For Sale
$1,350,000

19920 Us Hwy Phillips, CA 95721

Prime Tahoe location, 5.25 acres.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 5.25-acre commercial land parcel presents a unique investment opportunity in Twin Bridges, California, situated at the southwest corner of US Highway 50 and Sierra at Tahoe Road. Located just 12 miles west of South Lake Tahoe, this property boasts a highly desirable location with exceptional visibility and accessibility for businesses catering to the significant tourist traffic and local residents. The property is zoned Community Commercial (CC), allowing for a diverse range of commercial uses, including hotels, quick-service restaurants with drive-thrus, gas stations, and even cannabis dispensaries. This presents a rare chance to develop a business in a high-demand area currently lacking in commercial services. The site benefits from approximately 13,535 average daily traffic counts on Highway 50, translating to nearly five million vehicles annually. With over 15 million annual visitors to Lake Tahoe and year-round recreational activities such as skiing and beaches, this location offers consistent high traffic volume. The property's Assessed Parcel Number (APN) is 037-180-001-000. Flexible acquisition options are available, including outright purchase, ground lease, or build-to-suit arrangements. Note that an existing billboard on the west end of the property is not included in the sale. The asking price for this remarkable opportunity is $1,350,000. Sacramento is approximately a 1.5-hour drive.

Highlights

  • High-visibility corner lot at US Highway 50 and Sierra at Tahoe Road.
  • Purchase, ground lease, or build-to-suit options available.
  • APN: 037-180-001-000.
  • Community Commercial (CC) zoning.
  • 12 miles west of South Lake Tahoe.
  • 1.5-hour drive from Sacramento.

Property Details for 19920 Us Hwy

Property type
Land, Industrial properties
Lot Size (sq. ft)
228,690 SF

Location Insight

City
Phillips
County
El Dorado
State
California
Latitude
38.81913161
Longitude
-120.07621514

FAQs

What type of property is this?
Land - Prime Tahoe location, 5.25 acres.
Where is the land located?
The property is located at 19920 Us Hwy Phillips, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High-visibility corner lot at US Highway 50 and Sierra at Tahoe Road.; Purchase, ground lease, or build-to-suit options available.; APN: 037-180-001-000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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19920 Us Hwy
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