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    3041 Forni Rd Placerville, CA 95667

    Sponsored
    For Sale
    $4,950,000

    Prime Retail Space, High Visibility

    Property size:
    23,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 23,500-square-foot retail building, located at 3041 Forni Road in Placerville, California, presents a unique investment opportunity. Built in 1999, the property sits on a 3.78-acre lot and boasts 85 parking spaces, ensuring ample customer convenience. Its HWC (Highway Commercial) zoning within the City of Placerville allows for a variety of commercial uses. The building enjoys high visibility and easy access to Highway 50, providing excellent exposure to a large customer base. The strategic location bridges the charming El Dorado Foothills and South Lake Tahoe, maximizing market reach. Features include two dock-high roll-up doors, ideal for efficient loading and unloading. Offered at $4,950,000 ($229.79/sq ft), this property is perfect for owner-users or investors seeking a high-profile commercial presence in a thriving market. The property's size, location, and amenities make it an ideal investment for businesses seeking to establish or expand their operations in the Placerville area. Its prime location and ample parking ensure high visibility and accessibility for customers. This is a rare opportunity to acquire a significant commercial property in a desirable location.

    Property Features for 3041 Forni Rd

    General Information

    Property type
    Retail properties
    Square Feet
    23,500 SF
    Lot Size
    164,657 SF

    Building Details

    Year Built
    1999

    HighLights

    • 3041 Forni Road, Placerville
    • Placerville submarket, Highway Commercial (HWC) zoning
    • 23,500 square foot building on a 3.78‑acre lot
    • Constructed in 1999 with 85 parking spaces
    • High‑visibility location with easy freeway access to Hwy 50
    • Features two dock‑high roll‑up doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Placerville
    County
    El Dorado
    State
    California
    Longitude
    -120.8318587
    Latitude
    38.7199463

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Visibility
    Where is this retail property located?
    The property is located at 3041 Forni Rd Placerville, CA.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: 3041 Forni Road, Placerville; Placerville submarket, Highway Commercial (HWC) zoning; 23,500 square foot building on a 3.78-acre lot
    Request Owner's contact information
    3041 Forni Rd Placerville, CA 95667
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    Placerville, CA 95667
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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
    3041 Forni Rd Placerville, CA 95667
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