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14092 Lakeshore Dr Clearlake, CA 95422-8160

OFF-MARKET Retail space Google Maps
2,288 SF 0.23 ac lot Built 1962
Individually Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$200k
Range $180k – $220k (±10%)
Property ID US09-0029464

Property summary

AI-generated overview

This exceptional 3,404 square foot office building presents a compelling investment opportunity in Clearlake, CA. Located on Lakeshore Drive, this property enjoys a highly desirable position directly across from the lake and surrounded by a vibrant mix of amenities including shops, restaurants, gas stations, parks, and public transportation. The building itself has undergone recent updates, featuring a modern fire suppression system, updated office lighting, and energy-efficient mini-split heating and air conditioning units throughout. The interior layout is well-designed for optimal functionality, encompassing five private offices, two bathrooms, a kitchen, two meeting rooms, a spacious classroom, and a dedicated storage area. The substantial 0.23-acre lot extends from street to street and includes a secure, fenced parking area with capacity for up to ten vehicles. Currently leased to the County until August 2027, this property provides a stable and predictable income stream for the foreseeable future. The seller is offering the added benefit of short-term owner financing, making this an even more attractive proposition. While showings are limited due to the tenant's operational needs, this prime location and strong lease agreement make this a truly exceptional investment opportunity. Don't miss the chance to acquire this well-maintained and strategically positioned commercial property.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Total area 2,288 SF
Lot 0.23 ac (10,018 SF)
APN 040-033-180-000
UPID US09-0029464

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
  • Government Office School District Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2014
Price N/A
2007
Price N/A
2004
Price N/A
1992
Price N/A
1982
Price N/A
1969
Price N/A

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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