Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    857 Lake Tahoe blvd South Lake Tahoe, CA 96150

    View on Map
    Claim this Listing
    For Sale
    $245,000

    LAND - South Lake Tahoe, CA

    Lot size:
    0.24 Acres
    Added:
    Feb 28, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 19 at 7:06 am

    Property Features for 857 Lake Tahoe blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    033273008000
    Lot size
    0.24 Acres

    We can help!

    Listing Contact
    Brandon Mulholland

    Listing agent Brandon Mulholland

    Listing office Coldwell Banker Select - LTB 2196 Lake Tahoe Blvd #1, South Lake Tahoe, CA

    Listing date Feb 28, 2026

    MLS# 142552 Listing URL

    Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Lake Tahoe Build-Ready Land

    Located at 857 Lake Tahoe Blvd, this 10,411 sq ft lot offers a prime opportunity in South Lake Tahoe. The open parcel provides a chance to build in a desirable mountain community in California. The property features usable land and mountain views of the surrounding Sierra Nevada. It offers convenient access to shopping, dining, recreation, and year-round outdoor activities. This spacious lot provides flexibility and visibility in a sought-after location. The property is accessible directly from Lake Tahoe Boulevard. The location provides access to a four-season lifestyle, with skiing and snowboarding in the winter and hiking, biking, and water activities in the summer. The property is located in South Lake Tahoe, CA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Kitchen & Bath Showroom Car Rental Facility Daycare Center Travel Agency Plumbing Service Coworking & Hybrid Office (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Lake Tahoe
    County
    El Dorado
    State
    California
    Longitude
    -120.038295
    Latitude
    38.885158

    Nearby Similar for Sale

    • $1,798,000

      South Lake Tahoe Commercial Property

      Commercial property in South Lake Tahoe's Tourist Core with multiple spaces.
      3542 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150
      View Details
    • $989,000
      3,216 SF

      South Lake Tahoe Multifamily Investment

      Four-unit complex on two lots with ample parking.
      1168 Tata Lane, South Lake Tahoe, CA 96150
      View Details
    • $615,000
      670 SF

      Multi-Family Lot Near Heavenly Ski

      Multi-family zoned lot with updated cabins near Heavenly Ski Resort.
      1357 Susie Lake Road, South Lake Tahoe, CA 96150
      View Details
    • $899,000

      Lake Tahoe View Building Parcel

      Approved plans for a mountain modern home with lake views.
      4273 Saddle Road, South Lake Tahoe, CA 96150
      View Details
    • $3,900,000
      10,836 SF

      South Lake Tahoe Hotel Investment

      33-unit hotel near casinos, shopping, and Heavenly Village.
      3901 Pioneer Trail, South Lake Tahoe, CA 96150
      View Details
    • $750,000
      1,396 SF

      South Lake Tahoe Duplex Cabins

      Duplex with rental income and development potential near beaches.
      705 Eloise Avenue, South Lake Tahoe, CA 96150
      View Details
    • $700,000
      2,750 SF

      South Lake Tahoe Multifamily Investment

      Multifamily property in South Lake Tahoe with rental history.
      2493 Ponderosa Street, South Lake Tahoe, CA 96150
      View Details
    • $349,000

      South Lake Tahoe Acre Lot

      One-acre level lot near Highway 50 and Heavenly Ski Resort.
      1258 Emerald Bay Road, South Lake Tahoe, CA 96150
      View Details
    • $565,000
      2,104 SF

      Tahoe Income Producing Duplex

      Income-producing duplex near Heavenly Ski Resort and Heavenly Village.
      1145 Keller / aka 3846 Larch, South Lake Tahoe, CA 96150
      View Details
    • $1,600,000
      5,716 SF

      South Lake Tahoe Apartment Building

      Centrally located 6-unit apartment building near Heavenly Village.
      3716 Pioneer Trail, South Lake Tahoe, CA 96150
      View Details
    • $1,650,000
      4,872 SF

      Highway 50 Frontage Hotel Opportunity

      South Lake Tahoe hotel with redevelopment potential near the airport.
      1313 Emerald Bay Road, South Lake Tahoe, CA 96150
      View Details
    • $1,488,000
      4,220 SF

      Multi-Tenant Commercial Property For Sale

      Commercial property with stable income and development flexibility in South Lake Tahoe.
      2205 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150
      View Details

    FAQs

    What type of property is this?
    Commercial land - 10,411 sq ft lot in South Lake Tahoe, CA.
    Where is this commercial land located?
    The property is located at 857 Lake Tahoe blvd South Lake Tahoe, CA.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Prime 10,411 sq ft build‑ready lot in South Lake Tahoe.; Convenient access directly from Lake Tahoe Boulevard.; **Enjoy beautiful mountain views of the Sierra Nevada.**
    (560) 542-5555
    We can help!
    Listing Contact
    Brandon Mulholland
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!