Commission lease terms may run from several months to 49 years. Rent is generally based on a percent of the land value or an established benchmark appraisal. Below are the benchmarks we use to establish uniform rental rates:
- Category 1 benchmarks are applied to private docks, piers, and buoys.
- Category 2 benchmarks are applied to cantilevered decks, sundecks, or other non-water-dependent encroachments.
Note: Benchmarks are generally updated every five years.
Last updated May 2024
Category 1 Benchmarks
| Location | Rental Rate ($/SF) | Last Updated | Proposed Update |
|---|---|---|---|
| Tomales Bay berths Proposed rate | $ 0.133 $ 0.133 | December 2020 | October 2026 |
| Tomales Bay buoys * Proposed rate | $ 140.00 $ 167.00 | December 2020 | October 2026 |
| Lake Tahoe berths Proposed rate | $ 0.814 $ 0.976 | December 2021 | October 2026 |
| Lake Tahoe buoys * Proposed rate | $ 273.00 $ 565.00 | December 2021 | October 2026 |
| Lake Tahoe temporary/secondary submerged anchors *** Proposed rate | N/A $ 28.25 | N/A | October 2026 |
| San Francisco Bay Area | $ 0.227 | February 2022 | 2027 |
| Southern California | $ 0.451 | June 2022 | 2027 |
| Colorado River | $ 0.217 | February 2023 | 2028 |
| San Pablo Bay | $ 0.206 | February 2025 | 2030 |
| Sacramento River | $ 0.246 | August 2025 | 2030 |
| Delta Area | $ 0.197 | August 2025 | 2030 |
* per buoy
*** per anchor
Category 2** Benchmarks
** The Category 2 Benchmark may be discounted to reflect that the sovereign land being leased may not have the same utility as the upland property.
| Location | Rental Rate ($/SF) | Last Updated | Proposed Update |
|---|---|---|---|
| Lake Tahoe Proposed rate | $ 13.05 $ 23.85 | December 2021 | October 2026 |
| Huntington Harbour | $ 41.22 | June 2022 | 2027 |
| Solana Beach | $ 91.53 | April 2024 | 2029 |
| Corte Madera | $ 5.22 | June 2024 | 2029 |
| Sandy Beach | $ 5.13 | August 2024 | 2029 |
| Napa | $ 7.02 | April 2025 | 2030 |
| Black Point | $ 1.24 | December 2025 | 2030 |