Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

1606 Shop St South Lake Tahoe, CA 96150

FOR LEASE
Warehouses
Property ID
US09-2488238
20,000 SF 0.46 ac lot Built 1965
Last sale Sep 1998 · $635,000
Individually Owned Owner of record is an individual. 28-yr Hold Held for 28 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$957k
Assessed land$151k
Assessed improvement$806k
Effective rate1.09%

Value estimate

· Oct 2026
$1.66M
$1.49M – $1.83M
Submarket $/SF estimate$2.25M
NOI build-up
Gross scheduled income$85k
Vacancy & credit loss−$6k
Operating expenses−$24k
NOI · 3,691,933.33% cap applied$55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$173/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$112 – $266

Cap rate analysis

How does the asset earn?
3,691,933.33%
$55k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GCI
JurisdictionEL DORADO

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.0
Furniture Store8.9
Tailor Shop8.9

Location

1606 Shop St South Lake Tahoe, CA 96150
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2197 Cebo, South Lake Tahoe, CA 96150 $400,000 Dec 2025 10,299 SF
1090 Industrial, South Lake Tahoe, CA 96150-3600 $4,400,000 Jan 2024 12,625 SF
2192 Eloise, South Lake Tahoe, CA 96150 $682,500 Dec 2022 21,945 SF
1746 D, South Lake Tahoe, CA 96150-6227 $2,700,000 Dec 2021 23,492 SF
1060 Industrial, South Lake Tahoe, CA 96150-3600 $4,375,000 Jan 2021 35,064 SF
2152 Ruth, South Lake Tahoe, CA 96150-4362 $915,000 Oct 2020 12,168 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again