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Property profile & analytics
FOR LEASE
Strip malls
1990 Mcculloch N Blvd, Lake Havasu City, AZ 86403-5749
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-1542470
For Lease
1 / 5
$12,000/Mo
1990 Mcculloch N Blvd, Lake Havasu City, AZ 86403-5749
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Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Construction
CONCRETE
Total area
25,792 SF
Lot
3.51 ac (152,896 SF)
APN
107-28-002B
UPID
US07-1542470
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
-
Stout Technologies Computer & Electronic Repair
-
A1 Plastering Hardware & Home Improvement Interior Design
-
Cinnamon Plumbing Plumbing Service General Contractor
-
Lake Havasu City Goodwill Retail Store, Donation Center, and Career Center Discount Store
-
Veterans United Arizona Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.90M
Blend (final)
Blend
$3.90M
Owner & transaction history
Triple B Ranch INC · 12 yrs held
Triple B Ranch INC
since 2013
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.7M
+103.8%
Restaurant
$5.7M
+103.0%
Apartment house (5+ units)
$4.3M
+52.6%
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
NEIGHBORHOOD: SHOPPING CENTER
$2,790,000
Current use
AUTO REPAIR, GARAGE
$5,690,000
Change: +104% · Conversion: Difficult
RESTAURANT
$5,665,000
Change: +103% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,260,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$3,700,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$3,440,000
Change: +23% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,000,000
Change: +7% · Conversion: Easy
RETAIL STORES
$2,810,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$3.90M
Range $3.51M – $4.29M · ±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
$151 / 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
$38,523
Tax year 2020
Assessed value
$1,165,384
Assessed 2025
Previous assessed
$933,581
+24.8% YoY
Effective rate
3.31%
On assessed value
Land market value
$1,142,457
Improvement market value
$5,331,897
Total market value
$6,474,354
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1980
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
25,792 SF
Lot
3.51 ac (152,896 SF)
APN
107-28-002B
UPID
US07-1542470
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$5.7M
RESTAURANT
Est. value
$5.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.0M
RETAIL STORES
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
3.51 ac
Current owner
From public records · entity-resolved
Triple B Ranch INC
Entity
Mailing address
21 ACOMA BLVD S, LAKE HAVASU CITY, AZ 86403-5924
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2013
—
Triple B Ranch INC
Mcculloch Center LLC
Grant Deed
related
—
May 11, 2004
$4,206,500
Triple B Ranch INC
R P A Of Lake Havasu LLC
Grant Deed
—
—
—
Triple B Ranch INC
—
Deed Of Trust
related
$2,355,334 · Bank Of Colorado
—
—
Rpa Of Lake Havasu LLC
—
Deed Of Trust
related
$3,000,000 · Artesia Mortgage Capital Corp
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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