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Property profile & analytics
FOR SALE
Turn key restaurants
2093 Mcculloch Blvd n 103 Lake Havasu City, AZ 86403
Entity Owned
~
Est. High Equity
Property ID
US07-1329965
For Sale
1 / 7
$450,000
2093 Mcculloch Blvd n,Unit 103, Lake Havasu City, AZ 86403
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1989
Construction
CONCRETE
Total area
3,132 SF
Lot
0.28 ac (12,197 SF)
Zoning code
C1
APN
108-06-105
UPID
US07-1329965
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
-
Havasu Art Center Art Gallery
-
Arizona Integrated Systems Factory Industrial Manufacturer
-
Havasu For Trump (Bike/Boat/Book/etc) Store
-
Blue Sky Design and Build General Contractor
-
The Pour House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$915k
Blend (final)
Blend
$915k
Owner & transaction history
Investment Planning Int
Investment Planning Int
since 2025
5 recorded transactions
Zoning & alternative use
C1 · Lake Havasu City, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
City Laws Zoning Code PDF
Top alternative use upside
Auto repair, garage
$690,000
+0.4%
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
RESTAURANT
$690,000
Current use
AUTO REPAIR, GARAGE
$690,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$292 / 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
$5,986
Tax year 2020
Assessed value
$128,830
Assessed 2025
Previous assessed
$105,772
+21.8% YoY
Effective rate
4.65%
On assessed value
Land market value
$182,033
Improvement market value
$533,689
Total market value
$715,722
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1989
Construction
CONCRETE
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
3,132 SF
Lot
0.28 ac (12,197 SF)
Zoning code
C1
APN
108-06-105
UPID
US07-1329965
Jurisdiction
MOHAVE
Zoning & alternative use
C1 · Lake Havasu City, AZZoning 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
Source
City Laws Zoning Code PDF
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$690,000
RESTAURANT Current
AUTO REPAIR, GARAGE
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
1989
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Investment Planning Int
Entity
Mailing address
3419 VIA LIDO APT #393, NEWPORT BEACH, CA 92663-3908
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2025
—
Investment Planning Int
Gregory J Castle
Warranty Deed
—
Jun 2, 2022
—
Gregory Castle
—
Deed
related
$480,000 · Horizon Community Bank INC
Jul 3, 2008
$590,000
Gregory Castle
Maes,joseph M & Sheila A
Warranty Deed
$495,000 · Joseph M & Sheila A Maes
Jul 29, 2002
—
Joseph M Maes
Scavuzzo,tr
Grant Deed
related
$224,000 · Mohave State Bank
Jul 24, 1997
$250,000
Joseph A Scavuzzo
Stebila,john & Joan C
Grant Deed
$150,000 · Mortgages Ltd
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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