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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Retail residential properties
120 Country Clb Dr 65 Incline Village, NV 89451-9331
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0371672
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1974
Construction
WOOD
Total area
2,088 SF
Lot
0.1 ac (4,356 SF)
Zoning code
TA_IVT
APN
130-180-65
UPID
US62-0371672
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
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$903k
Blend (final)
Blend
$930k
Owner & transaction history
Boats And Tahoes LLC · 2 yrs held
Boats And Tahoes LLC
since 2024
Last sale
$1.2M
5 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$945,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$900,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $1.22M (Dec 23 2025)
Last sale anchor
$1.22M
Dec 23 2025
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
$445 / 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
$2,831
Tax year 2023
Assessed value
$77,788
Assessed 2023
Previous assessed
$77,788
+0.0% YoY
Effective rate
3.64%
On assessed value
Assessed land
$41,405
Assessed improvement
$36,383
Land market value
$118,300
Improvement market value
$103,950
Total market value
$222,250
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
3
Units
1
Total area
2,088 SF
Lot
0.1 ac (4,356 SF)
Zoning code
TA_IVT
APN
130-180-65
UPID
US62-0371672
Jurisdiction
WASHOE
Zoning & alternative use
TA_IVT · Incline Village, NV
Zoning 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
Incline Village. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$945,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$900,000
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
3
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Boats And Tahoes LLC
Entity
Mailing address
387 2ND TEE DR, INCLINE VILLAGE, NV 89451-8915
Ownership since
2024
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 19, 2024
$900,000
Boats And Tahoes LLC
C & E Tahoe LLC
Bargain And Sale Deed
—
Jan 3, 2020
$710,000
C & E Tahoe LLC
Gayaldo Michael J L/tr
Grant Deed
—
Mar 29, 2019
$492,000
Gayaldo,michael J Living Trust
Feld Ernest Z
Grant Deed
—
—
—
Ernest Z Feld
—
Deed Of Trust
related
$90,000 · Bank Of America
—
—
Ernest Z Feld
—
Deed Of Trust
related
$60,000 · Wells Fargo Bank Nevada
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
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