Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10455 Hwy 29 Lower Lake, CA 95457
    Back to Search
    Property profile & analytics

    10455 Hwy 29, Lower Lake, CA 95457

    View on Map
    • Gas stations
    • 40 SF
    • 2.42 lot acres
    Off-Market
    Property ID
    US09-2110284
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gas stations

    Property Details for 10455 Hwy 29

    Year built
    1995
    Lot size
    2.42 lot acres
    Zone code
    C3
    Property type
    Gas stations
    APN
    012-028-220-000
    APU
    12028220000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 29, 2019 $320,000 C & C Property Management LLC Jonas J E & G 1997 Trust Of Grant Deed —
    Aug 29, 2019 — Jonas,james E & Gail R Trust Eel River Fuels INC Quit Claim Deed · related —
    Jul 11, 2012 — Eel River Fuels INC Jonas J E & G R 1997 Trust Grant Deed · related —
    Mar 5, 1997 — Jonas Trust Jonas,james E & Gail R Quit Claim Deed · related —
    Jun 10, 1994 $125,000 Denner,florence I Allen Trust Trustees Deed —
    Jun 10, 1994 — Allen,lillian G Shoffeitt,dennis Trustees Deed · related —
    Jan 1, 1992 — — — Grant Deed · related —
    — — Jonas James E & G R 1997 Trust — Deed Of Trust · related $50k · Salter Michael R & J C Trust
    — — James E Jonas — Deed Of Trust · related $115k · Allen Trust

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lower Lake
    County
    Lake
    State
    California
    Longitude
    -122.613
    Latitude
    38.9036
    CBSA code
    17340
    CBSA name
    CLEARLAKE, CA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,268
    $241,244
    $101,858
    $343,102
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,232 SF

      9691 Hwy 29

      GAS STATION
      9691 Hwy 29, Lower Lake, CA 95457
      View Details
    • Value Estimation by Request
      0.72 Acres

      11375 Hwy 29

      GAS STATION
      11375 Hwy 29, Lower Lake, CA 95457
      View Details
    • Value Estimation by Request
      1.96 Acres

      16445 Main St

      GAS STATION
      16445 Main St, Lower Lake, CA 95457-9907
      View Details
    • Value Estimation
      $580,000
      6,000 SF

      9835 Hwy 53

      GAS STATION
      9835 Hwy 53, Lower Lake, CA 95457
      View Details
    • Value Estimation by Request
      5,400 SF

      9970 Lk St

      AUTO REPAIR, GARAGE
      9970 Lk St, Lower Lake, CA 95457
      View Details
    • Value Estimation by Request
      518 SF

      16235 Main St

      AUTO REPAIR, GARAGE
      16235 Main St, Lower Lake, CA 95457
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,160 SF

      Lower Lake Commercial Property

      Rare commercial property in Lower Lake's historic business district.
      16345 Main St, Lower Lake, CA 95457
      View Details
    • $249,000
      4,417,855.00 Acres

      Lower Lake Acreage with Views

      101+- acres with views, privacy, and water well.
      10455 Sky High Ridge Rd, Lower Lake, CA 95457
      View Details
    • Contact for pricing

      Lower Lake Land with Pond

      38+/- acre retreat with year-round pond bordering BLM land.
      26648 Jerusalem Grade, Lower Lake, CA 95457
      View Details
    • Contact for pricing

      Highway Commercial Land For Sale

      3.27 acres of commercial land with highway frontage.
      9560 Highway 29, Lower Lake, CA 95457
      View Details
    • Contact for pricing

      Lake County Land with New Well

      160 acres in Lake County with diverse terrain and views.
      10480 Sky High Ridge Rd, Lower Lake, CA 95457
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10455 Hwy 29
    Lower Lake, CA 95457
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10455 Hwy 29, Lower Lake, CA, 95457
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!