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Property profile & analytics
FOR SALE
Retail space

2570 S Main St Lakeport, CA 95453

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
Price N/A
2019
Price N/A
2018
Price N/A
2011
Price N/A
2004
Price N/A
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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