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1110 Melba Dr 0.48 Acres of Commercial Land Offered at $495,000 in South Lake Tahoe, CA 96150
Investment Highlights
- Approximately ±20,900 SF South Lake Tahoe land parcel
- 30% allowable coverage with ±6,270 SF base allowable coverage
- Prior commercial warehouse demolished after 2022/2023 winter collapse
- TRPA verified Class 7 land capability
- ±19,484 SF of verified existing land coverage; Includes ±5,000 SF of banked Commercial Floor Area
- Currently leased to Explorus on a month to month lease at $1,809/month
Executive Summary
NAI Tahoe Sierra is pleased to present 1110 Melba Drive, a development opportunity located in the City of South Lake Tahoe, California. The property consists of approximately 20,900 square feet and has been verified by the Tahoe Regional Planning Agency as Class 7 land capability, with 30% allowable coverage and 6,270 square feet of base allowable coverage.
Property Facts Under Contract
| Price | $495,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.48 AC |
| Zoning | PAS-110/TC-G - GC | ||
| Price | $495,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.48 AC |
| Zoning | PAS-110/TC-G - GC |
1 Lot Available
Lot
| Price | $495,000 | Lot Size | 0.48 AC |
| Price Per AC | $1,031,250.00 |
| Price | $495,000 |
| Price Per AC | $1,031,250.00 |
| Lot Size | 0.48 AC |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 032-191-012-000 | Improvements Assessment | $66,374 |
| Land Assessment | $123,134 | Total Assessment | $189,508 |
Property Taxes
Parcel Number
032-191-012-000
Land Assessment
$123,134
Improvements Assessment
$66,374
Total Assessment
$189,508
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Contact the Sale Advisor
1110 Melba Dr