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Property profile & analytics
OFF-MARKET
Retail space

6292 Hwy 20 Lucerne, CA 95458-7800

1,353 SF 0.1 ac lot Built 1968
Trust Owned Absentee Owner Free & Clear
Property ID
US10-3194277
Property summary
AI-generated overview

This exceptional 2,000 square foot mixed-use property in Lucerne, CA, presents a unique investment opportunity. Located on Highway 20, it boasts high visibility and accessibility, ideal for various commercial ventures. Built in 1968 and extensively renovated in 2024, the property includes two buildings on a 4,356 square foot lot (APN 034-192-010-000). The adaptable layout features a one-bedroom living space with additional rooms, a full bathroom, two half-bathrooms, and a kitchen area, perfect for owner-occupancy or rental income. Modern amenities include new flooring, two AC units, a new mini-split system, and two water heaters. A large three-car garage with workshop space and boat storage is accessed from the alley or backyard. The property also features a well-maintained yard with artificial turf, a peach tree, and new fencing. Situated across from Clear Lake, it offers stunning lake views and proximity to a community garden, a small beach area, parks, a boat ramp, restaurants, grocery stores, convenience stores, and wineries. The permitted zoning is PDC Planned Development Commercial, allowing for diverse uses. This move-in ready property offers a blend of commercial and residential potential in a thriving community. The asking price is $295,000 ($147.50/sq ft).

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Total area 1,353 SF
Lot 0.1 ac (4,356 SF)
Zoning code PDC
APN 034-192-010-000
UPID US10-3194277
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Barranti Schmit Revocable Trust
Barranti Schmit Revocable Trust
since 2026
Last sale
$225,000
7 recorded transactions
2026
Price N/A
2023
$225,000
2023
Price N/A
2023
$97,500
2021
$119,500
2010
Price N/A
2006
Price N/A
Zoning & alternative use
PDC · Lucerne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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