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Remodeled Office Building
For Sale
$549,000

2692 Coloma St, Placerville, CA 95667

Two-level layout with private offices, separate HVAC systems, and on-site parking.

Property Size1,724 SF
Lot Size0.46 Acres
Price / SF$318.45
Days on Market90

Property Features for 2692 Coloma St

General Information

Standard status Active
Size 1,724 SF
Lot size 0.46 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Building Details

Year Renovated 2005
Buildings 1
Listing Agency: Premier Property Group
Listed By: Maury J. O Hearn · License #01428438
Source: Sacramentoareahouses
Added: Jul 21 Changed: Oct 1 Last Checked: Oct 16 at 8:55AM

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 Premier Property Group

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Investment Insights

Based on property information with market context.

This 1,724-square-foot office building at 2692 Coloma St. includes four ground-floor offices, each with a separate exterior entrance, plus an upper-level reception area, two additional offices, and a restroom. A secured storage room adds functional support space, with plumbing already installed for a possible office and bathroom conversion. The property was extensively remodeled in approximately 2004–2005 and has since received fresh paint and new carpeting. Separate central HVAC systems serve the two levels, while public water and sewer, an underground leased propane tank, and a monitored fire-alarm system support daily operations.

The 20,038-square-foot lot, approximately 0.46 acre, provides more than 10 on-site parking spaces. Positioned along Highway 49 near the Highway 193 intersection, the property is approximately 1.5 miles from Historic Downtown Placerville. Its configuration can accommodate independent office suites or a connected professional practice.

Key Highlights

  • 1,724‑square‑foot office building on a 20,038‑square‑foot lot
  • Approximately 0.46 acre with more than 10 on‑site parking spaces
  • Four ground‑floor offices with separate exterior entrances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,332
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,640 $566.6K
Cap Rate 7%
$404,743 $404.7K
Cap Rate 9%
$314,800 $314.8K
Market Conditions
NOI Build-Up for 1,724 SF
Gross rent
$45.5K $26.40/SF
− Vacancy
−$7.7K −$4.49/SF
EGI
$37.8K $21.91/SF
− OpEx
−$9.4K −$5.48/SF
NOI
$28.3K $16.43/SF
Area
El Dorado County, CA
Vacancy
17.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,640
Cap Rate 7%
$404,743
Cap Rate 9%
$314,800

Alternative Uses

Best Use
Office B
$404.7K
$354.2K – $472.2K (±1% cap)
NOI $28,332 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$616.4K
$539.3K – $719.1K (±1% cap)
NOI $43,145 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Auto Parts Store Computer & Electronic Repair Pharmacy Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

963
Businesses Nearby

Demographics for 95667, CA

37,283
Population
15,647
Households
2.4
Avg Household Size
50
Median Age
29%
College-Educated
93%
High-School Grad
169.1 sq mi
ZIP Area
220
Density / Sq Mi
$90,499
Median Household Income
$44,405
Median Earnings
$1,408
Median Rent
$527,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two-level layout with private offices, separate HVAC systems, and on-site parking.
Where is this office building located?
The property is located at 2692 Coloma St Placerville, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1,724‑square‑foot office building on a 20,038‑square‑foot lot; Approximately 0.46 acre with more than 10 on‑site parking spaces; Four ground‑floor offices with separate exterior entrances
More about this property
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