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    15885 Dam Road Ext Clearlake, CA 95422

    Sponsored
    For Sale
    $695,000

    Prime retail land, drive-thru, Walmart outparcel.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 4,980 square-foot commercial land parcel presents a rare opportunity for retail development in Clearlake, California. Located on a 0.7-acre lot at 15885 Dam Rd Ext, 95422, this property boasts a highly visible location on the outparcel of a thriving Walmart Supercenter, benefiting from substantial traffic flow generated by both local residents and regional tourism. The site is ideally suited for a variety of highway-oriented businesses, including quick-service restaurants (QSR), retail establishments, car washes, or gas stations. This is a brand-new construction opportunity, offering a multi-tenant building with a drive-thru already in place. The property enjoys co-tenancy with established businesses such as Starbucks and BP Arco, minimizing competition and maximizing exposure. Its strategic location near the Highway 53/29 intersection provides excellent access to St. Helena Hospital, schools, government offices, and other key attractions. A proposed pylon monument sign will further enhance visibility and brand recognition. The asking price is $695,000, and a 10-year lease term is available. This is a chance to capitalize on the success of a high-performing Walmart Supercenter and the limited retail competition in the area. Join other successful businesses like Jack in the Box, McDonald's, Tractor Supply, Big 5 Sporting Goods, and the new DMV. Renderings and floor plans are for illustrative purposes only.

    Property Features for 15885 Dam Road Ext

    General Information

    Property type
    Land

    HighLights

    • Brand new construction.
    • Multi‑tenant retail opportunity with drive‑thru.
    • Co‑tenancy with Starbucks and BP Arco.
    • High traffic location benefiting from local and regional tourism near a Walmart Supercenter.
    • Situated near the Highway 53/29 intersection.
    • Close proximity to St. Helena Hospital, schools, and government offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Clearlake
    County
    Lake
    State
    California
    Longitude
    -122.6180749
    Latitude
    38.9307631

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    FAQs

    What type of property is this?
    Land - Prime retail land, drive-thru, Walmart outparcel.
    Where is this land located?
    The property is located at 15885 Dam Road Ext Clearlake, CA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Brand new construction.; Multi-tenant retail opportunity with drive-thru.; Co-tenancy with Starbucks and BP Arco.
    Request Owner's contact information
    15885 Dam Road Ext Clearlake, CA 95422
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    Clearlake, CA 95422
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    Realmo Value Estimation

    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.

    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.

    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
    15885 Dam Road Ext Clearlake, CA 95422
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