3668 Lake Tahoe BlvdSouth Lake Tahoe, CA 96150
- Retail properties
- 19,631 SF
Property Details for 3668 Lake Tahoe Blvd
- Lot size
- 1.72 AC
- Property size (Sq ft)
- 19,631 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 027-071-031-000
- APU
- 27071031000
Description
This exceptional 884 square foot retail space, located within the 19,631 square foot Ski Run Center, presents a unique opportunity in South Lake Tahoe, CA. Situated at 3668 Lake Tahoe Blvd, zip code 96150, this Class B property boasts a prime location at the corner of Ski Run Boulevard and Lake Tahoe Boulevard, offering unparalleled visibility and accessibility. Built in 2008, the building benefits from high pedestrian and vehicular traffic, drawing both locals and tourists. The strategic location directly across from the new Whole Foods Shopping Center and Ski Run Marina ensures consistent foot traffic and brand exposure. The property is zoned SLT and sits on 1.72 acres of land. This single-tenancy retail space, part of a larger retail and restaurant center, is ideal for a variety of businesses seeking a vibrant and high-traffic location in the heart of South Lake Tahoe. The property's convenient access to Heavenly Ski Resort and Ski Run Marina further enhances its appeal. This is a rare opportunity to establish a thriving business in a sought-after location. The available space is part of a larger building, offering potential for synergy and shared amenities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,758,758
- 6.5%
- $5,315,776
- 7%
- $4,936,078
-
Comparable approach
- Method
- Valuation
- Relative Method
- $11,328,163
- Geo Method
- $11,328,163
-
Alternative Use
- Use
- Valuation
- Residential
- $4,484,056
- Hospitality
- $4,107,372
- Educational
- $3,417,285
- Medical
- $3,534,810
- Retail
- $5,315,776
Location Insight
- City
- South Lake Tahoe
- County
- El Dorado
- State
- California
- Latitude
- 38.9484
- Longitude
- -119.957
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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