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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Office buildings
214 Vlg Blvd Incline Village, NV 89451-9688
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US62-0457719
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
WOOD
Total area
1,532 SF
Lot
0.52 ac (22,656 SF)
Zoning code
TA_IVC
APN
132-232-13
UPID
US62-0457719
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
-
Engel & Völkers Incline Village Real Estate Agency
-
Cory Coombes - Engel & Völkers Incline Village Real Estate Agency
-
Sarah Anderson, Engel & Völkers Lake Tahoe Real Estate Agency
-
Team Soli Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$611k
Blend (final)
Blend
$775k
Owner & transaction history
Village Blvd Nevada LLC · 6 yrs held
Village Blvd Nevada LLC
since 2020
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
TA_IVC · 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
$715,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $800k (Jan 24 2020)
Last sale anchor
$800k
Jan 24 2020
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
$506 / 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
$18,142
Tax year 2023
Assessed value
$528,931
Assessed 2023
Previous assessed
$470,839
+12.3% YoY
Effective rate
3.43%
On assessed value
Assessed land
$95,721
Assessed improvement
$433,210
Land market value
$273,489
Improvement market value
$1,237,744
Total market value
$1,511,233
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
4
Bathrooms
9
Total area
1,532 SF
Lot
0.52 ac (22,656 SF)
Zoning code
TA_IVC
APN
132-232-13
UPID
US62-0457719
Jurisdiction
WASHOE
Zoning & alternative use
TA_IVC · Incline Village, NVZoning TA_IVC · permitted uses
TA_IVC · Incline Village, NV
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
1984
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
4
Bathrooms
9
Lot
0.52 ac
Current owner
From public records · entity-resolved
Village Blvd Nevada LLC
Entity
Mailing address
9550 PROTOTYPE CT STE #101, RENO, NV 89521-4823
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2020
—
Village Blvd Nevada LLC
Yellowknife Trust
Quit Claim Deed
related
—
Jun 19, 2019
—
Bay,thunder Trust
Holman,robert W JR
Affidavit Of Death
related
—
Feb 22, 2017
—
Thunder,bay Trust
Abacus Nevada LP
Quit Claim Deed
—
Jul 11, 2014
$800,000
Abacus Nevada LP
214 Village Drive LLC
Grant Deed
—
Oct 14, 2003
—
214 Village Drive LLC
Van Dyck,cristina
Grant Deed
related
—
—
—
Cristina Van Dyck
—
Deed Of Trust
related
$50,000 · Sierra Resources Int'l LLC
—
—
Abacus Nevada LP
—
Deed Of Trust
related
$500,000 · Us Bk
—
—
Christina Vandyck
—
Deed Of Trust
related
$50,000 · Kay Ader
—
—
Cristina Vandyck
—
Deed Of Trust
related
$65,000 · Sierra Resources Int'l LLC
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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