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    2311 Lake Tahoe Blvd South Lake Tahoe, CA 96150

    Sponsored
    For Sale
    $1,600,000

    Prime South Lake Tahoe Office Complex

    Property size:
    7,168 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This fee-simple, two-story office building in South Lake Tahoe, CA, offers a compelling investment or owner-user opportunity. The 7,168 square foot building, constructed in 1978, features 11 unique suites, providing flexibility for various business needs. Located at 2311 Lake Tahoe Blvd, this Class B property boasts a convenient location near restaurants, shops, and recreational activities, situated at the gateway to Tahoe Keys Marina. The property includes 50 parking spaces and sits on a 0.27-acre lot (APN: 023-221-11-100). Recent improvements include a renovated roof and parking lot. The building features wood frame construction with a wood vertical shiplap exterior and a composition and tile roof. Each floor offers separate men's and women's restrooms. The permitted zoning is GC. The asking price is $1,600,000, translating to $223.21 per square foot. This multi-tenant property presents a value-add opportunity through lease optimization and/or increasing occupancy to 100%. The property's strong location and recent upgrades make it an attractive investment in the thriving South Lake Tahoe market.

    Property Features for 2311 Lake Tahoe Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,168 SF
    Class
    B
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1978
    Stories
    2
    Units
    11

    HighLights

    • Fee‑simple, two‑story office building with 11 suites totaling 7,168 square feet.
    • Excellent South Lake Tahoe location near restaurants, shops, and recreation, at the gateway to Tahoe Keys Marina.
    • Strong value‑add investment or owner‑user opportunity with a 7.53% capitalization rate.
    • Potential for increased NOI through lease optimization and occupancy growth to 100%.
    Property Profile Location Intelligence

    Current Use by Public Records

    Meyers Physical Therapy Physical Therapy Clinic Law Offices of Robert ... Attorney Abelow Stephen P ... Orthopedic Surgeon Kaufman Raoul Marriage Or Relationship Counselor Catherine Aisner, Ph.D Psychologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    South Lake Tahoe
    County
    El Dorado
    State
    California
    Longitude
    -119.9946753
    Latitude
    38.9204332

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    FAQs

    What type of property is this?
    Office Property / Space - Prime South Lake Tahoe Office Complex
    Where is this office property / space located?
    The property is located at 2311 Lake Tahoe Blvd South Lake Tahoe, CA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Fee-simple, two-story office building with 11 suites totaling 7,168 square feet.; Excellent South Lake Tahoe location near restaurants, shops, and recreation, at the gateway to Tahoe Keys Marina.; Strong value-add investment or owner-user opportunity with a 7.53% capitalization rate.
    (530) 525-2304
    Request Owner's contact information
    2311 Lake Tahoe Blvd South Lake Tahoe, CA 96150
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    South Lake Tahoe, CA 96150
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    Realmo Value Estimation

    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.

    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.

    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
    2311 Lake Tahoe Blvd South Lake Tahoe, CA 96150
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