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Property profile & analytics
OFF-MARKET Estimated value $2,795,000
Retail space

3041 Forni Rd Placerville, CA 95667-5345

22,739 SF 3.78 ac lot
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US09-4830080
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 22,739 SF
Lot 3.78 ac (164,656 SF)
APN 325-310-087-000
UPID US09-4830080
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
$3.72M
Blend (final) Blend
$2.80M
Owner & transaction history
Emile L Khoury · 3 yrs held
Emile L Khoury
since 2022
4 recorded transactions
2022
Price N/A
2016
Price N/A
2006
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $4.4M +55.4%
Commercial (general) $4.1M +47.7%
Office building $4.1M +45.7%
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