Lakefront Mixed-Use
New
For Sale
$998,000
3740 Lakeshore Boulevard, Lakeport, CA 95453
Three-building waterfront property with industrial, kitchen, residential, and dock-related improvements.
Property Size4,560 SF
Price / SF$218.86
Days on Market6
Property Features for 3740 Lakeshore Boulevard
General Information
Standard status
Active
Size
4,560 SF
Property subtype
General Commercial
Additional Details
Three-Phase Power
Yes
Amenities
Central Air, Electric, Heat Pump, Window/Wall Unit
3
Dryer, Washer
Composition, Shingle
Level
Lake
Lake, Paved, Fishing. Paved Road, Level.
Building Details
Year Built
1995
Buildings
3
Listing Agency:
Luxe Places International Realty
(707) 263-3300
Listed By:
Evonne Landwehr · License #DRE00820338
(707) 533-9933
Source:
Xome
Added: Sep 1
Changed: Sep 5
Last Checked: Sep 5 at 3:22PM
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 Luxe Places International Realty
Investment Insights
Based on property information with market context.
This 4,560-square-foot mixed-use property includes three separate buildings with a range of existing improvements. The former machine shop has an air compressor system and three-phase electrical service. A commercial kitchen includes an Ansul system, while the property also offers potential commissary kitchen use for catering and food trucks. Two fuel pumps are positioned on the suspended dock.
Residential components include a leased studio apartment and a two-bedroom, two-bath home above an attached five-car garage. The home features an oversized covered front deck, lake views, and an elevator connecting the ground level with the residence. Built in 1995, the property is located at 3740 Lakeshore Boulevard in Lakeport, with paved access and lake frontage suitable for fishing.
Residential components include a leased studio apartment and a two-bedroom, two-bath home above an attached five-car garage. The home features an oversized covered front deck, lake views, and an elevator connecting the ground level with the residence. Built in 1995, the property is located at 3740 Lakeshore Boulevard in Lakeport, with paved access and lake frontage suitable for fishing.
Key Highlights
- 4,560‑square‑foot mixed‑use property with three separate buildings
- Former machine shop with air compressor system and three‑phase electrical service
- Commercial kitchen equipped with an Ansul system
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,144
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$902,880
$902.9K
Cap Rate 7%
$644,914
$644.9K
Cap Rate 9%
$501,600
$501.6K
Market Conditions
NOI Build-Up for 4,560 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$82.1K $18.00/SF
− Vacancy
−$9.8K −$2.16/SF
EGI
$72.2K $15.84/SF
− OpEx
−$27.1K −$5.94/SF
NOI
$45.1K $9.90/SF
Area
Lake County, CA
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$902,880
Cap Rate 7%
$644,914
Cap Rate 9%
$501,600
Alternative Uses
Best Use
Mixed Use
$644.9K
$564.3K – $752.4K
NOI $45,144 @ 7.0% cap · market cap 4.52%
Second Best
Industrial
$534.9K
$468.1K – $624.1K
NOI $37,446 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,113 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 95453, CA
11,978
Population
5,488
Households
2.2
Avg Household Size
48
Median Age
24%
College-Educated
93%
High-School Grad
87.0 sq mi
ZIP Area
138
Density / Sq Mi
$66,775
Median Household Income
$44,929
Median Earnings
$1,091
Median Rent
$371,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-building waterfront property with industrial, kitchen, residential, and dock-related improvements.
Where is this mixed-use property located?
The property is located at 3740 Lakeshore Boulevard Lakeport, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: 4,560‑square‑foot mixed‑use property with three separate buildings; Former machine shop with air compressor system and three‑phase electrical service; Commercial kitchen equipped with an Ansul system
