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Plumas Bank 32 E Central Ave

6,432 SF Retail Building Quincy, CA 95971 $2,334,578 ($363/SF) 6.75% Cap Rate

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

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
6,432 SF
Building Class
B
Year Built
2002
Price
$2,334,578
Price Per SF
$363
Cap Rate
6.75%
NOI
$157,584
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.42 AC
Zoning
C-2

Nearby Major Retailers

Starbucks
Safeway
U.S. Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
115-155-010-000
Land Assessment
$56,307
Improvements Assessment
$414,619
Total Assessment
$470,926
  • Listing ID: 33661089

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 32 E Central Ave, Quincy, CA 95971

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