Mixed-Use Industrial
For Sale
$1,750,000
Pending
2140 US Highway 50, South Lake Tahoe, CA 96150
The property combines industrial bays, second-floor residential units, storage sheds, and on-site parking.
Property Size10,644 SF
Lot Size1.18 Acres
Days on Market866
Property Features for 2140 US Highway 50
General Information
Standard status
Pending
Size
10,644 SF
Lot size
1.18 Acres
Property subtype
Commercial/Industrial
Additional Details
Utilities to Site
Yes
Three-Phase Power
Yes
Multifamily Units
3
Building Details
Year Built
1968
Buildings
1
Building Size
10,644 SF
Listing Agency:
Ascent Property Group
(530) 416-2779
Listed By:
Nicole Zaborsky · License #02043717
(530) 416-2779
Source:
Exitrealty
Added: Mar 21, 2024
Changed: Jul 31
Last Checked: Aug 2 at 6:42AM
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 Ascent Property Group
Investment Insights
Based on property information with market context.
This mixed-use property includes eight industrial bays ranging from 770 to 1,200 square feet, each with a roll-up door, along with three residential units on the second floor. The building contains approximately 10,644 square feet of gross building area and is supported by three-phase power, a private well, generous parking, and numerous storage sheds. There are currently three month-to-month tenants.
The approximately 1.18-acre property is located at 2140 US Highway 50 in South Lake Tahoe, across from the South Lake Tahoe Airport in the unincorporated area of El Dorado County. TRPA verification identifies Land Class 6, 32,221 square feet of coverage, 7,260 CFA, and three Residential Units of Use.
The approximately 1.18-acre property is located at 2140 US Highway 50 in South Lake Tahoe, across from the South Lake Tahoe Airport in the unincorporated area of El Dorado County. TRPA verification identifies Land Class 6, 32,221 square feet of coverage, 7,260 CFA, and three Residential Units of Use.
Key Highlights
- 8 industrial bays ranging from 770 sf to 1200 sf with roll up doors
- Three residential units on the second floor
- ~10,644 sf gross building area on ~1.18 acres
Financial Insights For Apartment 5plus
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 | $306.5k | $28.80 |
| − Vacancy | −$18.7k | −$1.76 |
| EGI | $287.8k | $27.04 |
| − OpEx | −$129.5k | −$12.17 |
| NOI | $158.3k | $14.87 |
10,644 SF · lease $28.80/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Flex RnD
$2.73M
$2.39M – $3.18M
NOI $190,953 @ 7.0% cap · market cap 10.91%
Second Best
Apartment 5plus
$2.26M
$1.98M – $2.64M
NOI $158,316 @ 7.0% cap · market cap 9.05%
Theoretical Best
Specialty Retail
$3.81M
$3.33M – $4.44M
NOI $266,380 @ 7.0% cap · market cap 15.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
Explore this area
Business Placement
Demographics for 96150, CA
29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value
Market
Properties on Market for Mixed-use properties in El Dorado County
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines industrial bays, second-floor residential units, storage sheds, and on-site parking.
Where is this mixed-use property located?
The property is located at 2140 US Highway 50 South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 8 industrial bays ranging from 770 sf to 1200 sf with roll up doors; Three residential units on the second floor; ~10,644 sf gross building area on ~1.18 acres
