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Property profile & analytics
OFF-MARKET
Office buildings
2247 Lk Tahoe Blvd 1 South Lake Tahoe, CA 96150-6431
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2847351
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Construction
WOOD
Total area
2,304 SF
Lot
0.17 ac (7,405 SF)
Zoning code
GC
APN
023-211-036-000
UPID
US09-2847351
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
-
Andrea & Joe King, Sierra Sotheby's International Realty Real Estate Agency
-
Lake Tahoe Real Estate Real Estate Agency
-
Jessica Gaston Real Estate Agency
-
Demian Black Real Estate Broker Real Estate Agency
-
mike wyatt | my tahoe keys realtor | sierra sotheby - home Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Stewart,randall T Living Trust · 6 yrs held
Stewart,randall T Living Trust
since 2020
7 recorded transactions
Zoning & alternative use
GC · South Lake Tahoe, CA
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,978
Tax year 2023
Assessed value
$350,019
Assessed 2023
Previous assessed
$350,019
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$92,116
Assessed improvement
$257,903
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
2,304 SF
Lot
0.17 ac (7,405 SF)
Zoning code
GC
APN
023-211-036-000
UPID
US09-2847351
Jurisdiction
EL DORADO
Zoning & alternative use
GC · South Lake Tahoe, CA
Zoning GC · permitted uses
GC · 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.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Stewart,randall T Living Trust
Trust
Free & Clear · 6 yrs held
Mailing address
931 BAYBERRY CT, SEBASTOPOL, CA 95472-4142
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2020
—
Stewart,randall T Living Trust
Randall T Stewart
Quit Claim Deed
related
—
May 10, 2019
$312,500
Randall T Stewart
Stewart,colleen A
Quit Claim Deed
related
—
Dec 15, 2017
—
Stewart,jeffrey J 2010 Trust
Stewart,jeffrey J
Quit Claim Deed
related
—
Oct 19, 2016
$23,500
Department Of Transportation
Stewart,randall T
Grant Deed
—
Jan 5, 2015
—
Randall T Stewart
Stewart Thomas L Trust
Quit Claim Deed
related
—
Mar 16, 2012
—
Stewart,thomas L & Brenda Y Trust
Stewart Thomas L Fam Trust
Quit Claim Deed
related
—
Jul 26, 2000
—
Stewart Trust
Stewart Trust
Quit Claim Deed
related
—
Sep 18, 1957
$14,000
Thomas L Stewart
Owner Name Unavailable
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.
Try Rey
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