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2140 US Highway 50 7,260 SF Industrial Building South Lake Tahoe, CA 96150 $1,500,000 ($206.61/SF) 2.77% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Large Commercial Building with Highway Frontage
  • 3 private wells
  • Land Class 6, high land capability
  • Three phase power

EXECUTIVE SUMMARY

Industrial property in South Lake Tahoe, outside the city limits, in the unincorporated area of El Dorado County. 1.18 acres of industrial. 8 industrial bays ranging from 770 sf to 1200 sf with roll up doors. Five doors are 12'x14' and three are 7.5'x7'. Three residential units on the second floor. The gross building area is 10,644 sf. The building is on three phase power and has three private wells (two are operational) and there are numerous storage sheds. TRPA verified: Land Class 6; 32,221 sf coverage; 7,260 CFA; and 3 Residential Units of Use.

PROPERTY FACTS

Price $1,500,000
Price Per SF $206.61
Sale Type Investment
Cap Rate 2.77%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.18 AC
Rentable Building Area 7,260 SF
No. Stories 1
Year Built 1968
Parking Ratio 2.2/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 8
Zoning Industrial

AMENITIES

  • Signage
  • Yard

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
033-050-023-000
Land Assessment
$51,906
Improvements Assessment
$212,020
Total Assessment
$263,926
  • Listing ID: 15599690

  • Date on Market: 4/1/2019

  • Last Updated:

  • Address: 2140 US Highway 50, South Lake Tahoe, CA 96150

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