Property profile

5285 State St Kelseyville, CA 95451

OFF-MARKET
Investment properties
Property ID
US09-2209862
972 SF 0.6 ac lot Built 1940
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This thriving Kelseyville, CA pizzeria at 5285 State St, zip code 95451, is offered for sale at $135,000. This turnkey business includes all equipment: ovens, tables, kitchen tools, and existing recipes. A significant advantage is the inclusion of a valid beer and wine license. The spacious layout boasts a comfortable dining area, a dedicated game section, and a party room capable of hosting up to 30 guests. The current owner provides comprehensive training to ensure a smooth transition for the new owner, and will even allow temporary use of the liquor license until the transfer is finalized. This presents a unique opportunity for both experienced entrepreneurs and aspiring business owners to acquire a profitable, established business with minimal start-up hurdles. The business is located in Lake County and is ready to generate immediate income. This is an exceptional chance to establish a strong presence within the Kelseyville community and capitalize on the success of this well-regarded pizzeria. The property consists of one unit. This is an owner/user investment opportunity.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1940
Construction WOOD
Total area 972 SF
Lot 0.6 ac (26,136 SF)
Zoning code C2
APN 024-143-050-000
UPID US09-2209862

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

5285 State St Kelseyville, CA 95451-9449
Kelseyville metro Census 1000 CLEARLAKE, CA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2009
7 recorded transactions
2021
Price N/A
2016
Price N/A
2009
Price N/A
2007
Price N/A
1999
$340,000
1995
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Kelseyville, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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