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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
560 Lakeshore Blvd Incline Village, NV 89451-9616
Entity Owned
11-yr Hold
Free & Clear
Property ID
US62-0430802
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1961
Construction
METAL FRAME
Total area
1,224 SF
Lot
1.11 ac (48,482 SF)
Zoning code
TA_CBC
APN
122-128-07
UPID
US62-0430802
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
Village Springs LLC · 11 yrs held
Village Springs LLC
since 2015
5 recorded transactions
Zoning & alternative use
TA_CBC · Incline Village, 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 Incline Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Incline Village 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
$4,765
Tax year 2023
Assessed value
$141,819
Assessed 2023
Previous assessed
$141,819
+0.0% YoY
Effective rate
3.36%
On assessed value
Assessed land
$91,631
Assessed improvement
$50,188
Land market value
$261,803
Improvement market value
$143,394
Total market value
$405,197
Applied tax rate
5,200.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1961
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
1,224 SF
Lot
1.11 ac (48,482 SF)
Zoning code
TA_CBC
APN
122-128-07
UPID
US62-0430802
Jurisdiction
WASHOE
Zoning & alternative use
TA_CBC · Incline Village, NV
Zoning TA_CBC · permitted uses
TA_CBC · Incline Village, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Incline Village. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
1.11 ac
Current owner
From public records · entity-resolved
Village Springs LLC
Entity
Free & Clear · 11 yrs held
Mailing address
550 W PLUMB LN STE B, RENO, NV 89509-3686
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2017
—
Village Springs LLC
—
Deed
related
$1,000,000 · Resurgam Trust (ct)
Jul 22, 2015
$253,000
Village Springs LLC
Village Springs LLC
Quit Claim Deed
related
—
May 3, 2004
$50,000
Village Springs LLC
Ferguson,mary A
Quit Claim Deed
related
—
—
—
Mary A Ferguson
—
Deed Of Trust
related
$500,000 · Individual
—
—
Village Springs LLC
—
Deed Of Trust
related
$1,000,000 · Resurgam Trust (ct)
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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