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Property profile & analytics
OFF-MARKET
Estimated value
$1,145,000
Commercial real estate
148 Hwy 50 Stateline, NV 89449
Trust Owned
~
Est. High Equity
Property ID
US62-0877629
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1976
Total area
10,000 SF
Lot
0.44 ac (19,166 SF)
APN
1318-22-002-014
UPID
US62-0877629
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
Sieben Family Trust
Sieben Family Trust
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
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 Stateline submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stateline 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$115 / 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
$9,916
Tax year 2024
Assessed value
$364,533
Assessed 2024
Previous assessed
$324,616
+12.3% YoY
Effective rate
2.72%
On assessed value
Assessed land
$64,050
Assessed improvement
$300,483
Land market value
$183,000
Improvement market value
$858,523
Total market value
$1,041,523
Applied tax rate
220.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1976
Heating
NONE
Stories
2
Total area
10,000 SF
Lot
0.44 ac (19,166 SF)
APN
1318-22-002-014
UPID
US62-0877629
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Stories
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Sieben Family Trust
Trust
Mailing address
PO BOX 12018, ZEPHYR COVE, NV 89448-4018
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2026
—
Sieben Family Trust
Sieben Jonathan
Deed
related
—
Apr 2, 2026
—
Sieben Family Trust
Sieben Jonathan
Bargain & Sale Deed
related
—
Feb 10, 2026
$1,350,000
Shane M Yager
Trisha Madden
Bargain & Sale Deed
—
Mar 11, 2022
—
Shane Yager
Sherry Darrough
Correction Deed
related
—
Nov 3, 2021
—
Christopher Sieben
Christopher J Sieben
Intrafamily Transfer
related
—
Apr 20, 2021
—
Shane Yager
Sherry Darrough
Intrafamily Transfer
related
—
Aug 22, 2019
$45,000
Shane M Yager
Madden,brandon R
Grant Deed
—
Nov 9, 2017
—
Blake C Vanderwerff
Mary Hansen Generation-sk
Grant Deed
related
—
May 7, 2014
—
Shane M Yager
Hansen,mary
Grant Deed
—
Feb 14, 2014
—
Christopher J Sieben
Sieben,jonathan E
Quit Claim Deed
—
Jul 17, 2013
$15,000
Jonathan E Sieben
Madden,tiffanie A
Grant Deed
—
Mar 26, 2013
—
Derek T Yager
Hansen Mary
Grant Deed
—
Nov 28, 2011
$1,070,000
Celtic Bk Corp
First American Title Ins
Trustees Deed
related
—
Jan 13, 2011
—
Jonathan Sieben
Sieben David J
Quit Claim Deed
related
—
Aug 5, 2009
—
John M Madden
Hansen Generation-skipping Tax
Grant Deed
related
—
Jul 13, 2009
—
Brandon R Madden
Hansen,mary
Grant Deed
—
Jul 10, 2007
—
Tiffanie A Madden
Hansen,mary
Grant Deed
—
Jan 10, 2006
—
John M Madden
Hansen,mary
Grant Deed
related
—
Dec 16, 2005
—
Joseph W Francoeur
Francoeur,judy M
Quit Claim Deed
related
—
Mar 26, 2003
—
Christopher J Sieben
Hansen,mary Est
Quit Claim Deed
related
—
—
—
Tahoe Silver Star INC
—
Deed Of Trust
related
$850,000 · Plumas Bk
—
—
Tahoe Silver Star INC
—
Deed Of Trust
related
$631,956 · Del Lafountain
—
—
Tahoe Silver Star INC
—
Deed Of Trust
related
$60,000 · Celtic Bank Corp
—
—
Vintage Wine & Spirits INC
—
Deed Of Trust
related
$500,000 · Francoeur J & J 2003 Tr (tr)
—
—
Dart Discount Liquor
—
Deed Of Trust
related
$1,965,200 · Silver State 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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