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    501 N Lake Havasu Ave N Lake Havasu City, AZ 86403
    Property profile & analytics

    501 N Lake Havasu Ave N Lake Havasu City, AZ 86403

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    • Auto shops
    • 5,746 SF
    • 0.88 lot acres
    For Lease
    $3,650/Mo
    View Listing →
    Office Space with Warehouse For Lease
    $3,650/Mo
    5,746 SF

    Office Space with Warehouse

    Centrally located office space with warehouse in Lake Havasu.

    501 N Lake Havasu Ave N, Lake Havasu City, AZ 86403
    View Listing
    Property ID
    US07-1276710
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mohave Garage Door / Building Supply / General Contractor
    • Sun Solutions Glass Tinting / Interior Design / Auto Repair Shop
    • Tri-Tech Auto / Auto Repair Shop
    • CCRepairz Lake Havasu City / Electronics & Wireless Store / Computer & Electronic Repair
    • Brian Harness Real Estate Agent / Real Estate Agency

    Property Details for 501 N Lake Havasu Ave N

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    0.88 lot acres
    Property size
    5,746 SF
    Zone code
    RC
    Property type
    Auto shops
    APN
    106-18-019
    APU
    10618019

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,687,000
      Market price range: $529k - $1.69M
      AI Estimate
      $1,687,000
      Market price range: $529k - $1.69M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,270,000
      Current use
      RESTAURANT
      $1,260,000
      Change: -0% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Havasu City
    County
    Mohave
    State
    Arizona
    Longitude
    -114.349
    Latitude
    34.489
    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
    2020
    $18,816
    $0.00
    $0.00
    $461,053
    -
    $366,664
    $2,194,742
    $2,561,406

    Comparable in this City

    • Value Estimation by Request
      2,496 SF

      1951 Acoma W Blvd

      AUTO REPAIR, GARAGE • 2,496 SF
      1951 Acoma W Blvd, Lake Havasu City, AZ 86403-2958
      View Details
    • Value Estimation by Request
      3,300 SF

      1826 Acoma W Blvd

      AUTO REPAIR, GARAGE • 3,300 SF
      1826 Acoma W Blvd, Lake Havasu City, AZ 86403
      View Details
    • Value Estimation
      $1,350,000
      6,000 SF

      1061 Lk Havasu N Ave

      AUTO REPAIR, GARAGE • 6,000 SF
      1061 Lk Havasu N Ave, Lake Havasu City, AZ 86403-1907
      View Details
    • Value Estimation
      $740,000
      2,520 SF

      140 Lk Havasu N Ave

      AUTO REPAIR, GARAGE • 2,520 SF
      140 Lk Havasu N Ave, Lake Havasu City, AZ 86403-5600
      View Details
    • Value Estimation
      $2,945,000
      10,030 SF

      1720 Acoma W Blvd

      AUTO REPAIR, GARAGE • 10,030 SF
      1720 Acoma W Blvd, Lake Havasu City, AZ 86403-3246
      View Details
    • Value Estimation
      $660,000
      2,239 SF

      1550 Copper Dr

      AUTO REPAIR, GARAGE • 2,239 SF
      1550 Copper Dr, Lake Havasu City, AZ 86403-2401
      View Details

    Similar Nearby for Sale

    • $565,000
      Pending

      Versatile Commercial Condo with Auto Lift

      Flexible commercial condo with warehouse, office, and auto lift.
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      View Details
    • New
      $2,695,000
      Pending

      Lake Havasu City Commercial Property

      9,267 SF commercial property on 1.19-acre lot.
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    • $644,500
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      Commercial Building in Lake Havasu

      Commercial building with flexible zoning in Lake Havasu City.
      1691 Industrial Blvd, Lake Havasu City, AZ 86403
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      7,125 SF

      Lake Havasu City Rooftop Bar

      Rooftop bar/restaurant with lake views and prime location.
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      Restaurant & Bar Prime Location

      Restaurant and bar property in a premium location for sale.
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      Commercial Building with Income Potential

      Commercial building with four units, one drive-thru, in Lake Havasu.
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    Similar Nearby for Lease

    • $2,750 /Mo
      3,875 SF

      Lake Havasu Office with Garage

      Remodeled office space with attached garage and lake views.
      285 Lake Havasu Ave S, Lake Havasu City, AZ 86403
      View Details
    • $2,750 /Mo
      2,172 SF

      Lake Havasu City Retail/Office

      2200 SF office or retail space available for lease.
      2126 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $1,000 /Mo
      21,818 SF

      Centrally Located Commercial Space

      Commercial space with lake view and elevator in Lake Havasu.
      1695 Mesquite Ave, Lake Havasu City, AZ 86403
      View Details
    • New
      $8,380 /Mo
      4,930 SF

      Downtown Lake Havasu Commercial Space

      4,930 sq ft commercial building in Downtown Lake Havasu.
      2088/2098 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $1,000 /Mo
      725 SF

      Downtown Lake Havasu City Unit

      725 sq ft unit in prime downtown location.
      2159 N Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
    • $11,000 /Mo
      9,440 SF

      Lake Havasu City Commercial Space

      Commercial space in prime resort area, Lake Havasu City, AZ.
      1407 Mcculloch Blvd N, Lake Havasu City, AZ 86403
      View Details
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    Lake Havasu City, AZ 86403
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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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