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Property profile & analytics
OFF-MARKET
Estimated value
$6,540,000
Retail space
12047 Donner Pass Rd Truckee, CA 96161-5065
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0184226
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
TILT-UP CONCRETE
Total area
38,160 SF
Lot
4.04 ac (175,982 SF)
Zoning code
C
APN
018-500-013-000
UPID
US09-0184226
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
-
The Bar Effect - Gym & Fitness Center
-
Sarah Bradford Real Estate Real Estate Agency
-
West Truckee Center Shopping Center & Mall
-
Christy Morrison at Home And Slate Real Estate Real Estate Agency
-
Paul Mitchell The School North Tahoe Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.48M
Blend (final)
Blend
$6.54M
Owner & transaction history
Town Of Truckee · 7 yrs held
Town Of Truckee
since 2019
7 recorded transactions
Zoning & alternative use
C · Truckee, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.5M
+85.8%
Commercial (general)
$7.6M
+34.4%
Industrial (general)
$7.3M
+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
$5,640,000
Current use
RESTAURANT
$10,475,000
Change: +86% · Conversion: Easy
COMMERCIAL (GENERAL)
$7,580,000
Change: +34% · Conversion: Easy
INDUSTRIAL (GENERAL)
$7,285,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$6.54M
Range $5.89M – $7.19M · ±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
$171 / 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
$136,855
Tax year 2024
Assessed value
$10,900,000
Assessed 2024
Previous assessed
$10,900,000
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$3,520,000
Assessed improvement
$7,380,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
12
Bathrooms
1
Total area
38,160 SF
Lot
4.04 ac (175,982 SF)
Zoning code
C
APN
018-500-013-000
UPID
US09-0184226
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
$5.6M
RESTAURANT
Est. value
$10.5M
COMMERCIAL (GENERAL)
Est. value
$7.6M
INDUSTRIAL (GENERAL)
Est. value
$7.3M
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
12
Bathrooms
1
Lot
4.04 ac
Current owner
From public records · entity-resolved
Town Of Truckee
Individual
Mailing address
11890 DONNER PASS RD STE #4, TRUCKEE, CA 96161-4996
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2019
—
Town Of Truckee
Truckee Donner I LLC
Quit Claim Deed
related
—
Oct 8, 2008
—
Truckee Donner IV LLC
Christine D Morrison
Grant Deed
—
Sep 26, 2008
—
Kromer Family Trust
Woodchase Reno Lc
Grant Deed
—
Sep 11, 2008
—
Woodchase Reno LLC
Woodchase
Quit Claim Deed
—
May 31, 2007
$12,250,000
Truckee Donner I LLC
Tahoe-truckee Properties LLC
Grant Deed
—
Mar 17, 2004
—
Tahoe-truckee
Sherman Investment Group
Grant Deed
related
—
Nov 26, 2003
$110,000
Schurhoff,tr
Oakwood Properties Ltd I LP
Grant Deed
—
Nov 26, 2003
—
Oakwood Properties Ltd I LP
Oakwood Properties Ltd I LP
Quit Claim Deed
related
—
Aug 23, 1989
—
Oakwood Properties Ltd
Unknown
Grant Deed
related
—
—
—
Truckee Donner I LLC
—
Loan Modification
related
$6,000,000 · Tri Counties Bank
—
—
Sherman Investment Group LLC
—
Deed Of Trust
related
$6,450,000 · Plumas Bank
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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