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Property profile & analytics
OFF-MARKET Estimated value $1,080,000
Retail space

455 Placerville Dr Placerville, CA 95667-4047

3,588 SF 1.45 ac lot Built 1955
Individually Owned 2-yr Hold Free & Clear
Property ID
US09-0186502
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction TILT-UP CONCRETE
Total area 3,588 SF
Lot 1.45 ac (63,162 SF)
APN 323-400-004-000
UPID US09-0186502
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
$1.10M
CAP Approach CAP
$785k
Comparable Approach Comparable
$671k
Blend (final) Blend
$1.08M
Owner & transaction history
David Richard Warwick · 2 yrs held
David Richard Warwick
since 2023
Last sale
$1.1M
7 recorded transactions
2023
Price N/A
2012
Price N/A
2004
$1.1M
1998
Price N/A
1995
Price N/A
1990
$420,000
1990
$76,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $690,000 +55.4%
Commercial (general) $655,000 +47.7%
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