51 Riviera Dr Lake Havasu City, AZ 86403
This exceptional 2.417-acre commercial land parcel presents a unique investment opportunity in the heart of Lake Havasu City, Arizona. Located at 51 Riviera Drive, this property boasts a "C" zoning designation, making it ideal for a variety of commercial uses. Its prime location directly across from the Havasu Regional Medical Center makes it particularly well-suited for medical-related businesses or fast-food establishments. The lot is divisible, offering flexibility for developers. The property's convenient proximity to Highway 95 (just over half a mile away) ensures excellent accessibility and visibility. Furthermore, its strategic position near the California and Nevada state borders along the Colorado River provides access to a large regional market. Lake Havasu City's thriving tourism industry, attracting nearly a million visitors annually, further enhances the property's potential. The city's attractions, including the historic London Bridge, pristine lake, and vibrant community, create a strong foundation for commercial success. This is the only available lot in the area, representing a rare chance to acquire a highly desirable commercial property in a rapidly growing and attractive location. The APN is 107-30-003. This is a truly exceptional opportunity for investors seeking a high-impact commercial development site in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.