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Property profile & analytics
OFF-MARKET Estimated value $2,070,000
Retail space

681 Main St Placerville, CA 95667-5736

42,698 SF 0.87 ac lot Built 1955
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US09-1808432
Property summary
AI-generated overview

This exceptional two-story, 42,698 square foot office building, situated on a 0.87-acre lot (37,897 sq ft) in the heart of Placerville's Main Street submarket, presents a unique investment opportunity. Built in 1955 and renovated in 2017, the Class C property boasts a 7.6 FAR and offers diverse space options, ranging from 784 square feet to a maximum contiguous 3,748 square feet. Currently, there are 3,748 square feet of vacant space available for lease. The building features 42698 total suites, 62 on-site parking spaces, and elevators. Its central location provides easy access to Highway 50, the courthouse, and numerous downtown amenities. The zoning is CG. The property includes a variety of existing tenants, including medical offices (Marshall Medical), retail spaces, and traditional office suites. The high ceilings (22 feet) and flexible floor plans cater to a wide range of businesses. The property's APN is 002-181-010-000, and its cross street is Locust Ave. This prime location and versatile space make it an ideal investment for both established businesses and new ventures.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction TILT-UP CONCRETE
Total area 42,698 SF
Lot 0.87 ac (37,897 SF)
Zoning code CG
APN 002-181-010-000
UPID US09-1808432
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
$1.89M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.07M
Owner & transaction history
Robert Thomas Relles · 4 yrs held
Robert Thomas Relles
since 2022
Last sale
$2.2M
7 recorded transactions
2022
Price N/A
2016
Price N/A
2016
$2.2M
1994
Price N/A
1977
Price N/A
1975
Price N/A
1969
Price N/A
Zoning & alternative use
CG · Placerville, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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