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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Office Spaces
40169 Truckee Airport Rd 2 Truckee, CA 96161-4114
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-9214975
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2008
Construction
WOOD
Total area
1,850 SF
Lot
0.05 ac (1,974 SF)
APN
107-090-005-000
UPID
US09-9214975
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
-
AdventureSmith Explorations Shipping Company
-
Sierra Crest Dental Dental Office
-
Ski Butlers Ski Rental Delivery (Bike/Boat/Book/etc) Store
-
InterWest Insurance Services, LLC / Aegis Insurance Markets Insurance Agency
-
Aspen Developers Corporation General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$422k
Blend (final)
Blend
$695k
Owner & transaction history
Camp Carey Tahoe LLC · 3 yrs held
Camp Carey Tahoe LLC
since 2022
Last sale
$795,000
3 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 Truckee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Truckee 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
$615,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
$750,000
6.5%
$695,000
7%
$645,000
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $795k (Aug 3 2022)
Last sale anchor
$795k
Aug 3 2022
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
$376 / 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
$9,296
Tax year 2024
Assessed value
$810,900
Assessed 2024
Previous assessed
$810,900
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$102,000
Assessed improvement
$708,900
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
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
NONE
Units
1
Total area
1,850 SF
Lot
0.05 ac (1,974 SF)
APN
107-090-005-000
UPID
US09-9214975
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
2008
Construction
WOOD
Heating
NONE
Units
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Camp Carey Tahoe LLC
Entity
Mailing address
PO BOX 680187, PARK CITY, UT 84068-0187
Ownership since
2022
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
Aug 3, 2022
$795,000
Camp Carey Tahoe LLC
Trason LLC
Grant Deed
$636,000 · Key Bank NA
Feb 27, 2019
$675,000
Trason LLC
Eric Luster
Grant Deed
$500,000 · Plumas Bank
Mar 21, 2008
$600,000
Luster Family Trust
Town & Country Busn Park LLC
Grant Deed
$350,000 · Bank Of The West
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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