Medical Office Condo with
1005 Fowler Way Placerville, CA 95667
1005 Fowler Way, Placerville, CA, 95667
$400,000
For Sale
$400,000
Office condo includes reception area, two private offices/exam rooms, and a restroom between them.
Property Size736 SF
Price / SF$543.48
Days on Market285
Property Features for 1005 Fowler Way
General Information
- Standard status
- Active
- Size
- 736 SF
- Property subtype
- Office
Building Details
- Year Built
- 2002
Listing agency
eXp Realty of Northern California, Inc.
9752700
Listed by
Joubert Caston
9752700
Source
Xome
Added: Oct 10, 2025 Updated: Jul 20 at 9:00PM Checked: Jul 21 at 3:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of Northern California, Inc.
Investment Insights
Based on property information with market context.
This office condo is configured for a medical or professional practice, with a welcoming reception area and a functional interior layout that includes two private offices or exam rooms. A restroom is conveniently located between the two rooms, and the unit also features two locking storage closets.
The property is described as being located in Placerville’s established medical corridor, just down the street from the hospital and surrounded by other professional uses. An outdoor sitting area is also included for staff or visitors.
The building presents an owner-user alternative to leasing, with the unit ready for practice operations from within the condo itself.
The property is described as being located in Placerville’s established medical corridor, just down the street from the hospital and surrounded by other professional uses. An outdoor sitting area is also included for staff or visitors.
The building presents an owner-user alternative to leasing, with the unit ready for practice operations from within the condo itself.
Key Highlights
- Office condo built in 2002 in Placerville’s established medical corridor
- Interior layout includes a reception area with front counter, plus two private offices/exam rooms
- Restroom conveniently located between the two private offices/exam rooms
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.7k | $33.60 |
| − Vacancy | −$2.5k | −$3.46 |
| EGI | $22.2k | $30.14 |
| − OpEx | −$8.9k | −$12.06 |
| NOI | $13.3k | $18.08 |
736 SF · lease $33.60/SF/yr · vacancy 10.30% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$190.1K
$166.4K – $221.8K
NOI $13,309 @ 7.0% cap · market cap 3.33%
Second Best
Office B
$172.8K
$151.2K – $201.6K
NOI $12,095 @ 7.0% cap · market cap 3.02%
Theoretical Best
Specialty Retail
$263.1K
$230.2K – $307.0K
NOI $18,419 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Nadolski Sara DVM — Placerville, CA 95667
- Smith Jeanne DVM — Placerville, CA 95667
FAQs
What type of property is this?
Medical Office Space - Office condo includes reception area, two private offices/exam rooms, and a restroom between them.
Where is this medical office space located?
The property is located at 1005 Fowler Way Placerville, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Office condo built in 2002 in Placerville’s established medical corridor; Interior layout includes a reception area with front counter, plus two private offices/exam rooms; Restroom conveniently located between the two private offices/exam rooms
