Commercial Property Near Apple
2080 Smith Flat Rd Placerville, CA 95667
2080 Smith Flat Rd, Placerville, CA, 95667
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For Sale
Contact for pricing
Retail and office spaces near wineries and bike trail.
Property Size2,800 SF
Price / SF$178.57
Days on Market1643
Property Features for 2080 Smith Flat Rd
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Property subtype
- Office, Retail
Listing Agency
ROME Real Estate Group
(916) 705-8132
Listed by
Chase Burke · License #CA 01879336
Source
Crexi
Added: Jan 16, 2022 Checked: Jul 16 at 6:34 am
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 ROME Real Estate Group
Investment Insights
Based on property information with market context.
This commercial property serves as a gateway to Apple Hill, El Dorado County's premier wineries, and the scenic El Dorado Bike Trail. Situated just east of downtown Placerville, the location offers access to the area's most popular attractions. The property includes multiple units. Unit #1 is a former restaurant/bar with approximately 2,800 square feet. Unit #2 is a retail/office space with approximately 982 square feet. Unit #3 is a retail/office space with approximately 860 square feet.
Key Highlights
- Prime location serving as the 'Gateway' to Apple Hill, El Dorado County's premier wineries, and the El Dorado Bike Trail.
- Unbeatable access to popular attractions just east of Downtown Placerville.
- Unit #1: Former Restaurant/Bar space available (approximately 2,800 SF).
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.9k | $26.40 |
| − Vacancy | −$12.6k | −$4.49 |
| EGI | $61.4k | $21.91 |
| − OpEx | −$15.3k | −$5.48 |
| NOI | $46.0k | $16.43 |
2,800 SF · lease $26.40/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$657.4K
$575.2K – $766.9K
NOI $46,015 @ 7.0% cap · market cap 9.20%
Second Best
Retail
$569.1K
$498.0K – $664.0K
NOI $39,838 @ 7.0% cap · market cap 7.97%
Theoretical Best
Specialty Retail
$1.00M
$875.9K – $1.17M
NOI $70,074 @ 7.0% cap · market cap 14.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail and office spaces near wineries and bike trail.
Where is this retail space located?
The property is located at 2080 Smith Flat Rd Placerville, CA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Prime location serving as the 'Gateway' to Apple Hill, El Dorado County's premier wineries, and the El Dorado Bike Trail.; Unbeatable access to popular attractions just east of Downtown Placerville.; Unit #1: Former Restaurant/Bar space available (approximately 2,800 SF).
