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Financial
Distress signals
Property profile

960 Emerald Bay Rd South Lake Tahoe, CA 96150

FOR LEASE
Retail space
Property ID
US10-2560884
8,896 SF 0.82 ac lot Built 1964
Last sale Apr 2008 · $1,700,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional two-story office building, located at 960 Emerald Bay Road in South Lake Tahoe, CA 96150, offers 8,896 square feet of space. The property, built in 1946, boasts seven individual suites, with 2,723 square feet currently vacant and available for immediate occupancy. Suite sizes range from 288 to 2,723 contiguous square feet, providing flexibility for businesses of various sizes. The building is classified as Class C and sits on a generous 35,719 square foot lot, offering ample…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$1.55M
Assessed land$389k
Assessed improvement$1.16M
Effective rate1.09%

Value estimate

· Oct 2026
$1.11M
$995k – $1.22M
NOI build-up
Gross scheduled income$235k
Vacancy & credit loss−$40k
Operating expenses−$49k
NOI · 6,497,644.44% cap applied$146k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$250/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$125 – $396

Cap rate analysis

How does the asset earn?
6,497,644.44%
$146k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
JurisdictionEL DORADO

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store10.3
Pharmacy10.2
Garden Center9.6

Location

960 Emerald Bay Rd South Lake Tahoe, CA 96150
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3320 Sandy, South Lake Tahoe, CA 96150-8192 $223,500 Apr 2024 7,962 SF
3450 Lk Tahoe, South Lake Tahoe, CA 96150-8913 $2,700,000 May 2022 11,520 SF
1029 Takela, South Lake Tahoe, CA 96150-8157 $1,000,000 May 2022 7,040 SF
2494 Lk Tahoe, South Lake Tahoe, CA 96150-7719 $2,000,000 Feb 2022 11,133 SF
1931 Lk Tahoe, South Lake Tahoe, CA 96150-6302 $2,200,000 Feb 2021 6,138 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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