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    Mixed-use properties

    10920 Lakeshore Dr, Clearlake, CA 95422

    5,000 SF 6.5 ac lot Built 2002
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.5-acre mixed-use property in Clearlake, CA, boasts 5,000 square feet of improvements and stunning lake and mountain views. The property includes 500 feet of prime lake frontage, providing unparalleled access to recreational activities such as fishing, boating, and swimming. A fully equipped pizza restaurant with indoor and outdoor seating is already established, generating immediate income. A convenience/grocery store, complete with refrigerators and freezers, is also operational, adding to the property's revenue potential. Further income streams are generated by 29 mobile home spaces and 10 RV/campsites. The property also features a cabin, two park-owned mobile homes, and a laundry building. Significant expansion opportunities exist with 30+ vacant residential lots. On-site amenities include docks with a boat fueling station, a boat launch ramp, and a beach area. A backup dual-fuel generator ensures business continuity during power outages. This self-contained property offers a unique blend of commercial and recreational opportunities in a picturesque country setting. The property's diverse income streams and substantial development potential make it an attractive investment for a savvy buyer seeking a turnkey operation with significant upside.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 2002
    Total area 5,000 SF
    Lot 6.5 ac (283,140 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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