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    2.53 Acre Waterman Rd Lakehead, CA 96051

    • Retail properties
    • 2.53 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 2.53 Acre Waterman Rd

    Lot size
    2.53 lot acres
    Property type
    Retail properties
    Property subtype
    Land

    Description

    This exceptional 2.53-acre parcel presents a unique investment opportunity in Lakehead, California. Located on Waterman Road, this raw land boasts paved frontage, providing convenient access. The property's strategic location offers proximity to Hirz Bay on Shasta Lake, less than half a mile from Gilman Road and the Hirz Bay boat launch. The wooded setting provides a tranquil atmosphere, ideal for a variety of retail developments or even a unique residential project. Two existing homes are situated on the access road off Waterman Road, adding potential value or development options. The property's APN is 083-070-009 and is individually owned. This is a remarkable opportunity to acquire land with stunning views and excellent access in a desirable location. The asking price for this 2.53-acre parcel is $18,900, making it an attractive proposition for investors seeking a prime location with significant potential. The property is zoned for retail use and offers a blank canvas for creative development. The proximity to recreational activities on Shasta Lake further enhances its appeal.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakehead
    County
    Shasta
    State
    California
    Longitude
    -122.281
    Latitude
    40.8682

    Comparable in this City

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      21389 Main St

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    2.53 Acre Waterman Rd
    Lakehead, CA 96051
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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
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