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Property profile & analytics
OFF-MARKET
Auto shops
898 Tahoe Blvd Incline Village, NV 89451-9419
Trust Owned
7-yr Hold
~
Est. High Equity
Property ID
US62-1160721
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1971
Construction
METAL FRAME
Total area
2,122 SF
Lot
0.6 ac (26,129 SF)
Zoning code
TA_IVC
APN
132-020-14
UPID
US62-1160721
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
-
Food Mart Grocery & Convenience Store
-
Chevron Incline Village Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sparks,d & M Family Trust · 7 yrs held
Sparks,d & M Family Trust
since 2019
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,833
Tax year 2023
Assessed value
$311,111
Assessed 2023
Previous assessed
$249,616
+24.6% YoY
Effective rate
3.16%
On assessed value
Assessed land
$157,028
Assessed improvement
$154,083
Land market value
$448,651
Improvement market value
$440,237
Total market value
$888,888
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1971
Construction
METAL FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,122 SF
Lot
0.6 ac (26,129 SF)
Zoning code
TA_IVC
APN
132-020-14
UPID
US62-1160721
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
1971
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Sparks,d & M Family Trust
Trust
Mailing address
2170 BLAZE KING CT, RENO, NV 89521-5209
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2019
—
Sparks,d & M Family Trust
Sparks Marcia S
Quit Claim Deed
related
—
Dec 21, 2017
—
Sparks,d & M Family Trust
Sparks,dan M
Quit Claim Deed
related
—
Dec 20, 2017
—
Dane M Sparks
Sparks,marcia S
Affidavit Of Death
related
—
Feb 19, 2003
$1,200,000
Dan M Sparks
Equilon Enterprises LLC
Grant Deed
$840,000 · Nevada Security Bank
Jul 8, 1998
$3,611,500
Equilon Enterprises LLC
Shell Oil Co
Grant Deed
—
—
—
Dan M Sparks
—
Deed Of Trust
related
$100,000 · Umpqua Bank
—
—
Dan M Sparks
—
Deed Of Trust
related
—
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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