Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,000,000
Turn key restaurants
1001 Heavenly Vlg Way South Lake Tahoe, CA 96150-7068
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-3613419
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2002
Construction
WOOD
Total area
4,114 SF
Lot
0.01 ac (459 SF)
Zoning code
GC
APN
029-510-001-000
UPID
US09-3613419
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
All About Tahoe - Diamond Resorts Hotel & Motel
-
High Chaparral Western Wear (Bike/Boat/Book/etc) Store
-
Earthbound Trading Co. Clothing Store Fashion Accessories Store
-
Sealed With A Kiss Clothing & Fashion Store
-
Up Shirt Creek Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.00M
Owner & transaction history
3lb LLC · 3 yrs held
3lb LLC
since 2022
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
GC · South Lake Tahoe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs South Lake Tahoe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Lake Tahoe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,810,000
ML approach
$2,590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±10% · vs last sale $3.30M (Sep 20 2022)
Last sale anchor
$3.30M
Sep 20 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$729 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$40,022
Tax year 2023
Assessed value
$3,438,607
Assessed 2023
Previous assessed
$3,438,607
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$630,000
Assessed improvement
$2,808,607
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
NONE
Units
1
Bathrooms
1
Total area
4,114 SF
Lot
0.01 ac (459 SF)
Zoning code
GC
APN
029-510-001-000
UPID
US09-3613419
Jurisdiction
EL DORADO
Zoning & alternative use
GC · South Lake Tahoe, CA
Zoning GC · permitted uses
GC · South Lake Tahoe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Lake Tahoe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
WOOD
Heating
NONE
Units
1
Bathrooms
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
3lb LLC
Entity
Mailing address
1001 HEAVENLY VLG WAY STE #26, SOUTH LAKE TAHOE, CA 96150-6985
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2022
$3,300,000
3lb LLC
Neil B Goodhue
Grant Deed
$2,970,000 · Calprivate Bank
Sep 20, 2022
—
Neil B Goodhue
Neil B Goodhue
Intrafamily Transfer
related
—
Aug 20, 2019
—
Tsi Invs LLC
Trans-sierra Investments INC
Correction Deed
related
—
Feb 14, 2006
$312,500
Rockwell,bradley B & Mary E
Heavenly Resort Properties LLC
Grant Deed
related
$234,375 · Nexstar Fndg
Oct 5, 2005
$2,057,000
Neil B Goodhue
Trans Sierra Investments INC
Grant Deed
$1,057,000 · First Republic Bank
Jun 16, 2005
—
Owings,arthur J & D R Trust
—
Trustees Deed
related
$127,000 · Nexstar Fndg
Aug 27, 2004
—
Coffey,jason & Staci
—
Trustees Deed
related
$125,150 · Nexstar Fndg
Jul 21, 2004
—
Benjamin D Levy
Levy,melissa K
Quit Claim Deed
related
$136,100 · Nextstar Funding INC
Jul 21, 2004
$117,500
Neil A Miller
Heavenly Resort Properties LLC
Grant Deed
related
$88,100 · Nextstar Funding INC
Jun 30, 2004
—
Kutsch Construction INC
—
Trustees Deed
related
$135,000 · Nextstar Funding INC
Jun 25, 2004
—
Trans-sierra Investments INC
—
Grant Deed
related
$19,000,000 · Owens Mortgage Investment Fund
Jun 10, 2004
$190,000
Mrdjen Family Trust
Heavenly Resort Properties LLC
Grant Deed
related
$142,400 · Nextstar Funding INC
Mar 12, 2004
—
David Vanderveer
—
Trustees Deed
related
$234,500 · Nextstar Funding INC
Mar 12, 2004
$311,000
Hehmeyer 1990 Family Trust
Heavenly Resort Properties LLC
Grant Deed
related
$233,250 · Nextstar Funding INC
Feb 11, 2004
—
Steven E Anderson
—
Trustees Deed
related
$143,000 · Nexstar Funding INC
—
—
Tsi Investments LLC
—
Deed Of Trust
related
$22,400,000 · Column Fin'l
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1001 Heavenly Vlg Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
