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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2720 Mcculloch N Blvd Lake Havasu City, AZ 86403-6035

    • Apartment buildings
    • 2,711 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-0916091
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2720 Mcculloch N Blvd

    Year built
    1982
    Construction
    FRAME
    Lot size
    0.35 lot acres
    Property size
    2,711 SF
    Property type
    Apartment buildings
    APN
    108-19-107
    APU
    10819107

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $588,000
      Market price range: $304k - $589k
      AI Estimate
      $588,000
      Market price range: $304k - $589k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $450,000
      Current use
      AUTO REPAIR, GARAGE
      $600,000
      Change: +34% Conversion: Difficult
      MEDICAL BUILDING
      $390,000
      Change: -13% Conversion: Moderate
      OFFICE BUILDING
      $360,000
      Change: -19% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lake Havasu City
    County
    Mohave
    State
    Arizona
    Longitude
    -114.309
    Latitude
    34.483
    CBSA code
    29420
    CBSA name
    LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $661
    $0.00
    $0.00
    $97,271
    -
    $98,446
    $874,261
    $972,707

    Comparable in this City

    • Value Estimation by Request
      2,037 SF

      2700 Mcculloch N Blvd

      APARTMENT HOUSE (5+ UNITS) • 2,037 SF
      2700 Mcculloch N Blvd, Lake Havasu City, AZ 86403-6020
      View Details
    • Value Estimation
      $625,000
      5,575 SF

      2311 Mcculloch N Blvd

      APARTMENT HOUSE (5+ UNITS) • 5,575 SF
      2311 Mcculloch N Blvd, Lake Havasu City, AZ 86403-5900
      View Details
    • Value Estimation
      $585,000
      2,691 SF

      2020 Smoketree N Ave

      APARTMENT HOUSE (5+ UNITS) • 2,691 SF
      2020 Smoketree N Ave, Lake Havasu City, AZ 86403-6091
      View Details
    • Value Estimation
      $1,510,000
      13,458 SF

      2075 Injo Dr

      APARTMENT HOUSE (5+ UNITS) • 13,458 SF
      2075 Injo Dr, Lake Havasu City, AZ 86403-5785
      View Details
    • Value Estimation by Request
      1.12 Acres

      2110 Sahara Dr

      APARTMENT HOUSE (5+ UNITS) • 1.12 Acres
      2110 Sahara Dr, Lake Havasu City, AZ 86403-2997
      View Details
    • Value Estimation
      $710,000
      4,129 SF

      2450 Mcculloch N Blvd

      APARTMENT HOUSE (5+ UNITS) • 4,129 SF
      2450 Mcculloch N Blvd, Lake Havasu City, AZ 86403-5942
      View Details

    Similar Nearby for Sale

    • New
      $1,479,500
      4,825 SF

      New Construction Multifamily Investment Property

      New construction multifamily property with modern units and community amenities.
      2778 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • New
      $2,663,100
      8,685 SF

      New Multifamily Homes in Arizona

      New construction featuring nine modern homes with community dog park.
      2778 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $235,000

      Poolside Condo Near Lake Havasu

      Ground floor condo ideal for investment, vacation, or permanent residence.
      471 Lake Havasu Ave N ##B, Lake Havasu City, AZ 86403
      View Details
    • $495,000
      Pending

      Lake Havasu City Duplex

      Newer duplex on a corner lot with spacious units.
      2411 N Kiowa Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $174,900
      0.28 Acres

      Lake Havasu City Multi-Family Lot

      0.28-acre corner lot zoned for multi-family use.
      2580 Cadet Ln, Lake Havasu City, AZ 86403
      View Details
    • New
      $1,183,600
      3,860 SF

      New Construction Multifamily Investment Property

      New construction multifamily property with modern amenities and community dog park.
      2778 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details

    Similar Nearby for Lease

    • $1,650 /Mo
      920 SF

      Furnished Condo with Pool and Spa

      Furnished 2 bed, 2 bath condo near downtown and beach.
      1989 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details
    • $1,450 /Mo

      Apartment for Rent

      Apartment available for rent, pet friendly.
      2132 Moyo Dr, Lake Havasu City, AZ 86403
      View Details
    • $1,600 /Mo

      Furnished Condo Near Downtown

      Furnished condo available for short or longer term rental.
      1989 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details
    • $2,500 /Mo
      14,145 SF

      Corner Office Space in Times Square

      2,000 SF office space in high-traffic Lake Havasu location.
      1600 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $4,750 /Mo
      2,480 SF

      Lake Havasu City Office Suite

      Turnkey medical/professional office with flexible space options.
      285 Lake Havasu Ave S, Lake Havasu City, AZ 86403
      View Details
    • $2,670 /Mo
      15,910 SF

      Lake Havasu City Medical Space

      Class A medical space in Lake Havasu City for lease.
      297 Lake Havasu Ave, Lake Havasu City, AZ 86403
      View Details
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    Lake Havasu City, AZ 86403-6035
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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