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Prime Commercial Vacant Land in High-Traffic Shopping District! Seize this rare opportunity to own a premier commercial lot situated at the bustling corner of Olympic Drive and Cypress Street, right in the heart of Clearlake’s most popular shopping and business district. This high-visibility parcel offers excellent exposure, heavy foot traffic, and easy access, making it an ideal location for retail, dining, office space, or mixed-use development. Key Features: Lot Size: 0.16 +/- Zoning: C Location: Prime corner lot with frontage of major road. Traffic Count: As of a 2010 report, Olympic Drive in Clearlake, California, had an average daily traffic count of approximately 1,200 vehicles. In contrast, Highway 53, which intersects with Olympic Drive, experienced a higher average daily traffic count of about 8,100 vehicles during the same period. (Please note that these figures are over a decade old and may not reflect current traffic conditions. For the most up-to-date traffic data, I recommend contacting the Clearlake Police Department or the California Department of Transportation (Caltrans). They can provide the latest traffic studies and counts for Olympic Drive and surrounding areas.) Utilities: Sewer and water nearby (see photos) Surrounding Businesses: Safeway, Dollar Tree, Grocery Outlet, USPS, and many more. Development Potential: Perfect for retail, office, restaurant, or other commercial ventures. Don't miss your chance to secure this highly sought-after property in one of the most desirable commercial areas in Clearlake.
Listing agent: Jessica Spencer DRE #02021763 jessica.homesells@gmail.com, Listing office: Century 21 Epic-Clearlake
MLS data updated 10/19/2026, 12:13:12 PM PT
Source: CRMLS, MLS #: LC26011573
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 15, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$55,000Asking price recorded · Mar 15, 2026ZIP 95422 · Mar 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.