Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Retail Space in Placerville Title is generated by Realmo AI

    2855 Ray Lawyer Dr, Placerville, CA 95667

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    High-traffic retail space near Highway 50 and major retailers.

    Type:Retail
    Added:
    Nov 13, 2024
    Days on Market:
    567
    Last Refresh:
    May 12 at 9:08 pm

    Property Features for 2855 Ray Lawyer Dr

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 2855 Ray Lawyer Dr Contact us

    Suite 2855 $1.25/Mo

    Size
    2,200 SF
    Type
    Retail
    Former Yoga Studio
    Contact us

    Suite 2869 $1.25/Mo

    Size
    1,600 SF
    Type
    Retail
    Former Dance Studio
    Contact us

    We can help!

    Listing Contact
    Chase Burke
    Chase Burke

    Listing agent Chase Burke License #CA 01879336

    Listing office ROME Real Estate Group

    Listing date Nov 13, 2024

    Source Crexi

    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

    HighLights

    • Strategic location directly across from Raley's supermarket and Regal Cinema, ensuring high foot traffic.
    • Quick and easy freeway access via close proximity to Highway 50.
    • High traffic counts of 41,869 ADT at Placerville Dr & El Dorado FWY.
    • Abundant parking available for customers and employees.
    • Monument signage available to enhance business visibility.
    • Surrounded by major retailers and local attractions (Placerville Speedway, El Dorado County Library).

    Overview

    Located at 2855-2869 Ray Lawyer Dr, Placerville, CA 95667, this commercial retail property is positioned to serve both start-ups and established businesses. The property benefits from its location across from a Raley's supermarket and Regal Cinema, ensuring consistent foot traffic. Its proximity to Highway 50 provides quick freeway access for customers and employees. The property is surrounded by major retailers and local attractions, including Placerville Speedway and the El Dorado County Library, offering visibility and accessibility. Monument signage is available to enhance business presence. The location features parking and traffic counts of 41,869 ADT at Placerville Dr & El Dorado FWY.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Placerville
    County
    El Dorado
    State
    California
    Longitude
    -120.836448
    Latitude
    38.728646

    Nearby Similar for Lease

    • $1.25 SF/Yr
      9,662 SF

      Placerville Office Space For Lease

      9,662 SF office space in the heart of Placerville.
      596 Main Street, Placerville, CA 95667
      View Details
    • $1.25 SF/Yr
      23,500 SF

      Retail Space in Gold Country

      Centrally located retail space in Placerville, easily accessible from Highway 50.
      3041 Forni Road, Placerville, CA, 95667
      View Details
    • $2 SF/Yr
      2,711 SF

      Placerville Retail/Medical Space Available

      2,711 SF space ideal for medical or retail users.
      4330 Golden Center Dr, Placerville, CA
      View Details
    • Contact for pricing
      1 SF

      Anchored Center Freeway Visible Site

      Rite Aid & Big Lots anchored shopping center for lease.
      31 Fair Lane, Placerville, CA 95667
      View Details
    • $60 SF/Yr
      21,116 SF

      Industrial Space with Office/Showroom

      21,116 SF industrial space with office/showroom for lease.
      2850 Cold Springs Rd, Placerville, CA
      View Details
    • Contact for pricing
      18,984 SF

      Retail Property in Placerville

      Retail property centrally located between Sacramento and South Lake Tahoe.
      1220 Broadway, Placerville, CA, 95667
      View Details
    • $1.25 SF/Yr
      2,200 SF

      Retail Space in Placerville, CA

      Retail space available for lease in Placerville, California.
      2849-2885 Ray Lawyer Dr, Placerville, CA
      View Details
    • $1.00 SF/Yr
      4,000 SF

      Retail Space on Placerville Drive

      Retail space available after 9/1/2024 off Placerville Dr.
      259 Placerville Dr, Placerville, CA
      View Details
    • $0.89 SF/Yr
      5,020 SF

      Retail Space on Broadway

      Retail space available for lease in Placerville, California.
      1319-1353 Broadway, Placerville, CA
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Placerville Center

      Retail space available in neighborhood center anchored by Grocery Outlet.
      55 Fair Ln, Placerville, CA
      View Details
    • Contact for pricing
      1,240 SF

      Retail Space in Missouri Flat

      High-visibility retail space in a busy Placerville shopping center.
      3987 Missouri Flat Rd, Placerville, CA
      View Details
    • $1.50 SF/Yr
      4,000 SF

      Retail Space in Placerville

      Retail space available for lease in Placerville, California.
      512 Main St, Placerville, CA
      View Details

    FAQs

    What type of property is this?
    Retail space - High-traffic retail space near Highway 50 and major retailers.
    Where is this retail space located?
    The property is located at 2855 Ray Lawyer Dr Placerville, CA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Strategic location directly across from Raley's supermarket and Regal Cinema, ensuring high foot traffic.; Quick and easy freeway access via close proximity to Highway 50.; High traffic counts of 41,869 ADT at Placerville Dr & El Dorado FWY.
    (888) 584-9427 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chase Burke
    Chase Burke
    Real Estate License ID: CA 01879336
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2855 Ray Lawyer Dr, Placerville, CA 95667
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!