction
MOHAVE
Zoning & alternative use
MI · Lake Havasu City, AZ
Zoning MI · permitted uses
MI · 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
1992
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Abner J Schultz
Individual
Free & Clear · 4 yrs held
Mailing address
2010 ACOMA BLVD W, LAKE HAVASU CITY, AZ 86403-2988
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2022
—
Abner J Schultz
Abner Schultz
Intrafamily Transfer
related
—
Sep 12, 2008
—
Benjamin Serrano
Serrano,benjamin & Julie A
Quit Claim Deed
related
$151,961 · Vanderbilt Mortgage & Finance
Mar 16, 2006
—
Benjamin Serrano
Jft Investors LLC
Warranty Deed
related
—
Sep 19, 2005
$290,000
Havasu Co LLC
Green Acres Properties INC
Warranty Deed
related
—
Apr 28, 2004
—
Abner J Schultz
Green Acres Properties
Grant Deed
related
—
Jan 26, 2001
$158,821
Green Acres Properties INC
Serrano,benjamin
Grant Deed
related
—
Apr 10, 1997
$130,000
Benjamin Serrano
Lincoln Trust Co Trustee
Grant Deed
related
$100,000 · Seller
Jul 25, 1996
—
Phillip A Oliver
Phillip A Oliver
Quit Claim Deed
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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