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Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Industrial properties
2197 Ruth Ave South Lake Tahoe, CA 96150-4340
Individually Owned
1-yr Hold
Free & Clear
Property ID
US09-2081524
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1975
Construction
TILT-UP CONCRETE
Total area
8,920 SF
Lot
0.5 ac (21,780 SF)
Zoning code
GC1
APN
023-684-013-000
UPID
US09-2081524
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
-
Diamond Woodcraft General Contractor Renovation Specialist
-
Tahoe Best Friends Kennel & Boarding Facility
-
For The Love Of Dogs Grooming by Kerrisa Pet Grooming Service
-
Ralph's Custom Canvas and Upholstery Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.38M
Owner & transaction history
Robert D Beaty · 1 yrs held
Robert D Beaty
since 2024
6 recorded transactions
Zoning & alternative use
GC1 · South Lake Tahoe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.2M
+154.8%
Medical building
$1.7M
+95.8%
Office building
$1.6M
+83.5%
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%
$1,315,000
6.5%
$1,215,000
7%
$1,125,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$875,000
Current use
RETAIL STORES
$2,230,000
Change: +155% · Conversion: Moderate
MEDICAL BUILDING
$1,710,000
Change: +96% · Conversion: Difficult
OFFICE BUILDING
$1,605,000
Change: +83% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,540,000
Change: +76% · Conversion: Easy
Blend value · Realmo final
$1.38M
Range $1.24M – $1.52M · ±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
$155 / 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
$19,744
Tax year 2023
Assessed value
$1,830,816
Assessed 2023
Previous assessed
$1,830,816
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$366,318
Assessed improvement
$1,464,498
Applied tax rate
2.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Bathrooms
6
Total area
8,920 SF
Lot
0.5 ac (21,780 SF)
Zoning code
GC1
APN
023-684-013-000
UPID
US09-2081524
Jurisdiction
EL DORADO
Zoning & alternative use
GC1 · South Lake Tahoe, CA
Zoning GC1 · permitted uses
GC1 · 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
$875,000
RETAIL STORES
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Bathrooms
6
Lot
0.5 ac
Current owner
From public records · entity-resolved
Robert D Beaty
Individual
Free & Clear · 1 yrs held
Mailing address
2197 RUTH AVE, SOUTH LAKE TAHOE, CA 96150-4340
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2024
—
Robert D Beaty
Robert D Beaty
Intrafamily Transfer
related
—
Jun 18, 2024
—
Robert D Beaty
Francis E Beaty
Deed
related
—
Dec 13, 2017
—
Robert D Beaty
Beaty,robert D
Quit Claim Deed
related
—
Nov 14, 2002
—
Robert Beaty
Beaty,david W
Quit Claim Deed
related
—
Dec 19, 1973
$17,000
Woodcraft Diamond
—
Grant Deed
related
—
Oct 2, 1969
—
—
—
Grant Deed
related
—
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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