Five-Suite Mixed-Use
For Sale
$675,900
3816 Pioneer Trail, South Lake Tahoe, CA 96150
Comm/Ind/BusOpp, South Lake Tahoe, CA
Property Size2,480 SF
Lot Size0.23 Acres
Price / SF$272.54
Days on Market957
Property Features for 3816 Pioneer Trail
General Information
Property type
Commercial Sale
Property subtype
Other
Window features
Single Pane Window(s)
Exterior features
Storage Shed
Directions
Corner of Pioneer and Shepards
Subdivision
Stateline
Standard status
Active
APN
029403029000
Size
2,480 SF
Lot size
0.23 Acres
Utilities
Heating system
Space Heater, Natural Gas
Amenities
wrap around trex decking
Building Details
Year built
1964
Flooring type
Carpet
Building materials
Wood Frame, Wood Siding
Roof type
Composition
Additional Structures
Storage
Listing Agency:
Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe · Berkshire Hathaway HomeServices
(530) 543-6676
Listed By:
Debra Howard
(925) 244-1933
Added: Feb 23, 2024
Changed: Aug 25
Last Checked: Oct 7 at 1:06AM
MLS# 139835
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.
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains 2,480 square feet arranged in five business suites. The 0.23-acre parcel is positioned at a corner and includes on-site parking, wraparound Trex decking, and a storage shed. Wood-frame construction, wood siding, carpeted flooring, composition roofing, and natural-gas space heating are among the existing improvements. The property was built in 1964 and has received interior paint, flooring updates, and fresh exterior paint.
Located on Pioneer Trail in South Lake Tahoe, the property offers convenient access toward Stateline, Nevada, and is situated a few blocks from Heavenly Village, Heavenly Ski Resort, Ski Run shops and restaurants, and Lake Tahoe beaches. Its position along the drive toward Stateline provides exposure from Pioneer Trail and places the commercial suites within an established visitor-oriented area.
Located on Pioneer Trail in South Lake Tahoe, the property offers convenient access toward Stateline, Nevada, and is situated a few blocks from Heavenly Village, Heavenly Ski Resort, Ski Run shops and restaurants, and Lake Tahoe beaches. Its position along the drive toward Stateline provides exposure from Pioneer Trail and places the commercial suites within an established visitor-oriented area.
Key Highlights
- 2,480‑square‑foot mixed‑use commercial property on a 0.23‑acre corner parcel
- Current configuration includes 5 business suites
- On‑site parking with wraparound Trex decking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,756
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,120
$815.1K
Cap Rate 7%
$582,229
$582.2K
Cap Rate 9%
$452,844
$452.8K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$65.5K $26.40/SF
− Vacancy
−$11.1K −$4.49/SF
EGI
$54.3K $21.91/SF
− OpEx
−$13.6K −$5.48/SF
NOI
$40.8K $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%
$815,120
Cap Rate 7%
$582,229
Cap Rate 9%
$452,844
Alternative Uses
Best Use
Office B
$582.2K
$509.5K – $679.3K
NOI $40,756 @ 7.0% cap · market cap 6.03%
Second Best
Retail
$504.1K
$441.1K – $588.1K
NOI $35,285 @ 7.0% cap · market cap 5.22%
Theoretical Best
Specialty Retail
$886.6K
$775.8K – $1.03M
NOI $62,065 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
631
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner commercial property with on-site parking, flexible suite configuration, and direct access from Pioneer Trail.
Where is this mixed-use property located?
The property is located at 3816 Pioneer Trail South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $675,900.
What are key features of this property?
This property features: 2,480‑square‑foot mixed‑use commercial property on a 0.23‑acre corner parcel; Current configuration includes 5 business suites; On‑site parking with wraparound Trex decking
