52 Soda Bay RdLakeport, CA 95453

  • Sports & entertainment properties
  • 23,084 SF
For Sale
$1,750,000 View listing

Property Details for 52 Soda Bay Rd

Year built
1998
Lot size
3.46 AC
Property size (Sq ft)
23,084 SF
Zone code
C3
Property type
Sports & entertainment properties
Property subtype
Other sports & entertainment properties
APN
008-001-280-000
APU
8001280000

Description

This exceptional investment opportunity presents the Lakeport Cinema 5 and Auto Movie Drive-In, a rare find in California. The property encompasses four parcels totaling 25.89 acres, offering significant potential for growth and development. The Cinema itself boasts approximately 18,620 square feet of interior space, complemented by a 1919-square-foot mezzanine, all situated on approximately 3.5 acres. The adjacent Auto Movie Drive-In features a 3240-square-foot projection room, concession stand, and restrooms on roughly 8.1 acres. Adding to the property's value is an undeveloped 5.9-acre parcel with prime street frontage on Soda Bay Road, offering excellent visibility from Highway 29 and proximity to Main Street. A final 8.4-acre parcel is located in the wetlands. The property benefits from recent 2022 upgrades, including a complete roof replacement, enhanced lighting, new carpeting, and seating throughout the cinema. This unique property presents a compelling investment opportunity in a desirable Lake County location. The total building square footage is approximately 23,779 square feet. The asking price is $1,750,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,248,958
    Hospitality
    $6,640,007
    Educational
    $5,524,408
    Medical
    $5,714,400
    Retail
    $8,593,523
52 Soda Bay Rd, Lakeport, California

Location Insight

City
Lakeport
County
Lake
State
California
Latitude
39.0152
Longitude
-122.909
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
$38,579
$85,251
$3,305,998
$3,391,249
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