Property profile

3550 Challenger Dr Lake Havasu City, AZ 86406

OFF-MARKET
Office buildings
Property ID
US07-0989567
5,787 SF 0.68 ac lot Built 2004
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Construction STEEL FRAME
Total area 5,787 SF
Lot 0.68 ac (29,621 SF)
APN 114-12-021
UPID US07-0989567

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Arcade & Gaming Center
  • (Bike/Boat/Book/etc) Store Pet Store

Location

3550 Challenger Dr Lake Havasu City, AZ 86406-9178
Lake Havasu City metro Census 953406 LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$875k
Blend (final) Blend
$430k

Owner & transaction history

since 2017
7 recorded transactions
2017
$420,000
2017
Price N/A
2017
$300,000
2017
Price N/A
2016
Price N/A
2005
Price N/A
2004
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.3M +52.9%
Restaurant $1.3M +52.3%
Apartment house (5+ units) $955,000 +14.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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