Mixed-Use Property with
New
For Sale
$975,000
2719 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
Three buildings combine retail, warehouse, and storage space along Lake Tahoe Boulevard.
Property Size4,250 SF
Lot Size0.41 Acres
Price / SF$229.41
Days on Market3
Property Features for 2719 Lake Tahoe Blvd
General Information
Standard status
Active
Size
4,250 SF
Lot size
0.41 Acres
Property subtype
Retail/Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Mixed-Use Components
retail, warehouse, storage
Additional Details
Warehouse Space
1,860 SF
Property Use
Retail/Industrial
Building Details
Building Size
4,250 SF
Year Built
2006
Buildings
3
Listing Agency:
NAI Tahoe Sierra
Listed By:
Scott Fair · License #CalDRE #01761504
(530) 525-2304
Source:
Naiglobal
Added: Oct 30
Last Checked: Nov 1 at 3:14AM
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 NAI Tahoe Sierra
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property includes a single-story commercial and retail building, a separate warehouse, and a storage building. The retail interior has an open floor plan with vaulted ceilings. The buildings total approximately 4,250 SF on a 0.41-acre parcel; the retail building measures approximately 1,890 SF, the warehouse approximately 1,860 SF, and storage approximately 500 SF. The property was built in 2006.
The site fronts Lake Tahoe Boulevard in South Lake Tahoe’s western retail corridor, within the Highland Woods area and near the Y. Highways 50 and 89, the lake, recreation, and shopping are identified as nearby access points and destinations.
The site fronts Lake Tahoe Boulevard in South Lake Tahoe’s western retail corridor, within the Highland Woods area and near the Y. Highways 50 and 89, the lake, recreation, and shopping are identified as nearby access points and destinations.
Key Highlights
- Approximately 4,250 SF across retail, warehouse, and storage buildings
- Approximately 0.41‑acre parcel with Lake Tahoe Boulevard frontage
- Single‑story commercial/retail building of approximately 1,890 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,469
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,209,380
$1.2M
Cap Rate 7%
$863,843
$863.8K
Cap Rate 9%
$671,878
$671.9K
Market Conditions
NOI Build-Up for 4,250 SF
Gross rent
$91.8K $21.60/SF
− Vacancy
−$5.4K −$1.27/SF
EGI
$86.4K $20.33/SF
− OpEx
−$25.9K −$6.10/SF
NOI
$60.5K $14.23/SF
Area
El Dorado County, CA
Vacancy
5.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,209,380
Cap Rate 7%
$863,843
Cap Rate 9%
$671,878
Alternative Uses
Best Use
Retail
$863.8K
$755.9K – $1.01M
NOI $60,469 @ 7.0% cap · market cap 6.20%
Second Best
Warehouse
$652.2K
$570.7K – $760.9K
NOI $45,654 @ 7.0% cap · market cap 4.68%
Theoretical Best
Specialty Retail
$1.52M
$1.33M – $1.77M
NOI $106,362 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
608
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three buildings combine retail, warehouse, and storage space along Lake Tahoe Boulevard.
Where is this mixed-use property located?
The property is located at 2719 Lake Tahoe Blvd South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Approximately 4,250 SF across retail, warehouse, and storage buildings; Approximately 0.41‑acre parcel with Lake Tahoe Boulevard frontage; Single‑story commercial/retail building of approximately 1,890 SF
