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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Strip malls
868 Tahoe Blvd Incline Village, NV 89451-9404
Individually Owned
5-yr Hold
Free & Clear
Property ID
US62-0091276
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Construction
WOOD
Total area
3,240 SF
Lot
0.34 ac (14,933 SF)
Zoning code
TA_IVC
APN
132-020-20
UPID
US62-0091276
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
-
Mofo's Restaurant
-
Thania’s Juice Bar Specialty Food Shop (Bike/Boat/Book/etc) Store
-
Lisa Douglas Designs Interior Design Home Decor Store
-
Karma Tahoe Discount Store (Bike/Boat/Book/etc) Store
-
Roam Wyld Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$842k
Blend (final)
Blend
$615k
Owner & transaction history
Delight Hamburger · 5 yrs held
Delight Hamburger
since 2020
6 recorded transactions
Zoning & alternative use
TA_IVC · 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
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
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$190 / 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
$4,203
Tax year 2023
Assessed value
$114,650
Assessed 2023
Previous assessed
$99,743
+14.9% YoY
Effective rate
3.67%
On assessed value
Assessed land
$54,879
Assessed improvement
$59,771
Land market value
$156,796
Improvement market value
$170,775
Total market value
$327,571
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Total area
3,240 SF
Lot
0.34 ac (14,933 SF)
Zoning code
TA_IVC
APN
132-020-20
UPID
US62-0091276
Jurisdiction
WASHOE
Zoning & alternative use
TA_IVC · Incline Village, NV
Zoning TA_IVC · permitted uses
TA_IVC · 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
1978
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Delight Hamburger
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 2541, CUPERTINO, CA 95015-2541
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2020
$693,961
Delight Hamburger
Department Of Taxation
Quit Claim Deed
related
—
Feb 25, 2011
$4,000,000
Penguin Properties LLC
Christmas Tree Village Shoppin
Grant Deed
—
Apr 27, 2000
$825,000
Christman Tree Vllg Shopping
Sourwine Trust
Trustees Deed
$2,145,000 · First Independent Bank Nevada
Apr 27, 2000
—
Christman Tree Village Shoppin
Darling Trust
Trustees Deed
related
—
Jul 24, 1989
$41,800
Ronald K Darling
Unknown
Grant Deed
—
—
—
Darling Trust
—
Deed Of Trust
related
$3,000,000 · Reno Inv 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.
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