601 Main St Placerville, CA 95667
- Office buildings
- 4,752 SF
- 0.17 lot acres
Current Use by Public Records
- Office buildings
Property Details for 601 Main St
- Year built
- 1973
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 4,752 SF
- Zone code
- CG
- Property type
- Office buildings
- APN
- 002-153-003-000
- APU
- 2153003000
Description
This exceptional executive office building, located at 601 Main Street in the heart of historic Placerville, California, presents a unique investment opportunity. The 4,752 square foot building, constructed in 1973, sits on a 0.17-acre lot (APN 002-153-003-000) and boasts 3,552 square feet of net rentable space. Zoned for the Central Business District (CBD), this single-story property offers unparalleled visibility and accessibility. Its prime location next to the Ivy House and ample public parking ensures high traffic and convenient access for tenants and clients. The building is ideally suited for an owner-user seeking approximately 3,552 square feet of fully updated office space, or for an investor looking for a low-maintenance asset with a history of full occupancy. The asking price is $995,000, translating to $209 per square foot. The property benefits from its proximity to numerous restaurants, services, and amenities, including the County Courthouse, all within walking distance. Easy access to Highway 50 further enhances its appeal. Monument signage is available, and plentiful parking, including up to two hours of free parking, is a significant advantage. This is a rare chance to acquire a highly visible and influential property in a well-established, historic area of Placerville.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $315,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $310,000
- Mixed-Use
- $340,000
- Hospitality
- $335,000
- Educational
- $280,000
- Residential Income
- $370,000
- Energy
- $330,000
- Income-Based Land
- $280,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Placerville
- County
- El Dorado
- State
- California
- Longitude
- -120.796
- Latitude
- 38.7293
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA