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Property profile & analytics
FOR SALE
Commercial real estate
35 Acoma Blvd S, Lake Havasu City, AZ 86403
Entity Owned
5-yr Hold
Free & Clear
Property ID
US07-1178645
For Sale
1 / 36
$980,000
35 Acoma Blvd S, Lake Havasu City, AZ 86403
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Property summary
AI-generated overview
This exceptional investment opportunity presents a 6,540 square foot multi-tenant property located at 35 Acoma Blvd S in Lake Havasu City, Arizona. The property, built in 1981, sits on a sizable 16,291 square foot lot and is zoned C-1 Limited. Currently housing four tenants with month-to-month leases, this presents a flexible investment scenario. The building features a single story and boasts a convenient drive-thru window, ideal for the existing convenience store tenant. The property's diverse tenant mix includes a convenience store, creative office space, and a restaurant, demonstrating its versatility and appeal to a broad range of businesses. The asking price is $999,000, translating to $152.75 per square foot. Its prime location on a high-traffic corner lot, just one block from McCulloch Boulevard (the main street), and directly across from Arizona State University, ensures high visibility and consistent foot traffic. The property's APN is 108-12-155. This is a 1031 exchange eligible property. This is a rare opportunity to acquire a well-positioned, multi-tenant commercial property in a thriving Arizona market.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1981
Construction
CONCRETE
Total area
4,304 SF
Lot
0.37 ac (16,117 SF)
APN
108-12-155
UPID
US07-1178645
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
-
Glenn Walters Grocery Grocery & Convenience Store Food Market
-
Fish's Rock Emporium (Bike/Boat/Book/etc) Store Specialty Food Shop
-
Ace Portable Toilet Rentals Building Supply
-
A Bird Freedom Support Gun Shop
-
A & Home Improvements Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$797k
Blend (final)
Blend
$650k
Owner & transaction history
Sunset-pecos LP · 5 yrs held
Sunset-pecos LP
since 2020
Last sale
$492,500
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$950,000
+89.8%
Medical building
$615,000
+23.3%
Office building
$575,000
+14.8%
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
$750,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$500,000
Current use
AUTO REPAIR, GARAGE
$950,000
Change: +90% · Conversion: Difficult
MEDICAL BUILDING
$615,000
Change: +23% · Conversion: Easy
OFFICE BUILDING
$575,000
Change: +15% · Conversion: Easy
RETAIL STORES
$470,000
Change: -6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$465,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $493k (Jul 23 2020)
Last sale anchor
$493k
Jul 23 2020
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
$4,329
Tax year 2020
Assessed value
$118,846
Assessed 2025
Previous assessed
$100,000
+18.8% YoY
Effective rate
3.64%
On assessed value
Land market value
$219,787
Improvement market value
$440,468
Total market value
$660,255
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1981
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
1
Total area
4,304 SF
Lot
0.37 ac (16,117 SF)
APN
108-12-155
UPID
US07-1178645
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
COMMERCIAL (GENERAL) Current
Est. value
$500,000
AUTO REPAIR, GARAGE
Est. value
$950,000
MEDICAL BUILDING
Est. value
$615,000
OFFICE BUILDING
Est. value
$575,000
RETAIL STORES
Est. value
$470,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$465,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1981
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Sunset-pecos LP
Entity
Free & Clear · 5 yrs held
Mailing address
6884 TOMIYASU LN, LAS VEGAS, NV 89120-2807
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2020
$492,500
Sunset-pecos LP
Mj Tate Ents LLC
Grant Deed
—
May 27, 2005
—
Mj Tate Ents LLC
Tate,marvin W & Judy S
Quit Claim Deed
—
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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