4875 Black Oak Mine RdGarden Valley, CA 95633

Property Details for 4875 Black Oak Mine Rd

Year built

1945

Construction

WOOD

Lot size

1.01 AC

Property size (Sq ft)

3,391 SF

Zone code

U

Property type

Retail space

APN

060-401-026-000

APU

60401026000

Description

This exceptional opportunity presents a well-established auto shop in Garden Valley, California, ideally situated on a 1.01-acre lot at 4875 Black Oak Mine Rd, 95633. The 3,391 square foot building, constructed in 1945 and renovated in 2010, sits on a single story and is zoned CP. The property boasts a unique history, originally incorporating a one-room schoolhouse, now seamlessly integrated into the current layout. The building includes offices, a showroom with a fireplace, a sales area, and additional bedrooms, bathrooms, and a kitchen, offering versatile live/work potential. The asking price for the property is $200,000. The property includes a fully equipped auto shop, a showroom, and a sales lot, providing ample space for various automotive services and sales. The location offers easy access to major highways (Hwy 80, 50, and 49), placing it conveniently between Sacramento and the Rubicon Trail. This presents a chance to capitalize on a steady clientele and potentially expand services, such as adding Jeep repair. The seller is open to creative financing options, including seller financing, and is willing to provide training to the right buyer. Detailed equipment lists, parts inventory, and vehicle inventory are available upon request after a property tour with the seller. This is a turnkey operation with significant growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $783,295

  6.5%

  $723,042

  7%

  $671,396

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,175,504

  Geo Method

  $1,220,101

• Alternative Use

  Use

  Valuation

  Residential

  $609,913

  Hospitality

  $558,677

  Educational

  $464,812

  Medical

  $480,798

  Retail

  $723,042

Location Insight

City

Garden Valley

County

El Dorado

State

California

Latitude

38.8584

Longitude

-120.848

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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