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Financial
Distress signals
Property profile

7070 Old Highway 53 Clearlake, CA 95422

FOR SALE
Office buildings
Property ID
US09-0492585
3,360 SF 1 ac lot Built 1978
Last sale Jan 2002 · $275,000
Trust Owned Owner of record is a trust. 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1-acre commercial property in Clearlake, CA (95422), listed at $1,300,000, offers 10,776 square feet of versatile space. The property features three separate steel warehouse/office buildings with concrete slab floors. Current tenants include an automotive repair facility (approx. 2,400 sq ft with 3 roll-up bay doors and office/bath), a machine shop (approx. 3,000 sq ft with 3 roll-up bay doors and a side door), and an automotive detail service (approx. 3,360 sq ft with 3…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$625k
Assessed land$167k
Assessed improvement$458k
Effective rate1.26%

Value estimate

· Oct 2026
$605k
$545k – $666k
Submarket $/SF estimate$510k
NOI build-up
Gross scheduled income$134k
Vacancy & credit loss−$8k
Operating expenses−$38k
NOI · 6.81% cap applied$88k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$126/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$55 – $166

Cap rate analysis

How does the asset earn?
6.81%
$88k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.4
Building Supply9.0
Electrical Service8.9

Location

7070 Old Highway 53 Clearlake, CA 95422
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14454 Olympic, Clearlake, CA 95422-8809 $237,000 Jul 2024 1,765 SF
14954 Burns Vly, Clearlake, CA 95422-9190 $227,000 May 2021 1,212 SF
14085 Lakeshore, Clearlake, CA 95422-8344 $472,000 Apr 2021 4,000 SF
14350 Lakeshore, Clearlake, CA 95422-8149 $175,000 Oct 2020 4,578 SF
15090 Lakeshore, Clearlake, CA 95422-8180 $415,000 Apr 2019 2,880 SF
15120 Lakeshore, Clearlake, CA 95422-8391 $415,000 Apr 2019 2,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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