Trust Owned Property summary
This exceptional investment opportunity presents a 7,738 square foot, net-leased auto shop in Clearlake, CA. The property, comprised of three single-story buildings on a 0.56-acre lot, enjoys a prime location on Lakeshore Drive, directly adjacent to Clear Lake, a renowned bass fishing destination. Built in 1967 and renovated in 2015, the property features a showroom, office, retail space, tire and parts storage, and two service bays. Currently operating as Tire Pros, the tenant has a strong… track record, evidenced by positive customer reviews, and recently exercised a 10-year lease option, extending the lease through August 18, 2035. This provides a secure income stream for the next 11+ years, with 3% annual rent increases. The current net operating income (NOI) is $48,650, yielding a 5.72% cap rate. The asking price is $849,995, translating to a price per square foot of $109.85. Landlord responsibilities are minimal, limited to property taxes and insurance; the tenant is responsible for property maintenance. This presents a rare sub-$1 million investment opportunity in California, offering a strong return in a desirable location with a thriving tenant. Clearlake's growing economy, supported by the presence of national retailers like Walmart and Starbucks, further enhances the property's value. The property's proximity to Northern California's wine country and other recreational attractions adds to its appeal. This is a turnkey investment with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 10 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,708 SF
- Lot area
- 0.56 ac
- Year built
- 1946
- APN
- 040-091-400-000
- Assessed value · 2024
- $580,316
- Annual tax · 2024
- $7,074
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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