10920 Lakeshore Dr, Clearlake, CA 95422
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.