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Property profile & analytics
FOR LEASE
Retail space
4000 Lake Tahoe Blvd South Lake Tahoe, CA 96150
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-3885518
For Lease
1 / 17
$39 SF/Yr
4000 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Total area
153,774 SF
Lot
14.31 ac (623,343 SF)
Zoning code
GC
APN
029-442-008-000
UPID
US09-3885518
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
-
Raley's Grocery & Convenience Store Food Market
-
Alpaca Exotic Imports Fur Service Carpet Store
-
Dog Dog Cat (Bike/Boat/Book/etc) Store Pet Store
-
Village Center - South Lake Tahoe Shopping Center & Mall
-
Heavenly Gondola Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.27M
Owner & transaction history
Tahoe Crescent LLC · 12 yrs held
Tahoe Crescent LLC
since 2014
3 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
$119 / 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
$295,764
Tax year 2023
Assessed value
$27,444,239
Assessed 2023
Previous assessed
$27,444,239
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$10,112,639
Assessed improvement
$17,331,600
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
1964
Heating
NONE
Total area
153,774 SF
Lot
14.31 ac (623,343 SF)
Zoning code
GC
APN
029-442-008-000
UPID
US09-3885518
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
Heating
NONE
Lot
14.31 ac
Current owner
From public records · entity-resolved
Tahoe Crescent LLC
Entity
Mailing address
3 UPPR NEWPORT PLZ #2, NEWPORT BEACH, CA 92660-2630
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2014
—
Tahoe Crescent LLC
Tahoe Crescent Partnership Ltd
Quit Claim Deed
$18,800,000 · Miscellaneous Ins Co
Oct 23, 2002
—
Tahoe Crescent Partnership
Redevelopment Agency S Tahoe
Quit Claim Deed
related
$7,150,000 · Wells Fargo Bank
—
—
Tahoe Crescent Partnership Ltd
—
Deed Of Trust
related
$19,800,000 · Wells Fargo Bank
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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