South Lake Tahoe Commercial
For Sale
$1,175,000
3716 & 3717 Osgood Ave, South Lake Tahoe, CA 96150
Two-story building with vacant lot in South Lake Tahoe.
Property Size4,000 SF
Lot Size0.57 Acres
Price / SF$293.75
Days on Market236
Property Features for 3716 & 3717 Osgood Ave
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.57 Acres
Property subtype
Office/Warehouse
Listing Agency:
NAI Tahoe Sierra
Listed By:
Scott Fair · License #CalDRE #01761504
(530) 525-2304
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Oct 26 at 2:21PM
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
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Investment Insights
Based on property information with market context.
The former Bonanza Produce distribution facility is available for sale. It consists of two parcels located at 3716 & 3717 Osgood Ave in South Lake Tahoe, CA. The offering includes a two-story building with approximately 4,000 square feet, as per TRPA land coverage verification records, situated on a parcel of approximately 4,792 square feet. An adjacent vacant lot offers approximately 20,038 square feet, bringing the total land area to approximately 24,830 square feet. The building offers flexible commercial use. It features two loading docks with dock levelers for efficient shipping and storage. The lower level is suitable for storage, shop, or distribution. The second level includes offices, a kitchen, and a full bathroom for live/work use, and ample parking and yard space.
Key Highlights
- ±24,830 sq. ft. total land area in South Lake Tahoe.
- ±4,000 sq. ft. two‑story building with flexible commercial use.**
- Two loading docks with dock levelers for efficient shipping and storage.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,736
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,314,720
$1.3M
Cap Rate 7%
$939,086
$939.1K
Cap Rate 9%
$730,400
$730.4K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$105.6K $26.40/SF
− Vacancy
−$18.0K −$4.49/SF
EGI
$87.6K $21.91/SF
− OpEx
−$21.9K −$5.48/SF
NOI
$65.7K $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%
$1,314,720
Cap Rate 7%
$939,086
Cap Rate 9%
$730,400
Alternative Uses
Best Use
Office B
$939.1K
$821.7K – $1.10M
NOI $65,736 @ 7.0% cap · market cap 5.59%
Second Best
Warehouse
$613.8K
$537.1K – $716.2K
NOI $42,969 @ 7.0% cap · market cap 3.66%
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,105 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story building with vacant lot in South Lake Tahoe.
Where is this mixed-use property located?
The property is located at 3716 & 3717 Osgood Ave South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: ±24,830 sq. ft. total land area in South Lake Tahoe.; ±4,000 sq. ft. two‑story building with flexible commercial use.**; Two loading docks with dock levelers for efficient shipping and storage.**
