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Property profile & analytics
OFF-MARKET
Turn key restaurants
5 State Rte 28, Crystal Bay, NV 89402-7700
Entity Owned
2-yr Hold
Free & Clear
Property ID
US62-0447740
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1993
Construction
FRAME
Total area
7,276 SF
Lot
0.28 ac (12,196 SF)
Zoning code
TA_CBT
APN
123-052-02
UPID
US62-0447740
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ekn Tahoe LLC · 2 yrs held
Ekn Tahoe LLC
since 2023
Last sale
$56.9M
7 recorded transactions
Zoning & alternative use
TA_CBT · Crystal Bay, NV
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 Crystal Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crystal Bay 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
—
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
$4,425
Tax year 2023
Assessed value
$203,606
Assessed 2023
Previous assessed
$266,468
-23.6% YoY
Effective rate
2.17%
On assessed value
Assessed land
$64,029
Assessed improvement
$139,577
Land market value
$182,940
Improvement market value
$398,790
Total market value
$581,730
Applied tax rate
5,200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1993
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
7,276 SF
Lot
0.28 ac (12,196 SF)
Zoning code
TA_CBT
APN
123-052-02
UPID
US62-0447740
Jurisdiction
WASHOE
Zoning & alternative use
TA_CBT · Crystal Bay, NV
Zoning TA_CBT · permitted uses
TA_CBT · Crystal Bay, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Crystal Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Ekn Tahoe LLC
Entity
Free & Clear · 2 yrs held
Mailing address
220 NEWPORT CTR DR STE #11, NEWPORT BEACH, CA 92660-7557
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2023
—
Ekn Tahoe LLC
Big Water Investments LLC
Agreement Of Sale
—
Sep 16, 2021
$56,875,000
Ekn Tahoe LLC
Boulder Bay LLC
Bargain And Sale Deed
—
Nov 19, 2019
—
Boulder Bay LLC
—
Grant Deed
related
$20,000,000 · O'neal Family Trust (pt)
Mar 23, 2018
—
Boulder Bay LLC
—
Grant Deed
related
$10,000,000 · Mountain W Debt Fund
Jun 6, 2014
—
Brennan,kathleen Trust
Tax Receiver Of Washoe County
Tax Deed
related
—
Jun 27, 2007
—
Boulder Bay LLC
Tahoe Biltmore INC
Grant Deed
—
Jul 30, 2001
—
Tahoe Biltmore Lodge
—
Deed Of Trust
related
$5,534,861 · Us Bank NA
Nov 3, 2000
—
Tahoe Biltmore INC
—
Deed Of Trust
related
$1,500,000 · Us Bank NA
Dec 22, 1997
—
Tahoe Biltmore Lodge
—
Deed Of Trust
related
$5,462,425 · Us 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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