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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Office buildings
1940 Mesquite Ave, Lake Havasu City, AZ 86403-6123
Trust Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-0046453
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1980
Construction
STEEL FRAME
Total area
11,693 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C1
APN
107-34-013
UPID
US07-0046453
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
-
Regional Center For Border Health Inc Community Center
-
Compassus Nursing Home
-
College of Health Careers College
-
Nicholas Beard Counselor Practitioner Service Location
-
Heart to Heart In Home Care Service Establishment Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$974k
Blend (final)
Blend
$975k
Owner & transaction history
Snyder Family Trust · 8 yrs held
Snyder Family Trust
since 2017
7 recorded transactions
Zoning & alternative use
C1 · 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
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
OFFICE BUILDING
$1,560,000
Current use
COMMERCIAL (GENERAL)
$1,360,000
Change: -13% · Conversion: Easy
RETAIL STORES
$1,275,000
Change: -18% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,265,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±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
$83 / 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
$7,946
Tax year 2020
Assessed value
$182,063
Assessed 2025
Previous assessed
$151,844
+19.9% YoY
Effective rate
4.36%
On assessed value
Land market value
$246,623
Improvement market value
$764,838
Total market value
$1,011,461
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
2
Total area
11,693 SF
Lot
0.43 ac (18,731 SF)
Zoning code
C1
APN
107-34-013
UPID
US07-0046453
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
OFFICE BUILDING Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1980
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Snyder Family Trust
Trust
Mailing address
PO BOX 134, LAKE HAVASU CITY, AZ 86405-0134
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2017
—
Snyder Family Trust
Social Svcs Interagency Counci
Grant Deed
related
—
Oct 24, 2017
$1,225,000
Jeffrey P Snyder
Social Services Interagency Council
Warranty Deed
$250,000 · Mohave State Bank
May 31, 2017
—
Social Services Interagency Council
—
Deed
related
$75,000 · Horizon Community Bank INC
Aug 31, 2016
—
Social Services Interagency Council
—
Deed
related
$320,000 · Horizon Community Bank INC
Jan 6, 1997
$550,000
Social Services Interagency Co
Nelson,donald R
Grant Deed
$550,000 · Seller
—
—
Social Svcs Interagency Counci
—
Deed Of Trust
related
$368,668 · Mohave State Bank
—
—
Social Services Interagency Co
—
Deed Of Trust
related
$320,000 · Horizon Cmnty Bk
—
—
Social Services Interagency Co
—
Deed Of Trust
related
$149,900 · Horizon Cmnty Bk
—
—
Social Svcs Interagency Counci
—
Deed Of Trust
related
$75,000 · Horizon Cmnty Bk
—
—
Social Services Interagency
—
Deed Of Trust
related
$475,000 · Horizon Community Bank
—
—
Social Svcs Interagency Counc
—
Deed Of Trust
related
$513,750 · Wells Fargo Bank
—
—
Social Svcs Interagency Counci
—
Deed Of Trust
related
$115,000 · Horizon Community Bank
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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