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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Office buildings
1156 Ski Run Blvd South Lake Tahoe, CA 96150-8884
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2617578
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
WOOD
Total area
3,564 SF
Lot
0.23 ac (10,018 SF)
Zoning code
TC
APN
027-312-029-000
UPID
US10-2617578
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
-
Blessed Hands Barber Shop
-
Dyani Ink Cosmetic Tattoo Medical Clinic Skin Care Clinic
-
Mabee Ink Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$568k
Blend (final)
Blend
$565k
Owner & transaction history
Americana Vacation Club · 5 yrs held
Americana Vacation Club
since 2020
7 recorded transactions
Zoning & alternative use
TC · South Lake Tahoe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$890,000
+38.9%
Medical building
$685,000
+6.7%
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
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
OFFICE BUILDING
$640,000
Current use
RETAIL STORES
$890,000
Change: +39% · Conversion: Moderate
MEDICAL BUILDING
$685,000
Change: +7% · Conversion: Easy
WAREHOUSE, STORAGE
$615,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$159 / 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
$7,615
Tax year 2023
Assessed value
$693,100
Assessed 2023
Previous assessed
$693,100
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$202,152
Assessed improvement
$490,948
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Bathrooms
2
Total area
3,564 SF
Lot
0.23 ac (10,018 SF)
Zoning code
TC
APN
027-312-029-000
UPID
US10-2617578
Jurisdiction
EL DORADO
Zoning & alternative use
TC · South Lake Tahoe, CA
Zoning TC · permitted uses
TC · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$640,000
RETAIL STORES
Est. value
$890,000
MEDICAL BUILDING
Est. value
$685,000
WAREHOUSE, STORAGE
Est. value
$615,000
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1973
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Americana Vacation Club
Individual
Free & Clear · 5 yrs held
Mailing address
1190 GLENWOOD WAY, SOUTH LAKE TAHOE, CA 96150-8421
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2020
—
Americana Vacation Club
Tom K Tjung
Quit Claim Deed
related
—
Apr 6, 2020
—
Stardust Vacation Club
Kathrine Orr
Quit Claim Deed
related
—
Oct 30, 2019
—
Americana Vacation Club
Isaiah C Weiner
Quit Claim Deed
related
—
Jan 3, 2018
—
Mccarthy,edward J Trust 1993
—
Deed
related
$200,000 · Kurtzman Family Trust (pt)
Sep 18, 2013
—
Mccarthy,edward J 1993 Trust
Mccarthy Edward J 1993 Trust
Quit Claim Deed
related
$200,000 · Olin Bill & Lori Trust (pt)
Aug 11, 2008
$837,500
Mccarthy,edward J 1993 Trust
Suh,sungho & Hyosook
Grant Deed
$200,000 · Sungho & Hyosook Suh
Aug 11, 2008
—
Mccarthy,edward J 1993 Trust
Mccarthy,juthamas K
Quit Claim Deed
related
—
Nov 17, 2006
$615,000
Suh,sungho & Hyosook
Lake Tahoe Visitors Authority
Grant Deed
—
Jun 10, 1988
$297,500
Tahoe Visitors Lake
Unknown
Grant Deed
—
May 15, 1978
$98,000
—
—
Grant Deed
related
—
—
—
Mccarthy,edward J Trust 1993
—
Deed Of Trust
related
$200,000 · Kurtzman Family Trust (pt)
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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