Property summary
This exceptional Clearlake, CA investment opportunity presents a 40,000 square foot warehouse situated on a 2.15-acre lot at 14915 Olympic Drive, Unit O. Currently, 80% of the warehouse space is leased, providing immediate and substantial rental income. The property boasts a coveted C4 zoning designation and possesses all necessary permits for cannabis cultivation, opening doors to a diverse range of potential uses. Security features include a gated entrance, security cameras, and alarms, ensuring peace of mind. The warehouse is equipped with 3-phase power, city water, and sewer connections, catering to a variety of operational needs. Built with durable, low-maintenance materials – a solid metal construction and concrete slab flooring – this property is designed for longevity. Its strategic location directly across from a Safeway shopping mall ensures high visibility and convenient accessibility for both tenants and customers. Seller financing is available, making this an even more attractive proposition for discerning investors seeking a high-return asset with significant upside potential. The property's size, location, and existing infrastructure make it ideal for a variety of businesses, from storage and distribution to cannabis cultivation and other permitted uses. This is a rare opportunity to acquire a substantial, income-generating property in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Check Cashing
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Bank Credit Union
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Industrial Manufacturer
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Department Store
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Industrial Manufacturer Production Facility
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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.
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