6584 Ridgeway DrPollock Pines, CA 95726

Property Details for 6584 Ridgeway Dr

Year built

1969

Construction

WOOD

Lot size

0.36 AC

Property size (Sq ft)

1,476 SF

Zone code

C

Property type

Office properties

Property subtype

Office buildings

APN

009-193-019-000

APU

9193019000

Description

This exceptional freestanding creative office building, situated on approximately 0.36 acres, presents a unique investment opportunity in Pollock Pines, California. Located at 6584 Ridgeway Dr, this property boasts prominent monument signage directly adjacent to Highway 50, ensuring high visibility and accessibility. The building, constructed in 1969, offers a total of 1,476 square feet of usable space, currently vacant and ready for immediate occupancy. The asking price is $375,000, translating to $254.07 per square foot. The two-story structure provides ample room for a variety of creative office uses. Its prime location near Highway 50 offers convenient access for employees and clients alike. The property's size and location make it ideal for a business seeking a high-profile presence in the Pollock Pines area. This is a rare opportunity to acquire a well-positioned, freestanding building in a desirable location. The property is zoned for commercial use and is ready for immediate development or occupancy. The 95726 zip code offers a strong local market. This property is perfect for a business looking to establish a strong presence in the area. The building's age presents an opportunity for renovation and customization to meet specific business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $231,935

  6.5%

  $214,094

  7%

  $198,802

• Comparable approach

  Method

  Valuation

  Relative Method

  $203,040

  Geo Method

  $210,743

• Alternative Use

  Use

  Valuation

  Residential

  $265,477

  Hospitality

  $243,175

  Educational

  $202,319

  Medical

  $209,277

  Retail

  $314,718

Location Insight

City

Pollock Pines

County

El Dorado

State

California

Latitude

38.7605

Longitude

-120.575

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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