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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Retail residential properties
120 Country Clb Dr 18 Incline Village, NV 89451-9331
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0507536
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1974
Construction
WOOD
Total area
2,616 SF
Lot
0.1 ac (4,356 SF)
Zoning code
TA_IVT
APN
130-180-18
UPID
US62-0507536
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
-
Cool Mess Grocery & Convenience Store Specialty Food Shop
-
120 Country Club Dr High School
-
Tahoe Foreign Language Center Tutoring Service
-
Arnett & Associates, Inc. Land Surveyor
-
Clarke Broadcasting Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$855k
CAP Approach
CAP
$565k
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$825k
Owner & transaction history
Joyce Berger · 4 yrs held
Joyce Berger
since 2021
Last sale
$800,000
2 recorded transactions
Zoning & alternative use
TA_IVT · Incline Village, NV
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 Incline Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Incline Village 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
$840,000
ML approach
$855,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,185,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,130,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$825k
Range $743k – $908k · ±10% · vs last sale $800k (Aug 23 2021)
Last sale anchor
$800k
Aug 23 2021
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
$315 / 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
$3,165
Tax year 2023
Assessed value
$90,846
Assessed 2023
Previous assessed
$77,576
+17.1% YoY
Effective rate
3.48%
On assessed value
Assessed land
$50,050
Assessed improvement
$40,796
Land market value
$143,000
Improvement market value
$116,561
Total market value
$259,561
Applied tax rate
5,200.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Total area
2,616 SF
Lot
0.1 ac (4,356 SF)
Zoning code
TA_IVT
APN
130-180-18
UPID
US62-0507536
Jurisdiction
WASHOE
Zoning & alternative use
TA_IVT · Incline Village, NVZoning TA_IVT · permitted uses
TA_IVT · Incline Village, NV
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
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1974
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Joyce Berger
Individual
Mailing address
2443 FAIR OAKS BLVD, SACRAMENTO, CA 95825-7684
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2021
$800,000
Joyce Berger
Hilarita B Hogan
Bargain And Sale Deed
$400,000 · Continental Pacific Lumber INC INC
Jan 24, 2017
—
Silberberg,mervyn I Living Trust
Silberberg,mervyn J
Quit Claim Deed
related
—
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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