2230 Lake Tahoe BlvdSouth Lake Tahoe, CA 96150

  • Retail properties
  • 5,841 SF
For Lease
$12/SF/YR View listing

Property Details for 2230 Lake Tahoe Blvd

Year built
1954
Construction
TILT-UP CONCRETE
Lot size
0.25 AC
Property size (Sq ft)
5,841 SF
Zone code
GC
Property type
Retail properties
Property subtype
Retail space
APN
023-251-017-000
APU
23251017000

Description

This exceptional 5,812 square foot retail or special purpose property is situated on a 2.5-acre lot at 2230 Lake Tahoe Boulevard, boasting high visibility in the heart of South Lake Tahoe. The single-tenant building, constructed in 1954, is a stand-alone brick structure offering ample parking with over 10 spaces available. The property is zoned for General Commercial use and presents a unique opportunity for a variety of businesses. The entire 5,812 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property's location on Lake Tahoe Boulevard ensures significant foot traffic and exposure to a large customer base. With its convenient access and prominent positioning, this property is ideal for businesses seeking a high-profile location in a thriving tourist destination. The property's address is 2230 Lake Tahoe Blvd, South Lake Tahoe, CA, and its Assessor's Parcel Number (APN) is 023-251-017-000, located in El Dorado County. The single-story building offers a flexible layout adaptable to various commercial uses. This is a rare opportunity to acquire a substantial commercial property in a prime South Lake Tahoe location. The property's cross street is 2nd Street.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,713,458
    6.5%
    $1,581,654
    7%
    $1,468,679
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,370,577
    Geo Method
    $3,370,577
  • Alternative Use

    Use
    Valuation
    Residential
    $1,334,184
    Hospitality
    $1,222,106
    Educational
    $1,016,778
    Medical
    $1,051,746
    Retail
    $1,581,654
2230 Lake Tahoe Blvd, South Lake Tahoe, California

Location Insight

City
South Lake Tahoe
County
El Dorado
State
California
Latitude
38.918
Longitude
-119.997
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,357
$312,120
$519,159
$831,279
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