19920 US 50 Hwy
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19920 US 50 Hwy
5.25 Acres of Commercial Land Offered at £1,056,308 in Echo Lake, CA 95721
Investment Highlights
- Corner lot, with lots of frontage off US Hwy 50.
- Zoned for commercial use.
Executive Summary
This property presents a rare opportunity to acquire ±5.25 commercial
acres of frontage land along Highway 50 in Twin Bridges, CA. All
options to acquire the property are available including purchase,
ground lease, or build-to-suit. The property is located 12 miles west
of South Lake Tahoe at the SWC of Hwy 50 and Sierra at Tahoe Road.
The area is well positioned to fill a hole that doesn’t yet have
commercial services for the many travelers, outdoor enthusiasts, and
residents heading to or from South Lake Tahoe. The zoning permits
a wide range of commercial uses, specifically Hotel, QSR with drivethru, fueling stations, and even cannabis dispensaries. The existing
billboard on west end of property not included in the sale.
acres of frontage land along Highway 50 in Twin Bridges, CA. All
options to acquire the property are available including purchase,
ground lease, or build-to-suit. The property is located 12 miles west
of South Lake Tahoe at the SWC of Hwy 50 and Sierra at Tahoe Road.
The area is well positioned to fill a hole that doesn’t yet have
commercial services for the many travelers, outdoor enthusiasts, and
residents heading to or from South Lake Tahoe. The zoning permits
a wide range of commercial uses, specifically Hotel, QSR with drivethru, fueling stations, and even cannabis dispensaries. The existing
billboard on west end of property not included in the sale.
Property Facts
Price | £1,056,308 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | |
No. Lots | 1 | Total Lot Size | 5.25 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Price | £1,056,308 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 5.25 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Price | £1,056,308 | Lot Size | 5.25 AC |
Price Per AC | £201,201 |
Price | £1,056,308 |
Price Per AC | £201,201 |
Lot Size | 5.25 AC |
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PROPERTY TAXES
Parcel Number | 037-180-001-000 | Improvements Assessment | £2,951 |
Land Assessment | £106,683 | Total Assessment | £109,634 |
PROPERTY TAXES
Parcel Number
037-180-001-000
Land Assessment
£106,683
Improvements Assessment
£2,951
Total Assessment
£109,634
zoning
Zoning Code | CC |
CC |
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19920 US 50 Hwy
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