Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakeview Lots For Sale Title is generated by Realmo AI

    11705 Lakeview Drive, Clearlake Oaks, CA 95423

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Two contiguous lots with lake views, water, and sewer.

    Type:Lot/Land
    Added:
    Apr 9, 2023
    Days on Market:
    1150
    Last Refresh:
    Mar 13 at 3:19 pm

    Property Features for 11705 Lakeview Drive

    General Information

    Standard status
    Active
    Property subtype
    Lot/Land

    We can help!

    Listing Contact
    David Lucido

    Listing agent David Lucido License #02053274

    Listing office Century 21 Epic

    Listing date Apr 9, 2023

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Epic

    HighLights

    • Great lake views
    • Two contiguous lots
    • Water available
    • Sewer available
    • Additional lots available (3)
    • Buyer to contact special districts for building requirements

    Overview

    Two contiguous lots are available, offering lake views. Water and sewer services are accessible. Prospective buyers should contact special districts to gather details regarding building requirements. Additionally, three more lots are available.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Hair Salon Nail Salon Department Store Food Market Grocery & Convenience Store Discount Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clearlake Oaks
    County
    Lake
    State
    California
    Longitude
    -122.691635
    Latitude
    39.02243

    Nearby Similar for Sale

    • $595,000
      9,120 SF

      Multi-Building Commercial Property, Clearlake Oaks

      Four buildings with redevelopment potential in Clearlake Oaks historic Plaza.
      12487 The Plaza, Clearlake Oaks, CA 95423
      View Details
    • $725,000
      2,750 SF

      Lakefront Motel Redevelopment Opportunity

      Historic Clearlake Oaks motel for redevelopment on Clear Lake.
      10165 E Highway 20, Clearlake Oaks, CA 95423
      View Details
    • $595,000
      9,120 SF

      Historic Plaza District Commercial Opportunity

      Four buildings with redevelopment potential in Clearlake Oaks.
      12487 The, Clearlake Oaks, CA 95423
      View Details
    • $200,000

      Secluded 70-Acre Recreational Land

      70-acre property with off-grid cabin in Lake County, CA.
      5250 15 N 05 Road, Clearlake Oaks, CA 95423
      View Details
    • $120,000

      Buildable Lot in Clearlake Oaks

      Residential lot ready for construction near local attractions.
      2605 Spring Valley, Clearlake Oaks, CA 95423
      View Details
    • $135,000

      Clearlake Oaks Building Lot

      Vacant lot with well, shed, and panoramic views.
      162 Mule Skinner, Clearlake Oaks, CA 95423
      View Details
    • $60,000

      Hilltop Land with Lake Views

      Three adjacent parcels with lake and mountain views.
      11872 Konocti, Clearlake Oaks, CA 95423
      View Details
    • $429,000

      511 Acres with Hot Spring

      Recreational land featuring a natural hot spring and hunting opportunities.
      25156 E State Hwy 20 Highway, Clearlake Oaks, CA 95423
      View Details
    • $140,000

      Expansive Land Parcel in Clearlake

      20-acre parcel with well and solar panels in Clearlake.
      401 Watertrough Rd, Clearlake Oaks, CA 95423
      View Details
    • $60,000

      Clearlake Oaks Buildable Lot

      Two parcels: buildable lot plus lakefront with potential dock.
      10417 Terrace, Clearlake Oaks, CA 95423
      View Details
    • $95,000

      Clearlake Oaks Acreage with Utilities

      12-acre Clearlake Oaks land with utilities and creek.
      2393 New Long Valley Road, Clearlake Oaks, CA 95423
      View Details
    • $49,995

      15.78 Acres with Creek Frontage

      Two parcels totaling 15.78 acres in Lake County, CA.
      2286 New Long Valley Road, Clearlake Oaks, CA 95423
      View Details

    FAQs

    What type of property is this?
    Land - Two contiguous lots with lake views, water, and sewer.
    Where is this land located?
    The property is located at 11705 Lakeview Drive Clearlake Oaks, CA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Great lake views; Two contiguous lots; Water available
    (707) 349-8528
    We can help!
    Listing Contact
    David Lucido
    Real Estate License ID: 02053274
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11705 Lakeview Drive, Clearlake Oaks, CA 95423
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!