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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Manufacturing properties
1802 Santa Fe Rd South Lake Tahoe, CA 96150-5201
Trust Owned
6-yr Hold
Free & Clear
Property ID
US09-2442517
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Construction
TILT-UP CONCRETE
Total area
7,200 SF
Lot
0.34 ac (14,810 SF)
Zoning code
I
APN
034-402-013-000
UPID
US09-2442517
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
-
Bobs Heating HVAC Service General Contractor
-
Mountain High Cabinets General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$980k
Comparable Approach
Comparable
$856k
Blend (final)
Blend
$880k
Owner & transaction history
Cook Family Trust · 6 yrs held
Cook Family Trust
since 2019
7 recorded transactions
Zoning & alternative use
I · South Lake Tahoe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+95.8%
Office building
$1.3M
+83.5%
Warehouse, storage
$1.2M
+76.3%
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 South Lake Tahoe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Lake Tahoe 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%
$1,060,000
6.5%
$980,000
7%
$910,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$705,000
Current use
MEDICAL BUILDING
$1,380,000
Change: +96% · Conversion: Difficult
OFFICE BUILDING
$1,295,000
Change: +83% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,245,000
Change: +76% · Conversion: Easy
COMMERCIAL (GENERAL)
$645,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$122 / 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
$11,481
Tax year 2023
Assessed value
$1,035,408
Assessed 2023
Previous assessed
$1,035,408
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$183,955
Assessed improvement
$851,453
Applied tax rate
75.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
5
Total area
7,200 SF
Lot
0.34 ac (14,810 SF)
Zoning code
I
APN
034-402-013-000
UPID
US09-2442517
Jurisdiction
EL DORADO
Zoning & alternative use
I · South Lake Tahoe, CA
Zoning I · permitted uses
I · South Lake Tahoe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Lake Tahoe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$705,000
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$645,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (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
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
5
Lot
0.34 ac
Current owner
From public records · entity-resolved
Cook Family Trust
Trust
Free & Clear · 6 yrs held
Mailing address
3015 KOKANEE TRL, SOUTH LAKE TAHOE, CA 96150-6809
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2019
$1,635,000
Cook Family Trust
Johnson W L & P J L/tr
Grant Deed
—
Nov 5, 2014
—
King-walter,nancy Trust
King Family Trust
Quit Claim Deed
related
—
Jul 12, 2005
—
Johnson,warren L & P J Trust
Johnson,warren L & Patricia J
Quit Claim Deed
related
—
May 23, 2001
—
King Trust
King,bill
Quit Claim Deed
related
—
Jan 26, 1993
$390,000
Bill King
Capogeannis,will
Grant Deed
$300,000 · Seller
Jul 13, 1979
$145,000
—
—
Grant Deed
related
—
—
—
Bill King
—
Deed Of Trust
related
$280,000 · El Dorado Savings 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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