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    960 Emerald Bay Rd South Lake Tahoe, CA 96150

    For Sale
    $2,600,000

    Leased investment opportunity in South Lake Tahoe's busy 'Y' area.

    Property size:
    8,896 SF

    Property Features for 960 Emerald Bay Rd

    General Information

    Size
    8,896 SF

    Building Details

    Year built
    1964

    Source: Scott Fair Agent Scott Fair

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail/Office Building Anchored by Pet Supermarket

    This 8,896 square foot building, constructed in 1964, is located at the busy intersection of the "Y" in South Lake Tahoe. The property is comprised of seven units and is anchored by Pet Supermarket. The second floor contains six individual small office units. Zoned TC, the property offers a versatile space suitable for a range of retail ventures. The location provides excellent visibility and access for retail and office businesses. The property is positioned as an attractive prospect for investors seeking a commercial asset with the potential for long-term growth in the Tahoe commercial market. South Lake Tahoe is described as a vibrant mountain community with a population of residents and visitors. The area is experiencing a revival, with old motels transforming into trendy lodgings, a growing craft brewery scene, new restaurants, and luxury condos. Technology is attracting business owners and workers to the area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bry Vernon a MD Psychiatrist Karen L. Maack, ... Marriage Or Relationship Counselor Lake DJ Entertainment Dj Service HOA Accounting Services Bookkeeping Service Pet Supermarket Pet Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing 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
    -120.00589
    Latitude
    38.914119

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    FAQs

    What type of property is this?
    Strip mall - Leased investment opportunity in South Lake Tahoe's busy 'Y' area.
    Where is this strip mall located?
    The property is located at 960 Emerald Bay Rd South Lake Tahoe, CA.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Anchored by Pet Supermarket, providing stable income and attracting customer traffic.; - Prime location at the busy "Y" intersection in South Lake Tahoe, ensuring high visibility and accessibility.; - Versatile TC zoning allows for a range of retail and office uses.
    (530) 525-2304
    Request Owner's contact information
    960 Emerald Bay Rd South Lake Tahoe, CA 96150
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    South Lake Tahoe, CA 96150
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    Realmo Value Estimation

    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.

    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.

    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
    960 Emerald Bay Rd South Lake Tahoe, CA 96150
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