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Golden Center Drive Commercial Property
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4280 Golden Center Dr, Placerville, CA 95667

Commercial property with high visibility and financing options available.

Property Size5,087 SF
Price / SF$250.05
Days on Market934

Property Features for 4280 Golden Center Dr

General Information

Standard status Active
Size 5,087 SF
Class B
Total Parking Spaces 25
Property subtype Office, Retail
Occupancy 32%
Lease Type NNN
Investment Type Owner/User

Building Details

Year Built 1989
Year Renovated 2007
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Kidder Mathews Sacramento
Listed By: Tyler Boyd · License #CA 01927167
Source: Crexi
Added: Feb 10, 2024 Changed: Aug 24 Last Checked: Aug 29 at 8:16PM

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 Kidder Mathews Sacramento

Investment Insights

Based on property information with market context.

This commercial property offers excellent visibility from Missouri Flat Road and Forni Road, with traffic counts at the intersection exceeding 33,000 cars per day. 90% loan-to-value financing is available, including tenant improvements. The property encompasses 5,087 square feet.

Key Highlights

  • Excellent visibility from Missouri Flat Rd & Forni Rd
  • High traffic counts at intersection (over 33,000 cars per day)
  • 90% loan‑to‑value financing available including tenant improvements

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$83,600
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.57%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,672,000 $1.7M
Cap Rate 7%
$1,194,286 $1.2M
Cap Rate 9%
$928,889 $928.9K
Market Conditions
NOI Build-Up for 5,087 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$134.3K $26.40/SF
− Vacancy
−$22.8K −$4.49/SF
EGI
$111.5K $21.91/SF
− OpEx
−$27.9K −$5.48/SF
NOI
$83.6K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,672,000
Cap Rate 7%
$1,194,286
Cap Rate 9%
$928,889

Alternative Uses

Best Use
Office B
$1.19M
$1.05M – $1.39M (±1% cap)
NOI $83,600 @ 7.0% cap · market cap 6.57%
Second Best
Retail
$1.03M
$904.7K – $1.21M (±1% cap)
NOI $72,377 @ 7.0% cap · market cap 5.69%
Theoretical Best
Specialty Retail
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,309 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Spaces

Suggested Use

Top Pick Locksmith Parking Lot & Garage Catering Service Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Walmart Home Theater Installation 4300 Missouri Flat Rd, Placerville, CA 95667

Frequently Asked Questions

What type of property is this?
Office space - Commercial property with high visibility and financing options available.
Where is this office space located?
The property is located at 4280 Golden Center Dr Placerville, CA.
What is the asking price?
The asking price for this property is $1,272,000.
What are key features of this property?
This property features: Excellent visibility from Missouri Flat Rd & Forni Rd; High traffic counts at intersection (over 33,000 cars per day); 90% loan‑to‑value financing available including tenant improvements
(916) 751-3625 Call to check price and availability
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