Plumas Bank | 32 E Central Ave
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Plumas Bank 32 E Central Ave
6,432 SF Retail Building Quincy, CA 95971 £1,826,691 (£284/SF) 6.75% Net Initial Yield
Investment Highlights
- Consistent growth of company financials (Revenue, Deposits, Net Income Etc.)
- Passive, long term real estate investment
- These assets can be purchased together or individually, creating a very manageable price point for investors and diversification
- Plumas Bank plans to occupy these sites for a long time, as they are necessary for their business
- Short drive from Lake Tahoe, Reno, Nevada and Sacramento
Executive Summary
Plumas Bank is a Publicly traded on the NASDAQ under the ticker symbol (NASDAQ: PLBC)
The stock has seen significant appreciation in the last 5-years, with a compound annual growth rate of roughly 14.5%
Established in 1980, Plumas is a community oriented bank that offers tailored solutions to it’s clients. This is what differentiates itself from larger financial institutions. They serve local economies, primarily serving markets in northern California and northern Nevada
Plumas Bank is consistently ranked as one of the best community banks in the country, and has been recognized by Raymond James Bankers Cup, American Banker’s Top-Performing Community Banks and many other publications
The stock has seen significant appreciation in the last 5-years, with a compound annual growth rate of roughly 14.5%
Established in 1980, Plumas is a community oriented bank that offers tailored solutions to it’s clients. This is what differentiates itself from larger financial institutions. They serve local economies, primarily serving markets in northern California and northern Nevada
Plumas Bank is consistently ranked as one of the best community banks in the country, and has been recognized by Raymond James Bankers Cup, American Banker’s Top-Performing Community Banks and many other publications
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
6,432 SF
Building Class
B
Year Built
2002
Price
£1,826,691
Price Per SF
£284
Net Initial Yield
6.75%
NOI
£123,302
Tenancy
Single
Number of Floors
1
Building FAR
0.35
Lot Size
0.42 AC
Zoning
C-2
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 115-155-010-000 | Improvements Assessment | £325,277 |
Land Assessment | £44,174 | Total Assessment | £369,451 |
PROPERTY TAXES
Parcel Number
115-155-010-000
Land Assessment
£44,174
Improvements Assessment
£325,277
Total Assessment
£369,451
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Plumas Bank | 32 E Central Ave
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