137 Placerville Dr Placerville, CA 95667-3909
This exceptional investment opportunity presents a fully leased 9,400 square foot retail/industrial building situated on the prime retail corridor of Placerville Drive in Placerville, California. The property sits on a 0.53-acre lot and offers a compelling blend of stable tenancy and strong cash flow, making it ideal for investors seeking a low-maintenance, high-return asset. Currently 100% occupied, the building boasts a diverse mix of national and local credit tenants, ensuring consistent income generation. The modified gross leases structure the operating expenses to be proportionally shared by the tenants, minimizing the owner's operational burden. This translates to a highly attractive 7.0% capitalization rate on the asking price of $1,650,900. The property's location on a busy retail thoroughfare ensures high visibility and accessibility, further enhancing its investment appeal. This is a turnkey investment opportunity with a proven track record of stable occupancy and strong tenant relationships, providing a secure and profitable addition to any investment portfolio. The property's size and tenant mix offer a balanced approach to risk and reward, making it an attractive option for both seasoned and emerging investors in the commercial real estate market. The current lease agreements provide a solid foundation for long-term financial stability and predictable income streams. This is a rare opportunity to acquire a well-managed, high-performing asset in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Placerville, CAPlacerville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.