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    Property profile & analytics
    FOR SALE
    Retail space

    2570 Main St, Lakeport, CA 95453-5692

    18,000 SF 7.3 ac lot Built 2005
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US10-3053845
    Property summary
    AI-generated overview

    This exceptional commercial property at 2570 Main Street, Lakeport, CA, presents a unique investment opportunity. Spanning 7.3 acres, the property boasts a substantial 22,000 square feet of developed space, offering diverse income streams. The main structure is a 14,000 square foot retail building, ideal for a variety of businesses. In addition, there are two separate 4,000 square foot buildings housing a total of 52 storage units, generating consistent rental income. Further enhancing the property's income potential are 80 RV storage spaces. An additional 2 acres are available for future expansion of the RV storage or other compatible uses. Two additional building pads are ready for development, complete with existing utilities including conduit to the street for electricity and water, and sewer taps. The property benefits from flexible zoning, with the front 3 acres designated C2 and the remaining 4+ acres zoned C3, allowing for a wide range of commercial ventures. This versatile property offers a blend of retail, office, and storage space, making it an attractive investment for both established businesses and entrepreneurs seeking a prime location in the thriving Lakeport community. The property's size and zoning provide significant room for growth and future development.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2005
    Total area 18,000 SF
    Lot 7.3 ac (317,988 SF)
    Zoning code C3
    APN 008-003-040-000
    UPID US10-3053845
    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
    • Lake County Limousine Service Limousine Service
    • Lakeside Self Storage Storage Facility
    • Sears Heating and Air Conditioning HVAC Service General Contractor
    • Green Heron Dispensary (Bike/Boat/Book/etc) Store
    • Falling Prices Lakeport Discount Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.73M
    Blend (final) Blend
    $1.82M
    Owner & transaction history
    County Of Lake · 7 yrs held
    County Of Lake
    since 2019
    7 recorded transactions
    2020
    2019
    2018
    2011
    2004
    2003
    $330,000
    2000
    $315,000
    Zoning & alternative use
    C3 · Lakeport, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.3M +39.6%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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