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Financial
Distress signals
Property profile

1990 Mcculloch Blvd N 104 Lake Havasu City, AZ 86403

FOR LEASE
Strip malls
Property ID
US07-1542470
25,792 SF 3.51 ac lot Built 1980
Last sale May 2004 · $4,206,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The McCulloch Center commercial space is located within the Albertsons Shopping Center in Lake Havasu City, Mohave County, Arizona. The property is zoned L-C-1 Limited Commercial and comprises a 3.51-acre lot with approximately 25,792 square feet of living area. The available unit is configured for use by small professional service businesses, including medical, beauty, or consultation-related operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$39k
Tax billed · 2020
Assessed value · 2025$1.17M
Effective rate3.31%

Value estimate

· Oct 2026
$4.20M
$3.78M – $4.62M
Submarket $/SF estimate$3.90M
NOI build-up
Gross scheduled income$387k
Vacancy & credit loss−$29k
Operating expenses−$107k
NOI · 2,087.54% cap applied$251k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$108/SF
County average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$60 – $151

Cap rate analysis

How does the asset earn?
2,087.54%
$251k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMOHAVE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.9
Watch Repair Shop8.7
Convenience Store8.6

Location

1990 Mcculloch Blvd N, Unit 104 Lake Havasu City, AZ 86403
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
124 Lk Havasu N, Lake Havasu City, AZ 86403-5640 $1,100,000 May 2022 12,078 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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