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    South Lake Tahoe Commercial Property Title is generated by Realmo AI

    2774 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150

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    Claim this Listing
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    For Sale
    $1,150,000

    COMMERCIAL - South Lake Tahoe, CA

    Property size:
    1,272 SF
    Lot size:
    0.36 Acres
    Price / SF:
    $904/SF
    Added:
    May 29, 2026
    Days on Market:
    2
    Last Refresh:
    May 30 at 11:06 am

    Property Features for 2774 Lake Tahoe Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Window features
    Single Pane Window(s)
    Standard status
    Active
    APN
    031103013000
    Size
    1,272 SF
    Lot size
    0.36 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1965
    Flooring type
    Concrete
    Building materials
    Steel Frame

    We can help!

    Listing Contact
    Nicole Zaborsky
    Nicole Zaborsky

    Listing agent Nicole Zaborsky License #BS.146514

    Listing office Ascent Property Group 3274 W River Park Rd, South Lake Tahoe, CA

    Listing date May 29, 2026

    MLS# 142991

    Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location on US Highway 50/Lake Tahoe Boulevard with exceptional visibility and access.
    • Versatile Sierra Tract Commercial zoning allows for a wide range of potential uses.
    • 1,272 sq. ft. metal building with two roll‑up doors, vaulted ceilings (designed for vehicle lifts), office space, storage, and two restrooms.
    • One‑third acre corner parcel with approximately 150 feet of highway frontage.
    • Approximately 20 parking spaces with convenient access from Highway 50 and Blue Lake Avenue.
    • Verified land capability as LCV 7 and 1b by TRPA.

    Overview

    This commercial property is located in South Lake Tahoe, CA, offering visibility and access on US Highway 50/Lake Tahoe Boulevard. Situated on a one-third acre corner parcel, the property features approximately 150 feet of highway frontage. The 1,272 sq. ft. metal building includes two roll-up doors, vaulted ceilings designed to accommodate vehicle lifts in each bay, office space, a storage area, and two restrooms. The site also provides approximately 20 parking spaces with vehicular and pedestrian access from both Highway 50 and Blue Lake Avenue. Located within Sierra Tract Commercial zoning, the property allows for a wide range of potential uses, including restaurant, service station, nursery, outdoor retail sales, auto repair and service, business support services, contractor and construction services, financial services, and professional office space. The land capability is verified as LCV 7 and 1b. This property presents an opportunity for owner-users, investors, or expanding businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Muffler Palace Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Nick's Automotive — 2717 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
    • Ready-to-Roll Towing ServiceLtd. — 2635 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
    • Clear Choice Towing & Recovery — 969 Brockway Ave, South Lake Tahoe, CA 96150
    • Oil Changers — 2513 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
    • South Lake Tahoe Towing — 2303 James Ave, South Lake Tahoe, CA 96150

    Location Insight

    • Map
    • Local Demand
    City
    South Lake Tahoe
    County
    El Dorado
    State
    California
    Longitude
    -119.979305
    Latitude
    38.930639

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    FAQs

    What type of property is this?
    Auto shop - Versatile commercial property with highway frontage in South Lake Tahoe.
    Where is this auto shop located?
    The property is located at 2774 Lake Tahoe Boulevard South Lake Tahoe, CA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Prime location on US Highway 50/Lake Tahoe Boulevard with exceptional visibility and access.; Versatile Sierra Tract Commercial zoning allows for a wide range of potential uses.; **1,272 sq. ft. metal building with two roll‑up doors, vaulted ceilings (designed for vehicle lifts), office space, storage, and two restrooms.**
    (530) 577-7111
    We can help!
    Listing Contact
    Nicole Zaborsky
    Nicole Zaborsky
    Real Estate License ID: BS.146514
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    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
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