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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Office buildings
550 Main St Placerville, CA 95667-5643
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US09-0740736
Property summary
AI-generated overview
This exceptional two-story Class C office building, located at 550 Main St, Placerville, CA 95667, offers a variety of flexible executive office spaces for lease. Situated on a 1.06-acre lot, the building totals 17,120 square feet, with 8,499 square feet currently vacant. The property is ideal for businesses seeking multiple suites, ranging from a minimum of 177 square feet to a maximum contiguous space of 5,205 square feet. Nine individual spaces are currently available. Built in 1982, this property provides a convenient location in El Dorado County, offering easy access to local amenities and transportation. The building's design allows for efficient use of space, catering to a variety of business needs. This is a fantastic opportunity to establish or expand your business in a thriving community. The property's central location and ample space make it an attractive option for companies of all sizes. Inquire today to learn more about leasing options and explore the possibilities this prime Placerville location offers. The property is zoned for office use.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
TILT-UP CONCRETE
Total area
17,120 SF
Lot
1.06 ac (46,173 SF)
Zoning code
C
APN
003-141-021-000
UPID
US09-0740736
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
$712k
Blend (final)
Blend
$940k
Owner & transaction history
Caso,lawrence A · 19 yrs held
Caso,lawrence A
since 2007
7 recorded transactions
Zoning & alternative use
C · Placerville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Placerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Placerville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$55 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,110
Tax year 2023
Assessed value
$926,684
Assessed 2023
Previous assessed
$926,684
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$112,999
Assessed improvement
$813,685
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
12
Bathrooms
4
Total area
17,120 SF
Lot
1.06 ac (46,173 SF)
Zoning code
C
APN
003-141-021-000
UPID
US09-0740736
Jurisdiction
EL DORADO
Zoning & alternative use
C · Placerville, CA
Zoning C · permitted uses
C · Placerville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Placerville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
12
Bathrooms
4
Lot
1.06 ac
Current owner
From public records · entity-resolved
Caso,lawrence A
Individual
Mailing address
9350 PO BOX 1018TH RD, PLACERVILLE, CA 95667-1018
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2020
—
Lawrence Caso
—
Deed
related
$835,000 · Us Bank NA
Apr 5, 2007
—
Caso,lawrence A
Caso Trust
Quit Claim Deed
related
—
Mar 12, 1999
$615,000
Caso Trust
Levin & Menzies INC
Grant Deed
related
$415,000 · Levin & Menzies Income Fund LP
Sep 12, 1995
$960,132
Levin & Menzies INC
Delao,claude J & Sharon M
Trustees Deed
—
Dec 30, 1994
—
Carpenter Trust
Carpenter,john L & Normadene N
Quit Claim Deed
related
—
Jul 16, 1993
$488,000
Claude J De Lao
Levin & Menzies
Grant Deed
related
$825,000 · Levin & Menzies
Dec 6, 1990
—
Levin
—
Deed Of Trust
related
—
May 9, 1990
$685,000
Levin
Kestell,foster
Trustees Deed
$684,976
Jan 23, 1989
—
Candice Kestell
John,a Belegrin
Quit Claim Deed
related
—
—
—
Levin & Menzies INC
—
Deed Of Trust
related
$290,000 · Individual
—
—
Levin
—
Deed Of Trust
related
$500,000 · Golden Gate Bank
—
—
Caso,tr
—
Deed Of Trust
related
$610,000 · Western Sierra National Bank
—
—
Caso Trust
—
Loan Modification
related
$800,000 · Western Sierra Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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