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Property profile & analytics
OFF-MARKET
Estimated value
$3,845,000
Parking lots & garages
4006 Pne Blvd South Lake Tahoe, CA 96150
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-1936589
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Total area
6,000 SF
Lot
0.14 ac (6,098 SF)
Zoning code
TC
APN
029-081-008-000
UPID
US10-1936589
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
$3.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.85M
Owner & transaction history
Aarav International INC · 6 yrs held
Aarav International INC
since 2020
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
TC · 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
$3,625,000
ML approach
$3,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.85M
Range $3.46M – $4.23M · ±10% · vs last sale $4.00M (Jan 23 2020)
Last sale anchor
$4.00M
Jan 23 2020
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
$641 / 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
$1,949
Tax year 2023
Assessed value
$177,384
Assessed 2023
Previous assessed
$177,384
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$157,676
Assessed improvement
$19,708
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Total area
6,000 SF
Lot
0.14 ac (6,098 SF)
Zoning code
TC
APN
029-081-008-000
UPID
US10-1936589
Jurisdiction
EL DORADO
Zoning & alternative use
TC · South Lake Tahoe, CA
Zoning TC · permitted uses
TC · 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
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Aarav International INC
Entity
Mailing address
4120 MANZANITA AVE, SOUTH LAKE TAHOE, CA 96150-6921
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2024
—
Aarav International INC
—
Deed
related
$3,450,000 · Savings Bank Of Mendocino County
Jan 23, 2020
$4,000,000
Aarav International INC
Mskb Tahoe Properties LP
Grant Deed
$3,480,000 · Santa Cruz County Bank
Aug 7, 2009
$2,750,000
Mskb Tahoe Properties
Petersen Family Trust
Grant Deed
—
Mar 28, 2007
$1,200,000
Erik C Petersen
Rajinder Bal
Grant Deed
—
Mar 28, 2007
—
Innocent,lyle K
Innocent,maria R Z
Quit Claim Deed
related
—
Jun 8, 2000
$874,500
Rajinder Bal
Patel,maheshkumar B & Ritaben M
Grant Deed
$774,220 · Individual
Oct 15, 1993
$510,500
Maheshkumar B Patel
Fantasy Inn II
Grant Deed
related
$360,420 · Seller
Apr 20, 1979
—
—
—
Grant Deed
related
—
—
—
Rajinder Bal
—
Deed Of Trust
related
$557,200 · Community National 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.
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