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    Property profile & analytics

    6278 Hwy 20 Lucerne, CA 95458

    • Turn key restaurants
    • 2,080 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $210,000
    Location Intelligence
    Property ID
    US10-3033422
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 6278 Hwy 20

    Year built
    1948
    Construction
    WOOD
    Lot size
    0.18 lot acres
    Property size
    2,080 SF
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    034-171-400-000
    APU
    34171400000

    Description

    This exceptional mixed-use property, located at 6278 E Highway 20 in Lucerne, California, presents a unique investment opportunity. The property boasts a substantial 2,100 square foot commercial building ideally suited for a variety of businesses, coupled with an attached residential home. This combination offers unparalleled convenience, allowing for owner-occupancy or the potential for rental income from both the commercial space and the residence. Situated on a generous 0.18-acre corner lot, the property benefits from high visibility and accessibility, directly fronting Highway 20, ensuring significant traffic exposure. This prime location is perfect for attracting customers and maximizing business potential. The commercial building's ample square footage provides flexibility for various business ventures, while the attached home offers comfortable living quarters. The asking price of $375,000 reflects a compelling value proposition for a property with such significant potential. This is a rare opportunity to acquire a turnkey commercial property with residential amenities in a high-traffic location. Don't miss out on this chance to establish your business and secure a valuable asset in a desirable area. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $155,000
      6.5%
      $155,000
      7%
      $155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $140,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $145,000
      Retail
      $155,000
      Mixed-Use
      $180,000
      Hospitality
      $150,000
      Educational
      $150,000
      Residential Income
      $180,000
      Energy
      $180,000
      Income-Based Land
      $180,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Lucerne
    County
    Lake
    State
    California
    Longitude
    -122.794
    Latitude
    39.0884
    CBSA code
    17340
    CBSA name
    CLEARLAKE, CA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,434
    $80,413
    $171,550
    $251,963
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,418 SF

      6269 Hwy 20

      RESTAURANT • 5,418 SF
      6269 Hwy 20, Lucerne, CA 95458
      View Details
    • Value Estimation
      $220,000
      2,662 SF

      6150 Hwy 20

      RESTAURANT • 2,662 SF
      6150 Hwy 20, Lucerne, CA 95458-7807
      View Details
    • Value Estimation
      $345,000
      1,774 SF

      6272 Hwy 20

      RESTAURANT • 1,774 SF
      6272 Hwy 20, Lucerne, CA 95458
      View Details
    • Value Estimation
      $105,000
      1,558 SF

      6232 State Hwy 20

      RESTAURANT • 1,558 SF
      6232 State Hwy 20, Lucerne, CA 95458
      View Details
    • Value Estimation
      $180,000
      1,600 SF

      6914 Frontage Rd

      RESTAURANT • 1,600 SF
      6914 Frontage Rd, Lucerne, CA 95458
      View Details
    • Value Estimation
      $305,000
      1,200 SF

      6252 Hwy 20

      RESTAURANT • 1,200 SF
      6252 Hwy 20, Lucerne, CA 95458
      View Details

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    • Contact for pricing
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    6278 Hwy 20
    Lucerne, CA 95458
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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