1055 Empire DrLake Havasu City, AZ 86404

Property Details for 1055 Empire Dr

Year built

1985

Construction

CONCRETE

Lot size

1.12 AC

Property size (Sq ft)

4,527 SF

Property type

Industrial properties

Property subtype

Industrial live-work properties

APN

115-07-017

APU

11507017

Description

This exceptional 8,000-square-foot property offers a versatile blend of office and warehouse space, ideal for a variety of businesses. The building boasts a flexible layout suitable for creative office uses, traditional office setups, executive suites, or even distribution and workshop operations. Multiple tenants are currently accommodated. The space is fully climate-controlled, ensuring year-round comfort. A convenient break room/kitchenette is included, along with an outdoor break area – a balcony or deck – perfect for relaxation or informal meetings. The property is in excellent condition and benefits from a central location off Kiowa, conveniently situated behind Ashley Furniture. Ample parking is available with 15 total spaces, including 5 drive-in bays, providing easy access for loading and unloading. This is a rare opportunity to secure a well-maintained, versatile commercial space in a highly desirable location. The property's multiple-tenant capacity makes it suitable for businesses seeking to expand or consolidate operations. The combination of modern amenities, convenient location, and flexible space makes this an attractive option for a wide range of commercial enterprises. Schedule a viewing today to experience this exceptional property firsthand.

• CAP approach

  CAP return

  Valuation

  6%

  $1,504,083

  6.5%

  $1,388,384

  7%

  $1,289,214

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,405,826

  Geo Method

  $1,405,826

• Alternative Use

  Use

  Valuation

  Residential

  $1,388,384

  Hospitality

  $1,271,752

  Educational

  $1,058,083

  Medical

  $1,094,472

  Retail

  $1,645,907

Location Insight

City

Lake Havasu City

County

Mohave

State

Arizona

Latitude

34.5049

Longitude

-114.355

CBSA code

29420

CBSA name

LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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