Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    455 Placerville Dr Placerville, CA 95667-4047
    Back to Search
    Property profile & analytics

    455 Placerville Dr, Placerville, CA 95667-4047

    View on Map
    • Retail space
    • 3,588 SF
    • 1.45 lot acres
    Off-Market
    Last Sale Nov 21, 2023
    $1,100,000
    Property ID
    US09-0186502
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,080,000
    Show details
    Cap Rate Potential
    4.9%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 455 Placerville Dr

    Year built
    1955
    Construction
    TILT-UP CONCRETE
    Lot size
    1.45 lot acres
    Property type
    Retail space
    APN
    323-400-004-000
    APU
    323400004000

    Description

    This exceptional 8,000-square-foot commercial property, located at 455 Placerville Dr, Placerville, CA 95667 (APN 323-400-004-000), presents a unique investment opportunity. Currently zoned for commercial use, this single-story building offers adaptable space suitable for various businesses, including retail, traditional office, and medical office uses. The property boasts a flexible layout, encompassing office, warehouse, storage, and showroom areas, allowing for diverse configurations to meet specific operational needs. The building features a combination of flooring materials including carpet, vinyl, concrete slab, and other surfaces. Ample fenced, uncovered parking is available on-site, with potential for expansion to accommodate additional storage or fleet operations. Conveniently situated off Placerville Drive, near Home Depot, this location benefits from excellent visibility and accessibility. The property enjoys proximity to public transportation, restaurants, shopping, hotels/motels, and freeways, enhancing its appeal and operational efficiency. The current tenant will vacate by July 31, 2024, opening up possibilities for immediate occupancy or lease. The City of Placerville has confirmed that manufacturing is not permitted on the premises. Previous use as a Snowline Hospice donation/retail facility highlights the building's versatility. The asking price is $1,250,000. Buyers are responsible for verifying building square footage and dimensions. This prime location offers significant potential for a variety of businesses, including self-storage, moving companies, RV sales, distribution centers, or showrooms. Don't miss this chance to acquire a well-positioned commercial property at a compelling price.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,035,000
      ML approach
      $1,095,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $850,000
      6.5%
      $785,000
      7%
      $730,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $671,000
      Market price range: $258k - $671k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $690,000
      COMMERCIAL (GENERAL)
      $655,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Placerville
    County
    El Dorado
    State
    California
    Longitude
    -120.831
    Latitude
    38.7336
    CBSA code
    40900
    CBSA name
    SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,075
    $400,000
    $432,000
    $832,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $580,000
      3,664 SF

      3964 Missouri Flt Rd

      RETAIL STORES (PERSONAL SERVICES)
      3964 Missouri Flt Rd, Placerville, CA 95667-5238
      View Details
    • Value Estimation
      $10,690,000
      97,000 SF

      600 Placerville Dr

      RETAIL STORES (PERSONAL SERVICES)
      600 Placerville Dr, Placerville, CA 95667-4215
      View Details
    • Value Estimation
      $990,000
      7,190 SF

      4350 Golden Ctr Dr, Unit 1

      RETAIL STORES (PERSONAL SERVICES)
      4350 Golden Ctr Dr, Placerville, CA 95667-6259
      View Details
    • Value Estimation
      $805,000
      5,512 SF

      4278 Golden Ctr Dr, Unit 100

      RETAIL STORES (PERSONAL SERVICES)
      4278 Golden Ctr Dr, Placerville, CA 95667-6291
      View Details
    • Value Estimation
      $890,000
      8,900 SF

      610 Main St

      RETAIL STORES (PERSONAL SERVICES)
      610 Main St, Placerville, CA 95667-5704
      View Details
    • Value Estimation
      $570,000
      4,000 SF

      3979 Missouri Flt Rdf

      RETAIL STORES (PERSONAL SERVICES)
      3979 Missouri Flt Rdf, Placerville, CA 95667-5261
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,520 SF

      Retail Building on Main Street

      2,520 SF retail building in downtown Placerville, CA.
      435 Main St, Placerville, CA 95667
      View Details
    • $1,600,000
      27,770 SF

      Placerville Office/Medical/Retail Building

      Largest office/medical/retail building in Placerville with ample parking.
      681 Main St, Placerville, CA 95667
      View Details
    • Contact for pricing
      21,614 SF

      1160 Broadway, Placerville, CA 95667

      Retail space
      1160 Broadway, Placerville, CA 95667
      View Details
    • Contact for pricing

      Commercial Property Near Apple Hill

      Retail and office spaces near wineries and bike trail.
      2080 Smith Flat Rd, Placerville, CA 95667
      View Details
    • Contact for pricing

      Safeway Anchored Shopping Center

      Prominent shopping center with strong co-tenants and high traffic.
      3963 Missouri Flat Rd, Placerville, CA 95667
      View Details
    • Contact for pricing
      5,087 SF

      Golden Center Drive Commercial Property

      Commercial property with high visibility and financing options available.
      4280 Golden Center Dr, Placerville, CA 95667
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      476 SF

      Retail Space on Broadway

      Retail space available for lease in Placerville, California.
      1319-1353 Broadway, Placerville, CA 95667
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Placerville

      Retail space available for lease in Placerville, California.
      512 Main St, Placerville, CA 95667
      View Details
    • Contact for pricing
      1,035 SF

      Retail Space in Placerville Center

      High-visibility retail space in a busy Placerville shopping center.
      3975 Missouri Flat Rd, Placerville, CA 95667
      View Details
    • Contact for pricing
      2,711 SF

      Placerville Retail/Medical Space Available

      2,711 SF space ideal for medical or retail users.
      4330 Golden Center Dr, Placerville, CA 95667
      View Details
    • Contact for pricing
      566 SF

      Retail Space in Placerville

      Retail space available for lease in Placerville, California.
      1166 Bdwy, Placerville, CA 95667
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in High-Traffic Center

      Retail space available in Placerville's Missouri Flat Village shopping center.
      3979 Missouri Flat Rd, Placerville, CA 95667
      View Details
    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.
    455 Placerville Dr
    Placerville, CA 95667-4047
    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
    455 Placerville 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!