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Property profile & analytics
FOR LEASE
Retail space
3091 Harrison Ave South Lake Tahoe, CA 96150
Individually Owned
8-yr Hold
Free & Clear
Property ID
US09-2770223
For Lease
1 / 32
$2,205,000
3091 Harrison Ave, South Lake Tahoe, CA 96150
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1938
Construction
TILT-UP CONCRETE
Total area
21,554 SF
Lot
0.92 ac (40,075 SF)
Zoning code
GC
APN
026-089-010-000
UPID
US09-2770223
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
-
South Lake Tahoe Scenic Spot
-
SuperBest Water Damage & Flood Repair Lake Tahoe Hardware & Home Improvement Construction Company
-
RoJo's Tavern Restaurant
-
Gastromaniac Homemade Pasta & Pizza Restaurant
-
Pioneer Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$2.21M
Owner & transaction history
Shahpour Kazemi · 8 yrs held
Shahpour Kazemi
since 2018
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
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
$2.21M
Range $1.98M – $2.43M · ±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
$102 / 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
$25,652
Tax year 2023
Assessed value
$2,252,000
Assessed 2023
Previous assessed
$2,252,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$530,000
Assessed improvement
$1,722,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1938
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
9
Bathrooms
5
Total area
21,554 SF
Lot
0.92 ac (40,075 SF)
Zoning code
GC
APN
026-089-010-000
UPID
US09-2770223
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
1938
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
9
Bathrooms
5
Lot
0.92 ac
Current owner
From public records · entity-resolved
Shahpour Kazemi
Individual
Free & Clear · 8 yrs held
Mailing address
144 N VERDUGO RD, GLENDALE, CA 91206-3933
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Apr 8, 2022
—
Kazemi & Behmard Enterprise INC
—
Deed
related
$3,300,000 · Hanmi Bank
Mar 26, 2018
—
Shahpour Kazemi
Ghanbari,omolbanin S
Quit Claim Deed
related
—
Sep 30, 2015
—
Kazemi & Behmard Ent INC
Kazemi & Behmard Ent INC
Quit Claim Deed
related
$3,850,000 · Bbcn Bk
Dec 15, 2009
$400,000
Kazemi & Behmard Ents INC
Behmard,farideh
Grant Deed
—
Mar 8, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Aug 13, 1974
—
Pioneer Center
—
Grant Deed
related
—
—
—
Poineer Center
—
Deed Of Trust
related
$970,000 · Wells Fargo Bank
—
—
Kazemi & Behmard Enterprise
—
Loan Modification
related
$4,100,000 · Us Bk NA 2007-6 (ce)
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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