Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land For Sale Placerville Title is generated by Realmo AI

    2024 Broadway, Placerville, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Approximately 4.126 acres of commercial land for sale.

    Type:LAND
    Lot size:
    4.13 Acres
    Added:
    May 9, 2025
    Days on Market:
    369
    Last Refresh:
    Apr 5 at 10:37 pm

    Property Features for 2024 Broadway

    General Information

    Standard status
    Active
    Lot size
    4.13 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Robb Osborne
    Robb Osborne

    Listing agent Robb Osborne

    Listing office Gallelli Real Estate

    Listing date May 9, 2025

    Source Moodyscre

    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 Gallelli Real Estate

    HighLights

    • ± 4.126 acres of land available.
    • Zoned Highway Commercial, allowing for a variety of uses.
    • Excellent freeway exposure.
    • Street frontage along Broadway.
    • Traffic counts at 5,855 cars per day.
    • Located at the corner of Texerna Court and Broadway.

    Overview

    The property at 2100 Ferndale Court consists of approximately 4.126 acres of land available for sale at the corner of Texerna Court and Broadway in Placerville, CA. The parcel location provides street frontage along Broadway with traffic counts at 5,855 cars per day. The land enjoys excellent freeway exposure and is zoned Highway Commercial, allowing for a variety of uses within the current zoning code.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Parts Store Bar & Pub Hotel & Motel Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Placerville
    County
    El Dorado
    State
    California
    Longitude
    -120.753
    Latitude
    38.7302

    Nearby Similar for Sale

    • $895,000

      65 Acres Near American River

      65+ acres near Placerville with river access and amenities.
      2095 Wild Goose Canyon Rd, Placerville, CA 95667
      View Details
    • $399,900
      864 SF

      Refurbished Commercial Property on Pleasant Valley

      Revitalized auto shop with office and fenced yards.
      2310 Pleasant Valley Road, Placerville, CA 95667
      View Details
    • $150
      9,662 SF

      Placerville Office Building For Sale

      Office building in Placerville with high visibility and accessibility.
      596 Main Street, Placerville, CA 95667
      View Details
    • $1,600,000
      27,770 SF

      Placerville Office/Medical/Retail Building

      Largest office/medical/retail building in Placerville with ample parking.
      681 Main St, Placerville, CA 95667
      View Details
    • $929,000
      4,752 SF

      Placerville Office Building For Sale

      Office building in the Central Business District, ideal for owner/user.
      601 Main St, Placerville, CA
      View Details
    • $195,000

      Established Restaurant Business Opportunity

      Turn-key restaurant with 34 years of proven operation.
      4615 Missouri Flat Rd, Placerville, CA 95667
      View Details
    • $300,000

      Placerville Land Near Future Courthouse

      Two land parcels near future courthouse with infrastructure upgrades.
      3101 Gold Nugget Wy, Placerville, CA
      View Details
    • $800,000

      Commercial Land For Sale

      Commercial land available in Placerville, California.
      5441 Merchant Circle, Placerville, CA 95667
      View Details
    • $1,520,000
      9,500 SF

      Professional Office Building For Sale

      Office building available for purchase in Placerville, California.
      175 Placerville Drive, Placerville, CA, 95667
      View Details
    • $625,000
      2,520 SF

      Retail Building on Main Street

      2,520 SF retail building in downtown Placerville, CA.
      435 Main St, Placerville, CA
      View Details
    • $1,190,000

      Placerville Land Near Future Courthouse

      Two parcels totaling 26.5 acres near future courthouse.
      3403 Gold Nugget Wy, Placerville, CA
      View Details
    • $219,500

      Commercial Land For Sale

      Commercial land available on Main Street in Placerville, California.
      699 Main Street C, Placerville, CA 95667
      View Details

    FAQs

    What type of property is this?
    Commercial land - Approximately 4.126 acres of commercial land for sale.
    Where is this commercial land located?
    The property is located at 2024 Broadway Placerville, CA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: ± 4.126 acres of land available.; Zoned Highway Commercial, allowing for a variety of uses.; **Excellent freeway exposure.**
    (916) 770-9151 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Robb Osborne
    Robb Osborne
    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

    Thank You for Inquiry
    2024 Broadway, Placerville, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!