1351 BroadwayPlacerville, CA 95667

Property Details for 1351 Broadway

Year built

1963

Construction

TILT-UP CONCRETE

Lot size

2.14 AC

Property size (Sq ft)

28,566 SF

Zone code

C

Property type

Retail properties

Property subtype

Retail space

APN

002-251-018-000

APU

2251018000

Description

This exceptional Placerville, CA property, located at 1351 Broadway (APN 002-251-018-000), offers 28,556 square feet of retail and office warehouse space in a thriving retail environment. The property boasts a highly visible location off Highway 50, benefiting from significant traffic flow and proximity to established national retailers such as Harbor Freight, Dollar Tree, and McDonald's. Tenants can choose from multiple suites, with available spaces ranging from a minimum of 4,381 square feet to a maximum contiguous space of 9,920 square feet. Currently, 14,301 square feet are vacant, presenting a unique opportunity for businesses seeking high-visibility locations. The property features a total of 10 suites across a 93,218 square foot lot and abundant parking. The C-zoned property provides a versatile space suitable for various retail and office configurations. This prime location, combined with ample parking and prominent highway signage opportunities, makes it an ideal choice for businesses seeking growth and increased visibility in a bustling commercial corridor. The property's strategic placement ensures strong foot traffic and easy access for customers. This is a rare opportunity to secure space in a well-established retail center with excellent visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $6,598,526

  6.5%

  $6,090,948

  7%

  $5,655,880

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,902,517

  Geo Method

  $10,278,207

• Alternative Use

  Use

  Valuation

  Residential

  $5,137,942

  Hospitality

  $4,706,328

  Educational

  $3,915,609

  Medical

  $4,050,273

  Retail

  $6,090,948

Location Insight

City

Placerville

County

El Dorado

State

California

Latitude

38.7323

Longitude

-120.782

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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