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Property profile & analytics
OFF-MARKET
Commercial real estate

14430 Lakeshore Dr Clearlake, CA 95422

0.2 ac lot
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US09-1800921
Property summary
AI-generated overview

This exceptional mixed-use property, located at 14430 Lakeshore Drive in Clearlake, California, presents a unique investment opportunity. Situated on a 0.47-acre lot, the building boasts a compelling blend of commercial and residential space, ideal for a live-work arrangement or as a lucrative rental portfolio. The property comprises four retail/office spaces, all currently leased, ensuring immediate income generation from day one. In addition, two residential units provide further rental potential or comfortable living quarters. The owner has meticulously maintained the building, ensuring it's in excellent condition. Its prime location offers easy access to a variety of amenities, including shops, restaurants, and public transportation. Furthermore, its proximity to the beautiful Clear Lake provides a desirable lifestyle element. The burgeoning wine industry in Lake County, with its 35 wineries, adds to the area's appeal and potential for future growth. This property represents a rare chance to capitalize on the increasing popularity of this vibrant rural county, offering a strong return on investment and a versatile use case. The property is ready for immediate occupancy and income generation. The building's excellent condition and high occupancy rate make this a truly exceptional investment opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.2 ac (8,712 SF)
APN 040-162-250-000
UPID US09-1800921
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Jeffrey M Smith · 3 yrs held
Jeffrey M Smith
since 2023
3 recorded transactions
2023
Price N/A
1991
Price N/A
1983
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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