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19920 US 50 Hwy 5.25 Acres of Commercial Land Offered at $1,866,375 CAD in Echo Lake, CA 95721

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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.

PROPERTY FACTS

Price $1,866,375 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hospitality
  • Service Station
Total Lot Size 5.25 AC
Opportunity Zone Yes
Zoning CC

1 LOT AVAILABLE

Lot

Price $1,866,375 CAD
Price Per AC $355,500.01 CAD
Lot Size 5.25 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
037-180-001-000
Land Assessment
$191,396 CAD
Improvements Assessment
$5,294 CAD
Total Assessment
$196,689 CAD
  • Listing ID: 25819958

  • Date on Market: 2022-05-31

  • Last Updated:

  • Address: 19920 US 50 Hwy, Echo Lake, CA 95721

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