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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
15669 20th Ave Clearlake, CA 95422-9346
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-1794799
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1989
Total area
1,665 SF
Lot
0.22 ac (9,583 SF)
APN
042-145-250-000
UPID
US09-1794799
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Terrell Minor III · 1 yrs held
Terrell Minor III
since 2024
Last sale
$283,000
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
$2,083
Tax year 2024
Assessed value
$170,670
Assessed 2024
Previous assessed
$170,670
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$22,754
Assessed improvement
$147,916
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Rooms
7
Bathrooms
2
Total area
1,665 SF
Lot
0.22 ac (9,583 SF)
APN
042-145-250-000
UPID
US09-1794799
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
1989
Heating
NONE
Stories
1
Rooms
7
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Terrell Minor III
Individual
Mailing address
15669 20TH AVE, CLEARLAKE, CA 95422-9346
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2024
$283,000
Terrell Minor III
Alan J Briggs
Grant Deed
$283,000 · Mortgage Research Center LLC
Jun 24, 2016
$150,000
Alan J Briggs
Bobby G Nichols
Grant Deed
$135,000 · Guild Mortgage Co
Dec 3, 2010
$126,273
Bobby G Nichols
Placer Foreclosure INC
Trustees Deed
related
—
May 22, 2008
—
Oldenburg Family Trust
—
Trustees Deed
related
$50,000 · Mary E Gordon
Jun 24, 2004
—
Oldenburg,tr
Larg,michael J & Susan A
Grant Deed
related
—
Jan 1, 1990
—
Larg,michael Joseph
—
Grant Deed
related
—
Jan 1, 1988
—
—
—
Grant Deed
related
—
—
—
Oldenburg Family Trust
—
Deed Of Trust
related
$150,000 · Bobby G & Linda L Nicols
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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