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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Office buildings
948 Tahoe Blvd Incline Village, NV 89451-9487
Entity Owned
1-yr Hold
Free & Clear
Property ID
US62-0356900
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Construction
WOOD
Total area
726 SF
Lot
2.16 ac (94,307 SF)
Zoning code
TA_F
APN
132-233-01
UPID
US62-0356900
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
-
Incline Village Sales Company Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.75M
Owner & transaction history
948 Tahoe Blvd LLC · 1 yrs held
948 Tahoe Blvd LLC
since 2024
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
TA_F · 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
$1,750,000
ML approach
$1,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.75M (Oct 4 2024)
Last sale anchor
$1.75M
Oct 4 2024
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
$2,410 / 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
$3,083
Tax year 2023
Assessed value
$93,340
Assessed 2023
Previous assessed
$93,340
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$80,003
Assessed improvement
$13,337
Land market value
$228,580
Improvement market value
$38,107
Total market value
$266,687
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
1967
Construction
WOOD
Heating
ELECTRIC
Stories
1
Units
1
Total area
726 SF
Lot
2.16 ac (94,307 SF)
Zoning code
TA_F
APN
132-233-01
UPID
US62-0356900
Jurisdiction
WASHOE
Zoning & alternative use
TA_F · Incline Village, NV
Zoning TA_F · permitted uses
TA_F · 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
1967
Construction
WOOD
Heating
ELECTRIC
Stories
1
Units
1
Lot
2.16 ac
Current owner
From public records · entity-resolved
948 Tahoe Blvd LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 3420, INCLINE VILLAGE, NV 89450-3420
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2024
$1,750,000
948 Tahoe Blvd LLC
Danne Buchanan
Bargain And Sale Deed
—
Mar 5, 2021
$1,450,000
Danne Buchanan
D Craig Robinson
Bargain And Sale Deed
—
Jan 29, 2018
—
D Craig
—
Deed
related
$200,000 · Greg Cecchi
Sep 13, 2016
—
D Craig Robinson
Carpio,beatriz M C
Grant Deed
—
Jul 11, 2016
—
Beatriz M C Carpio
Robinson,b Miriam
Grant Deed
related
—
Jun 30, 2016
—
B Miriam Robinson
Robinson,d Craig
Quit Claim Deed
—
Jun 6, 2014
—
Brennan,kathleen Trust
Tax Receiver Of Washoe County
Tax Deed
related
—
Nov 13, 2000
—
Craig Robinson
Wood Trust
Quit Claim Deed
related
—
Dec 22, 1994
—
Gwen F Wood
Robinson,d C
Grant Deed
related
—
—
—
Robinson D C
—
Deed Of Trust
related
$250,000 · First Independent Bank Nevada
—
—
D C Robinson
—
Deed Of Trust
related
$270,000 · Bourdeau Trust
—
—
Robinson D C
—
Deed Of Trust
related
$250,000 · Bourdeau Trust
—
—
Robinson D C
—
Deed Of Trust
related
$520,000 · Bourdeau Family Trust
—
—
D Craig
—
Deed Of Trust
related
$200,000 · Greg Cecchi
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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