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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Apartment buildings
725 Granlibakken Rd, Tahoe City, CA 96145-2370
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-9277322
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1995
Construction
WOOD
Total area
6,560 SF
Lot
4.7 ac (204,732 SF)
Zoning code
R1
APN
095-481-001-000
UPID
US09-9277322
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
$1.56M
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$1.26M
Owner & transaction history
Par Resorts LLC · 7 yrs held
Par Resorts LLC
since 2019
5 recorded transactions
Zoning & alternative use
R1 · Tahoe City, 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 Tahoe City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tahoe City 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,685,000
6.5%
$1,555,000
7%
$1,445,000
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±10%
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
$192 / 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
$30,401
Tax year 2024
Assessed value
$2,784,419
Assessed 2024
Previous assessed
$2,784,419
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$167,873
Assessed improvement
$2,616,546
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
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
NONE
Units
6
Bathrooms
9
Total area
6,560 SF
Lot
4.7 ac (204,732 SF)
Zoning code
R1
APN
095-481-001-000
UPID
US09-9277322
Jurisdiction
PLACER
Zoning & alternative use
R1 · Tahoe City, CA
Zoning R1 · permitted uses
R1 · Tahoe City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tahoe City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
WOOD
Heating
NONE
Units
6
Bathrooms
9
Lot
4.7 ac
Current owner
From public records · entity-resolved
Par Resorts LLC
Entity
Mailing address
PO BOX 7624, TAHOE CITY, CA 96145-7624
Ownership since
2019
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
May 6, 2019
$7,800,000
Par Resorts LLC
Parson Family Trust
Trustees Deed
$7,800,000 · Parson Family Trust (rt)
Jan 4, 2006
—
Parson Willem G C & Norma M Tr
Parson Willem G C & N M
Quit Claim Deed
related
—
Feb 28, 1995
$1,700,000
Willem G Parson Trustee
Gassiot,alfred
Grant Deed
$1,145,100 · Truckee River Bank
Oct 18, 1994
$750,000
Alfred Gasiot
Willem G Parson Trustee
Grant Deed
$2,400,000 · Truckee River Bank
—
—
Willem G Parson Trustee
—
Deed Of Trust
related
$500,000 · Truckee River 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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