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3150-3152 Gilmore St
Placerville, CA 95667
Office Property For Sale
Executive Summary
Great opportunity to own a well-maintained, standalone commercial property on the perimeter of downtown Placerville. The property is fully occupied by long-term tenants, with Suite 3152 leased through March 2026 with one (1) five-year option, and Suite 3150 leased through June 2028. Both tenants are expected to remain stable for many years to come. The building has undergone over $200,000 in upgrades over the past two years, both interior and exterior. Landscaping has been upgraded to drought-resistant plantings with a full drip irrigation system. The property also features solar, helping reduce operating costs. Call LA for additional details.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
4,242 SF
Building Class
B
Year Built
1986
Price
$1,400,000
Price Per SF
$330.03
Cap Rate
4.48%
NOI
$62,761
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,121 SF
Building FAR
0.14
Lot Size
0.70 AC
Zoning
R106
Parking
18 Spaces (4.24 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Courtyard
- Central Heating
- Natural Light
- Drop Ceiling
- Monument Signage
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 003-101-008-000 | Improvements Assessment | $541,216 |
| Land Assessment | $148,834 | Total Assessment | $690,050 |
Property Taxes
Parcel Number
003-101-008-000
Land Assessment
$148,834
Improvements Assessment
$541,216
Total Assessment
$690,050
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