Locksmith
2864 Ray Lawyer Drive #100, Placerville, CA 95667
For Sale
$275,000
The operation offers locksmithing, key programming, engraving, sharpening and other services, with a mobile service van included.
Property Size900 SF
Price / SF$305.56
Days on Market21
Property Features for 2864 Ray Lawyer Drive #100
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Business Included
Currently Operating
Building Details
Building Size
Year Built
Units
Listing Agency:
Premier Property Group
4091647
Listed By:
Maury J O Hearn · License #01428438
(530) 409-1647
Source:
Davenportsold
Added: Oct 19
Changed: Nov 7
Last Checked: Nov 7 at 12:41PM
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
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.
A 900-square-foot storefront in Placerville is offered with an established locksmith business. Services cover residential, commercial and automotive locks and keys, along with sharpening, engraving, rubber stamps, laminating, watch batteries, remote batteries and programming. A mobile service van is part of the operation. The building was constructed in 1983, and the business has remained under the same ownership for 38 years.
The storefront is located within the Raley's parking lot at 2864 Ray Lawyer Drive, Suite 100. The business has accounts with car dealerships, banks and property managers, and has a community reputation noted in the property information. Zoning is C.
The storefront is located within the Raley's parking lot at 2864 Ray Lawyer Drive, Suite 100. The business has accounts with car dealerships, banks and property managers, and has a community reputation noted in the property information. Zoning is C.
Key Highlights
- 900‑square‑foot storefront; building constructed in 1983
- Locksmith services for residential, commercial and automotive customers
- Additional services include sharpening, engraving, rubber stamps and laminating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,805
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,100
$256.1K
Cap Rate 7%
$182,929
$182.9K
Cap Rate 9%
$142,278
$142.3K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$19.4K $21.60/SF
− Vacancy
−$1.1K −$1.27/SF
EGI
$18.3K $20.33/SF
− OpEx
−$5.5K −$6.10/SF
NOI
$12.8K $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%
$256,100
Cap Rate 7%
$182,929
Cap Rate 9%
$142,278
Alternative Uses
Best Use
Retail
$182.9K
$160.1K – $213.4K
NOI $12,805 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$321.8K
$281.6K – $375.4K
NOI $22,524 @ 7.0% cap · market cap 8.19%
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
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - The operation offers locksmithing, key programming, engraving, sharpening and other services, with a mobile service van included.
Where is this storefront property located?
The property is located at 2864 Ray Lawyer Drive #100 Placerville, CA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 900‑square‑foot storefront; building constructed in 1983; Locksmith services for residential, commercial and automotive customers; Additional services include sharpening, engraving, rubber stamps and laminating
