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Property profile & analytics
OFF-MARKET
Investment properties
14165 Lakeshore Dr, Clearlake, CA 95422-8150
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-5482881
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1962
Total area
2,200 SF
Lot
1.13 ac (49,222 SF)
APN
040-051-060-000
UPID
US09-5482881
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
Current use
Occupant on record · Public records
-
Lamplighter Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jitendrakumar P Patel · 3 yrs held
Jitendrakumar P Patel
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Clearlake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clearlake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,559
Tax year 2024
Assessed value
$608,495
Assessed 2024
Previous assessed
$608,495
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$332,848
Assessed improvement
$275,647
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1962
Heating
NONE
Bathrooms
2
Total area
2,200 SF
Lot
1.13 ac (49,222 SF)
APN
040-051-060-000
UPID
US09-5482881
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Bathrooms
2
Lot
1.13 ac
Current owner
From public records · entity-resolved
Jitendrakumar P Patel
Individual
Mailing address
14165 LAKESHORE DR, CLEARLAKE, CA 95422-8150
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2023
—
Jitendrakumar P Patel
County Of Lake
Assignment Of Lease (leasehold Sale)
—
Nov 16, 2022
—
Manav Patel LLC
Jitendrakumar P Patel
Grant Deed
$495,000 · Savings Bank Of Mendocino County
Jan 15, 2019
—
Fairtrade Properties LLC
—
Deed
related
$700,000 · Fairtrade Equities LLC
Nov 23, 2016
—
Jitendrakumar P Patel
—
Deed
related
$550,000 · Pinnacle Bank
May 29, 2012
—
Jitendrakumar P Patel
Patel,jitendrakumar P
Quit Claim Deed
related
—
Mar 11, 2011
—
Jitendrakumar P Patel
Patel,roshni S
Quit Claim Deed
related
—
Mar 11, 2011
$480,000
Jitendrakumar P Patel
Lakeshore Resorts LLC
Grant Deed
$305,000 · Lakeshore Resorts LLC
Apr 21, 2010
—
Lakeshore Resorts LLC
Rossman,lynn B
Deed In Lieu Of Foreclosure
related
—
Apr 30, 2007
$1,410,000
Lynn Barricks Rossman
Lakeshore Resorts LLC
Grant Deed
$746,000 · Lakeshore Resorts LLC
Apr 30, 2007
—
Lynn B Rossman
Rossman,mike
Quit Claim Deed
related
—
May 29, 2003
$1,475,000
Lakeshore Resorts LLC
Yi,kwang H & Ok H
Grant Deed
—
Dec 4, 2000
$450,000
Kwang H Yi
Chen,tony T & Chin-erh
Grant Deed
$350,000 · Tony T & Chin-erh
Jun 2, 1993
—
Tony K Chen
Patel,suryakant C & Savit
Grant Deed
related
—
Jan 1, 1979
—
—
—
Grant Deed
related
—
—
—
Fairtrade Properties LLC
—
Deed Of Trust
related
$700,000 · Fairtrade Equities LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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