15060 Lakeshore DrClearlake, CA 95422

  • Retail properties
  • 1,600 SF
For Lease

Property Details for 15060 Lakeshore Dr

Year built
1963
Lot size
0.54 AC
Property size (Sq ft)
1,600 SF
Property type
Retail properties
Property subtype
Retail space
APN
040-330-220-000
APU
40330220000

Description

This exceptional retail property, located at 15060 Lakeshore Drive in Clearlake, California, 95422, presents a unique opportunity for businesses seeking a prominent location. The property offers a flexible ground lease or build-to-suit option, catering to various needs and expansion plans. The single-story building encompasses a total of 3,740 square feet, currently entirely vacant, and is divisible into units as small as 1,600 square feet, with a maximum contiguous space of 3,740 square feet. The property features two suites, providing versatility for multiple tenants or a single large occupant. Situated on a substantial 23,749 square foot lot, the property boasts excellent visibility and accessibility, enhanced by its proximity to Old Hwy 53. This prime location in Clearlake offers significant potential for businesses seeking high-traffic exposure and a strong customer base. The build-to-suit option allows for complete customization, ensuring the space perfectly aligns with the tenant's specific requirements and operational needs. This is an unparalleled chance to establish a thriving business in a desirable Clearlake location. The property's size and flexibility make it ideal for a variety of retail concepts. Don't miss this opportunity to secure a prominent retail presence in a growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $597,128
    6.5%
    $551,195
    7%
    $511,824
  • Comparable approach

    Method
    Valuation
    Relative Method
    $706,889
    Geo Method
    $575,689
  • Alternative Use

    Use
    Valuation
    Residential
    $464,954
    Hospitality
    $425,895
    Educational
    $354,340
    Medical
    $366,526
    Retail
    $551,195
15060 Lakeshore Dr, Clearlake, California

Location Insight

City
Clearlake
County
Lake
State
California
Latitude
38.9501
Longitude
-122.63
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
$2,367
$69,632
$104,450
$174,082
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FAQs

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