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Property profile & analytics
FOR SALE
Commercial land
8626 N Lake Blvd Kings Beach, CA 96143
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-9381085
For Sale
1 / 3
$12,000,000
8626 N Lake Blvd, Kings Beach, CA 96143
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1927
Total area
3,568 SF
Lot
0.37 ac (16,117 SF)
Zoning code
GC
APN
090-134-024-000
UPID
US09-9381085
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
$570k
Blend (final)
Blend
$540k
Owner & transaction history
Brockway North LLC · 7 yrs held
Brockway North LLC
since 2019
7 recorded transactions
Zoning & alternative use
GC · Kings Beach, 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 Kings Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kings Beach 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$860,000
Current use
MEDICAL BUILDING
$820,000
Change: -5% · Conversion: Easy
RETAIL STORES
$800,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$151 / 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
$11,180
Tax year 2024
Assessed value
$699,933
Assessed 2024
Previous assessed
$699,933
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$699,933
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1927
Heating
NONE
Total area
3,568 SF
Lot
0.37 ac (16,117 SF)
Zoning code
GC
APN
090-134-024-000
UPID
US09-9381085
Jurisdiction
PLACER
Zoning & alternative use
GC · Kings Beach, CA
Zoning GC · permitted uses
GC · Kings Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kings Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$860,000
MEDICAL BUILDING
Est. value
$820,000
RETAIL STORES
Est. value
$800,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1927
Heating
NONE
Lot
0.37 ac
Current owner
From public records · entity-resolved
Brockway North LLC
Entity
Mailing address
8612 N LK BLVD, KINGS BEACH, CA 96143
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2024
—
Brockway North LLC
—
Deed
related
$300,000 · Daniel Burke
Apr 19, 2021
—
Brockway North LLC
—
Deed
related
$925,000 · Alan Chelman Etal
May 21, 2019
$640,000
Brockway North LLC
Msnv Investments LLC
Grant Deed
$750,000 · Cynthia Austen
Apr 2, 2010
$465,000
Msnv Investments LLC
Klein Family Trust
Grant Deed
—
Jul 10, 2009
$250,000
Klein Family Trust
Phil Frink & Associates
Trustees Deed
related
—
Jun 4, 1999
$329,000
Linda Catron
Yoo,willow K & Chom S
Grant Deed
$265,200 · Advanced Funding
—
—
Linda Catron
—
Deed Of Trust
related
$40,000 · Advanced Funding
—
—
Willow K Yoo
—
Deed Of Trust
related
$140,000 · Individual
—
—
Linda Carton
—
Deed Of Trust
related
$200,000 · Richard A & Kay Y Wallace
—
—
Linda Catron
—
Deed Of Trust
related
$12,000 · Richard A & Kay Y Wallace
—
—
Linda Catron
—
Deed Of Trust
related
$475,000 · Klein Trust
—
—
Linda Catron
—
Deed Of Trust
related
$230,300 · Dooley Investments INC
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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