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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Hotels
879 Emerald Bay Rd, South Lake Tahoe, CA 96150-6411
Individually Owned
12-yr Hold
Free & Clear
Property ID
US10-2482868
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1958
Construction
TILT-UP CONCRETE
Total area
6,065 SF
Lot
0.35 ac (15,245 SF)
Zoning code
TC
APN
023-181-045-000
UPID
US10-2482868
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
$570k
Comparable Approach
Comparable
$395k
Blend (final)
Blend
$570k
Owner & transaction history
John Nash · 12 yrs held
John Nash
since 2014
7 recorded transactions
Zoning & alternative use
TC · South Lake Tahoe, 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 South Lake Tahoe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Lake Tahoe 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%
$620,000
6.5%
$570,000
7%
$530,000
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$94 / 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
$6,548
Tax year 2023
Assessed value
$595,718
Assessed 2023
Previous assessed
$595,718
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$111,928
Assessed improvement
$483,790
Applied tax rate
2.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
12
Bathrooms
10
Total area
6,065 SF
Lot
0.35 ac (15,245 SF)
Zoning code
TC
APN
023-181-045-000
UPID
US10-2482868
Jurisdiction
EL DORADO
Zoning & alternative use
TC · South Lake Tahoe, CA
Zoning TC · permitted uses
TC · South Lake Tahoe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Lake Tahoe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
12
Bathrooms
10
Lot
0.35 ac
Current owner
From public records · entity-resolved
John Nash
Individual
Free & Clear · 12 yrs held
Mailing address
17431 BLUE JAY DR, MORGAN HILL, CA 95037-6428
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2014
$500,000
John Nash
City Natl Bk
Grant Deed
—
Apr 25, 2014
—
John Nash
Nash,ivonne
Quit Claim Deed
related
—
Aug 1, 2013
$412,500
City Natl Bk
Stewart Default Services|schoff,j Stephen
Trustees Deed
related
—
Jan 17, 2012
—
Schoff,j Stephen
Y South Tahoe Apartments LP
Quit Claim Deed
related
—
Apr 12, 2007
—
Y South Tahoe Apartments L
Owner Name Unavailable
Grant Deed
related
$2,590,000 · La Jolla Lns
Dec 20, 2005
—
Y South Tahoe Apartments
Schoff,j S
Grant Deed
—
Jul 29, 2005
—
Schoff,j S
Schoff,gabriele I
Quit Claim Deed
related
—
Jul 29, 2005
$735,000
J Stephen Schoff
Guardian Properties LLC
Grant Deed
$530,000 · Imperial Capital Bank
Feb 12, 2003
$650,000
Guardian Properties LLC
Research Associates
Grant Deed
$422,500 · First Coastal Bank
Feb 12, 2003
—
Research Associates
Larivee,michael & Diane
Grant Deed
related
—
Aug 28, 1990
$7,500
Michael Larivee
Vigeant,rachel
Grant Deed
related
—
Dec 31, 1980
$86,500
—
—
Grant Deed
related
—
—
—
Michael Larivee
—
Deed Of Trust
related
$60,000 · Individual
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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