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Property profile & analytics
OFF-MARKET
Office buildings
2568 Lk Tahoe Blvd South Lake Tahoe, CA 96150-7708
Entity Owned
11-yr Hold
Free & Clear
Property ID
US09-3368454
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Construction
TILT-UP CONCRETE
Total area
3,114 SF
Lot
0.17 ac (7,405 SF)
Zoning code
GC
APN
031-073-005-000
UPID
US09-3368454
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
-
Bob Arthur Real Estate Group | South Lake Tahoe Realtor Real Estate Agency
-
Dianna Dorn Real Estate Agency
-
Lake Tahoe Real Estate Agency
-
southtahoehomesearch Real Estate Agency
-
Nancy Beaulieu-Realtor 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
Burn Properties LLC · 11 yrs held
Burn Properties LLC
since 2015
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
$6,207
Tax year 2023
Assessed value
$560,256
Assessed 2023
Previous assessed
$560,256
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$231,034
Assessed improvement
$329,222
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
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
3,114 SF
Lot
0.17 ac (7,405 SF)
Zoning code
GC
APN
031-073-005-000
UPID
US09-3368454
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
1962
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Burn Properties LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 7647, SOUTH LAKE TAHOE, CA 96158-0647
Ownership since
2015
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 3, 2015
—
Burn Properties LLC
Fabbri,marc L
Quit Claim Deed
related
—
Jan 13, 2015
$1,275,000
Marc L Fabbri
Rominger Rose M 2005 Trust
Grant Deed
—
Jan 31, 2008
—
Schmidt,lisa A & Michael J
Schmidt L R & K E Trust B
Quit Claim Deed
related
—
May 19, 2005
—
Rominger,rose M 2005 Trust
Rominger,rose M
Quit Claim Deed
related
—
Mar 30, 2005
—
Schmidt,l R & Kacie E Trust B
Schmidt,l R
Quit Claim Deed
related
—
Mar 2, 2005
—
Rominger,rose M
Schmidt Family Trust
Quit Claim Deed
related
—
Mar 11, 2003
—
Schmidt,tr
Schmidt,tr
Quit Claim Deed
related
—
Nov 28, 1994
—
Schmidt Trust
Schmidt Trust
Quit Claim 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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