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Property profile

10920 Lakeshore Dr Clearlake, CA 95422

OFF-MARKET
Mixed-use properties
5,000 SF 6.5 ac lot Built 2002

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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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