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    52 Soda Bay Rd Lakeport, CA 95453

    For Sale
    $1,750,000

    Prime Lake County investment opportunity.

    Property size:
    23,779 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial property in Lakeport, CA, presents a unique investment opportunity encompassing the Lakeport Cinema 5 and Auto Movie Drive-In. The property comprises four parcels totaling approximately 23,779 square feet on 1,127,768 square feet of land. The Cinema itself boasts approximately 18,620 square feet, including a 1,919 square foot mezzanine, situated on roughly 3.5 acres. The adjacent Auto Movie Drive-In features a 3,240 square foot projection room, concession stand, and restrooms on approximately 8.1 acres. Adding to the potential, an undeveloped 5.9-acre parcel offers street frontage on Soda Bay Road, providing excellent visibility from Highway 29. A final 8.4-acre parcel is located in the wetlands. The property benefits from its ideal location off Main Street and Soda Bay Road, and enjoys significant visibility from Highway 29. Recent 2022 upgrades include a new roof, upgraded lighting, new seating, and new carpeting. This is one of the few remaining drive-in theaters in California, offering a rare and potentially lucrative investment opportunity in beautiful Lake County. The property is listed at $1,750,000 and is zoned for commercial use. The zip code is 95453.

    Property Features for 52 Soda Bay Rd

    General Information

    Property type
    Land
    Square Feet
    23,779 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lakeport Auto Movies ... Drive-In Movie Theater Lakeport Cinema 5 Movie Theater La Catrina Food ... Taco Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Clothing Store Auto Repair Shop Gym & Fitness Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeport
    County
    Lake
    State
    California
    Longitude
    -122.9089016
    Latitude
    39.0153673

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    FAQs

    What type of property is this?
    Land - Prime Lake County investment opportunity.
    Where is this land located?
    The property is located at 52 Soda Bay Rd Lakeport, CA.
    What is the asking price?
    The asking price for this property is $1,750,000.
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    52 Soda Bay Rd Lakeport, CA 95453
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    Lakeport, CA 95453
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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
    52 Soda Bay Rd Lakeport, CA 95453
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