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Property profile & analytics
OFF-MARKET
Office buildings

301 Forbes St Lakeport, CA 95453-4763

1,617 SF 0.13 ac lot Built 1943
Individually Owned 25-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2584739
Property summary
AI-generated overview

This exceptional commercial property at 301 Forbes Street, Lakeport, CA, presents a unique investment or owner-user opportunity. The 1,617 square foot building is ideally situated in the heart of downtown Lakeport, directly across the street from the County Court Building, ensuring high visibility and convenient access. The property includes an additional 0.13-acre lot, offering potential for expansion or future development. Currently configured with eight individual offices and a mini-kitchen, the interior layout is versatile and adaptable to a variety of commercial uses. The building's prime location offers easy walking access to other downtown Lakeport businesses, providing significant advantages for both employees and clients. The asking price is $495,000. This presents a rare chance to acquire a well-located commercial property in a thriving downtown area. The combination of the existing building and the additional lot provides significant flexibility for future growth and development, making this an attractive proposition for both investors and businesses seeking a prominent location. The property's proximity to the County Court Building ensures a steady stream of potential clientele, further enhancing its investment appeal. Serious inquiries are encouraged to explore this compelling opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1943
Construction WOOD
Total area 1,617 SF
Lot 0.13 ac (5,662 SF)
APN 025-375-080-000
UPID US09-2584739
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
  • Thomas G. Feimer, Attorney at Law Law Firm
  • North Lake Investigations Law Firm Security Service
  • William Conwell Law Office Law Firm
  • law office of siena kautz Law Firm
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
Jack Swedberg · 25 yrs held
Jack Swedberg
since 2001
3 recorded transactions
2001
Price N/A
1990
$115,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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