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    FOR SALE
    Bars & Pubs

    2080 Smith Flat Rd, Placerville, CA 95667

    4,562 SF 0.75 ac lot Built 1956
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US09-2247853
    Property summary
    AI-generated overview

    This exceptional commercial property in Placerville, CA, presents a unique investment opportunity. Located at 2080 Smith Flat Road, this 0.72-acre lot boasts three distinct buildings totaling approximately 4,642 square feet, offering versatile spaces ideal for various commercial uses. The property is zoned General Commercial (CG) and benefits from high visibility and traffic volume, with over 27,000 cars passing daily. Building 1, a former restaurant/bar (approx. 2,800 sq ft), features a hood system and grease trap, making it turnkey for a food and beverage establishment. Buildings 2 and 3 offer approximately 982 and 860 sq ft of retail/office space respectively. The complex enjoys prime location advantages, including immediate access to Highway 50, proximity to Apple Hill, and a location just five minutes from Apple Hill on historic Smith Flat Road. A new 106-room hotel is under development within a mile, further enhancing the area's appeal. The asking price is $500,000 ($107.71 per square foot) with a NNN lease type. The property is currently vacant, offering flexibility for potential buyers. This corner lot provides multiple entry and exit points, ensuring convenient access for customers and employees. The property's strategic location and versatile spaces make it an attractive investment for a variety of businesses.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1956
    Construction WOOD
    Total area 4,562 SF
    Lot 0.75 ac (32,670 SF)
    Zoning code C
    APN 048-330-023-000
    UPID US09-2247853
    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
    2080 Smith Flat Road LLC · 4 yrs held
    2080 Smith Flat Road LLC
    since 2021
    Last sale
    $160,000
    4 recorded transactions
    2021
    $160,000
    2008
    2000
    1983
    $95,000
    Zoning & alternative use
    C · Placerville, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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