Building Details

Year built 1989

Listing Agency: Shore Line Realty, Inc. j**@zapcom.net Show Phone

Listed By: Janice Maschek · License #00882085 Show Phone

Added: Jan 10, 2025 Changed: Oct 8 Last Checked: Oct 28 at 3:06AM

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MLS# LC25006457

Copyright © 2026 Lake County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This flex-space property includes an 11,000-square-foot commercial building with several interior offices, a loading dock, and extensive paved areas. The improvements include a newer foam roof and newer AC system, while the site is enclosed with chain-link fencing.

The property occupies approximately 2 acres of level ground in Lower Lake, with city water and septic service. Additional land area provides room for expansion, and the site is located close to Hwy 29. The property was built in 1989, carries C3 zoning, and is offered with owner terms.

Key Highlights

• 11,000 sq.ft. commercial building with several interior offices
• Loading dock and extensive paved areas
• Approximately 2 acres of level ground

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$90,330

Cap Rate

9.04%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,806,600 $1.8M

Cap Rate 7%

$1,290,429 $1.3M

Cap Rate 9%

$1,003,667 $1.0M

Is this asking price fair?

Market Conditions

NOI Build-Up for 11,000 SF

Gross rent

$137.3K $12.48/SF

− Vacancy

−$8.2K −$0.75/SF

EGI

$129.0K $11.73/SF

− OpEx

−$38.7K −$3.52/SF

NOI

$90.3K $8.21/SF

Area

Lake County, CA

Vacancy

6.00%

Lease Rate

$12.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,806,600

Cap Rate 7%

$1,290,429

Cap Rate 9%

$1,003,667

Alternative Uses

Best Use

Office B

$3.31M

$2.90M – $3.86M (±1% cap)

NOI $231,624 @ 7.0% cap · market cap 23.19%

Second Best

Flex RnD

$1.77M

$1.55M – $2.07M (±1% cap)

NOI $124,204 @ 7.0% cap · market cap 12.43%

Theoretical Best

Office A

$4.41M

$3.86M – $5.15M (±1% cap)

NOI $309,045 @ 7.0% cap · market cap 30.94%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Garden Center Storage Facility Auto Repair Shop Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Dock-high doors

Yes

Fenced yard

Yes

Highway access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

17

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 95457, CA

3,231

Population

1,801

Households

1.8

Avg Household Size

47

Median Age

22%

College-Educated

88%

High-School Grad

147.9 sq mi

ZIP Area

22

Density / Sq Mi

$52,266

Median Household Income

$32,839

Median Earnings

$1,078

Median Rent

$414,100

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Commercial building offers office areas, a loading dock, fenced grounds, and room for additional site development.

Where is this flex space located?

The property is located at 11270 Clayton Creek Road Lower Lake, CA.

What is the asking price?

The asking price for this property is $999,000.

What are key features of this property?

This property features: 11,000 sq.ft. commercial building with several interior offices; Loading dock and extensive paved areas; Approximately 2 acres of level ground