Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,375,000
Office buildings
880 Northwood Blvd Incline Village, NV 89451-8241
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US62-0091294
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,158 SF
Lot
1.33 ac (57,935 SF)
Zoning code
TA_IVC
APN
124-071-49
UPID
US62-0091294
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
-
Gessford Paul Marriage Or Relationship Counselor Psychotherapist
-
High Altitude Fitness Gym & Fitness Center
-
Envision Solutions Unlimited General Contractor
-
Maycomb Wealth Advisors, LLC Financial Advisor
-
Tahoe Spine & Sports Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.38M
Owner & transaction history
Majuba LLC · 2 yrs held
Majuba LLC
since 2023
7 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%
$6,560,000
6.5%
$6,055,000
7%
$5,620,000
Blend value · Realmo final
$5.38M
Range $4.84M – $5.91M · ±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
$243 / 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
$26,488
Tax year 2023
Assessed value
$783,863
Assessed 2023
Previous assessed
$693,041
+13.1% YoY
Effective rate
3.38%
On assessed value
Assessed land
$244,528
Assessed improvement
$539,335
Land market value
$698,652
Improvement market value
$1,540,958
Total market value
$2,239,610
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
22,158 SF
Lot
1.33 ac (57,935 SF)
Zoning code
TA_IVC
APN
124-071-49
UPID
US62-0091294
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Majuba LLC
Entity
Mailing address
880 NORTHWOOD BLVD, INCLINE VILLAGE, NV 89451-8241
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2023
—
Majuba LLC
Arrow Canyon LLC
Bargain And Sale Deed
—
Oct 5, 2007
—
880 Northwood LLC
880 Northwood LLC
Quit Claim Deed
—
Jun 15, 2006
$4,450,000
880 Northwood LLC
Baylocq Properties LLC
Grant Deed
—
Jun 15, 2006
$1,780,000
Baylocq Properties LLC
Rll LLC
Grant Deed
—
Sep 24, 2004
$3,000,000
Rll LLC
Athletic Club
Grant Deed
$2,100,000 · Nevada Security Bank
Dec 30, 1994
$775,000
Athletic Club LP
Incline Court House Ventures
Grant Deed
—
—
—
Rll LLC
—
Deed Of Trust
related
$120,000 · John Neary
—
—
Rll LLC
—
Deed Of Trust
related
$98,327 · Frances Balich
—
—
Rll LLC
—
Deed Of Trust
related
$100,000 · Frances Balich
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 880 Northwood Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
