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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office Spaces
2810 Lk Frst Rd Tahoe City, CA 96145-2090
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-6950411
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1948
Construction
WOOD
Total area
4,585 SF
Lot
0.36 ac (15,574 SF)
APN
093-042-024-000
UPID
US09-6950411
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$732k
Blend (final)
Blend
$615k
Owner & transaction history
Gensburg & Sons INC · 8 yrs held
Gensburg & Sons INC
since 2017
7 recorded transactions
Zoning & alternative use
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 Tahoe City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tahoe City 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$134 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$13,777
Tax year 2024
Assessed value
$725,083
Assessed 2024
Previous assessed
$725,083
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$412,740
Assessed improvement
$312,343
Applied tax rate
91.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1948
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Units
15
Bathrooms
4
Total area
4,585 SF
Lot
0.36 ac (15,574 SF)
APN
093-042-024-000
UPID
US09-6950411
Jurisdiction
PLACER
Zoning & alternative use
Zoning · permitted uses
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
1948
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Units
15
Bathrooms
4
Lot
0.36 ac
Current owner
From public records · entity-resolved
Gensburg & Sons INC
Entity
Mailing address
PO BOX 7335, TAHOE CITY, CA 96145-7335
Ownership since
2017
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 22, 2022
—
Gensburg & Sons INC
—
Deed
related
$300,000 · Citizens National Bank Of Texas
Dec 27, 2017
$650,000
Gensburg & Sons INC
Terzian,charles A & Deirdre F
Grant Deed
$350,000 · Terzian Charles A & Deirdre F
Jun 1, 2011
—
Charles A Terzian
Zelinka Family 1996 Trust
Quit Claim Deed
related
—
May 25, 2004
$520,000
Charles A Terzian
2810 Lake Forest LLC
Grant Deed
$286,000 · Bank Of America
Jul 6, 1999
—
2810 Lake Forest LLC
Laitinen Trust
Grant Deed
related
—
Jan 22, 1999
$410,000
Mauri D Laitinen
Livernois,linda S
Grant Deed
—
Nov 10, 1994
$393,000
Livernois,linda S
Sagan Trust
Trustees Deed
$273,000 · Sagan Trust
Nov 10, 1994
—
Sagan Trustee
Sagan,loring
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.
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