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Property profile & analytics
FOR LEASE
Grocery and convenience stores
11290 Donner Pass Rd Truckee, CA 96161
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2988813
For Lease
1 / 2
Contact for pricing
11290 Donner Pass Rd, Truckee, CA 96161
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1990
Total area
40,526 SF
Lot
5.41 ac (235,659 SF)
Zoning code
C
APN
018-570-064-000
UPID
US09-2988813
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
-
Safeway Grocery & Convenience Store Food Market
-
Tesla Supercharger Electric Vehicle Charging Station
-
Antara Shergill-Hirsh, RPH Pharmacy
-
Starbucks Cafe & Coffee Shop
-
Antoinette E. Oberriter, PHARMD Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.10M
Blend (final)
Blend
$7.41M
Owner & transaction history
Gateway At Donner Pass LP · 7 yrs held
Gateway At Donner Pass LP
since 2019
5 recorded transactions
Zoning & alternative use
C · Truckee, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.1M
+85.8%
Commercial (general)
$8.1M
+34.4%
Industrial (general)
$7.7M
+29.3%
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 Truckee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Truckee 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$5,985,000
Current use
RESTAURANT
$11,125,000
Change: +86% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,050,000
Change: +34% · Conversion: Easy
INDUSTRIAL (GENERAL)
$7,740,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$7.41M
Range $6.66M – $8.15M · ±10%
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
$183 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$165,457
Tax year 2024
Assessed value
$13,632,296
Assessed 2024
Previous assessed
$13,632,296
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$3,789,482
Assessed improvement
$9,842,814
Applied tax rate
3.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
1990
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
40,526 SF
Lot
5.41 ac (235,659 SF)
Zoning code
C
APN
018-570-064-000
UPID
US09-2988813
Jurisdiction
NEVADA
Zoning & alternative use
C · Truckee, CAZoning C · permitted uses
C · Truckee, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.0M
RESTAURANT
Est. value
$11.1M
COMMERCIAL (GENERAL)
Est. value
$8.1M
INDUSTRIAL (GENERAL)
Est. value
$7.7M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
4
Lot
5.41 ac
Current owner
From public records · entity-resolved
Gateway At Donner Pass LP
Entity
Free & Clear · 7 yrs held
Mailing address
500 N BROADWAY STE #201, JERICHO, NY 11753-2122
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2019
$13,505,500
Gateway At Donner Pass LP
Safeway INC
Grant Deed
—
Feb 28, 2018
—
Safeway INC
—
Loan Modification
related
—
Jun 29, 1990
$1,500,000
Safeway INC
Unknown
Grant Deed
—
—
—
Safeway INC
—
Deed Of Trust
related
—
—
—
Safeway INC
—
Deed Of Trust
related
$1,145,000,000 · Wilmington Trust (ct)
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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