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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Retail space
4039 Lk Tahoe Blvd South Lake Tahoe, CA 96150-6906
Entity Owned
2-yr Hold
Free & Clear
Property ID
US10-2733290
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Construction
WOOD
Total area
832 SF
Lot
0.07 ac (3,049 SF)
Zoning code
GC
APN
029-065-008-000
UPID
US10-2733290
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
-
TV Donuts/Lake Tahoe Blvd Bakery Discount Store
-
Base Level (Bike/Boat/Book/etc) Store
-
Lakeside Landing (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
4039 Ltb LLC · 2 yrs held
4039 Ltb LLC
since 2023
Last sale
$575,000
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
$540,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $575k (Sep 11 2023)
Last sale anchor
$575k
Sep 11 2023
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
$673 / 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
$4,593
Tax year 2023
Assessed value
$408,000
Assessed 2023
Previous assessed
$408,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$245,000
Assessed improvement
$163,000
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
Off-Market
Year built
1958
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
832 SF
Lot
0.07 ac (3,049 SF)
Zoning code
GC
APN
029-065-008-000
UPID
US10-2733290
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
1958
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
4039 Ltb LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 10305, SOUTH LAKE TAHOE, CA 96158-3305
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2023
—
4039 Ltb LLC
Margaret L Kovarik
Intrafamily Transfer
related
—
Aug 3, 2020
—
Max-kova Trust
Margaret L Kovarik
Quit Claim Deed
related
—
Dec 20, 2016
—
Margaret L Kovarik
Maxhimer,john & Margaret K
Quit Claim Deed
related
$225,000 · Bank Of America
Jul 26, 2016
—
Myers,stephen D Tr
Myers,jean T
Affidavit Of Death
related
—
Mar 15, 2007
$575,000
Maxhimer,john & Margaret K
Roth,david W & Connie L
Grant Deed
$400,000 · Myers Family 1999 Trust
Dec 31, 1997
$270,000
David W Roth
Wurtele Trust
Grant Deed
$230,400 · Seller
Jun 30, 1992
$269,000
Wurtele Trust
Mohric,michael F
Grant Deed
$19,000 · Seller
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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