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Property profile & analytics
OFF-MARKET
Turn key restaurants

1768 Pleasant Vly Rd 72 Placerville, CA 95667-9110

4,394 SF 0.59 ac lot Built 1963
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US09-2945423
Property summary
AI-generated overview

This exceptional Placerville, CA property presents a unique investment opportunity. The 4,394 square foot building, situated on a 0.59-acre lot at 1768 Pleasant Valley Road, currently houses a thriving restaurant and a separate bar, operating under a triple-net lease. The recently remodeled building boasts both interior and exterior updates, ensuring a modern and attractive space for patrons. The restaurant, known as "The Little Italian Place," and the adjacent bar offer a combined dining and entertainment experience. The bar features a spacious lounge area, a wraparound bar, and an entertainment stage, creating a versatile venue for various events. This turnkey operation is ideal for investors seeking a stable, high-return investment with established tenants. The property's prime location in Placerville ensures high visibility and accessibility, contributing to the ongoing success of the businesses. The triple-net lease structure minimizes landlord responsibilities, making this a low-maintenance investment with significant potential for long-term growth and profitability. This is a rare chance to acquire a well-established and profitable commercial property in a desirable location. The asking price is $1,100,000. Serious inquiries only.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1963
Construction TILT-UP CONCRETE
Total area 4,394 SF
Lot 0.59 ac (25,700 SF)
Zoning code U
APN 098-160-026-000
UPID US09-2945423
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Michael J Mcdermott · 3 yrs held
Michael J Mcdermott
since 2023
Last sale
$340,000
7 recorded transactions
2023
Price N/A
2020
Price N/A
2020
$340,000
2008
$489,500
2005
Price N/A
2003
$303,000
2003
Price N/A
Zoning & alternative use
U · Placerville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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