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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Office buildings
971 Silver Dollar Ave, South Lake Tahoe, CA 96150-7761
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-2892690
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
TILT-UP CONCRETE
Total area
17,600 SF
Lot
1.76 ac (76,665 SF)
Zoning code
GC
APN
031-290-027-000
UPID
US09-2892690
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
$2.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.26M
Blend (final)
Blend
$2.40M
Owner & transaction history
Rahul Bahl · 3 yrs held
Rahul Bahl
since 2023
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
GC · South Lake Tahoe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.4M
+6.7%
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
$2,345,000
ML approach
$2,395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,165,000
Current use
MEDICAL BUILDING
$3,375,000
Change: +7% · Conversion: Easy
WAREHOUSE, STORAGE
$3,040,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±10% · vs last sale $2.50M (May 18 2023)
Last sale anchor
$2.50M
May 18 2023
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
$136 / 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
$29,765
Tax year 2023
Assessed value
$2,759,763
Assessed 2023
Previous assessed
$2,759,763
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$379,829
Assessed improvement
$2,379,934
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Bathrooms
6
Total area
17,600 SF
Lot
1.76 ac (76,665 SF)
Zoning code
GC
APN
031-290-027-000
UPID
US09-2892690
Jurisdiction
EL DORADO
Zoning & alternative use
GC · South Lake Tahoe, CA
Zoning GC · permitted uses
GC · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$3.0M
OFFICE BUILDING Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Bathrooms
6
Lot
1.76 ac
Current owner
From public records · entity-resolved
Rahul Bahl
Individual
Mailing address
2358 VELOCITY CMN UNIT #300, FREMONT, CA 94539-6157
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2023
$2,500,000
Rahul Bahl
Sandra A Patten
Grant Deed
$2,810,000 · Velocitysba LLC
Jan 26, 2023
—
Roxane I Beeman
Ruth I Beeman
Intrafamily Transfer
related
—
Aug 22, 2016
—
Kuijpers,familye Living Trust
Poell-kuijpers Mary Trust
Quit Claim Deed
related
—
Nov 21, 2012
$332,500
Patten,douglas V 2000 Trust
Pignini Trust
Grant Deed
—
Jan 23, 2012
—
Patten Family Trust
Patten,thomas W & Sandra A
Quit Claim Deed
related
—
Mar 5, 2010
—
Poell-kuijpers,mary Trust
Poell R R & M M Trust
Quit Claim Deed
related
—
Mar 25, 2008
—
Kortes,donald H & M A Trust
Kortes,donald H & Margaret
Quit Claim Deed
related
—
Sep 9, 2005
—
Patten,thomas W & Sandra A
Patten,thomas W
Quit Claim Deed
related
—
Nov 14, 2000
—
Patten Trust
Patten,douglas V
Quit Claim Deed
related
—
Jul 15, 1999
—
Pighini Trust
Pighini,lawrence L
Quit Claim Deed
related
—
Mar 3, 1998
—
Poell Trust
Poell,robert R
Quit Claim Deed
related
—
Mar 12, 1996
$10,000
Kortes,donald H & Margaret
Lewis,beth E
Trustees Deed
—
Mar 12, 1996
—
Donald H Kortes
Kortes,donald H
Quit Claim Deed
related
—
Mar 3, 1995
—
Beeman Trust
Beeman,bob M
Quit Claim Deed
related
—
Apr 16, 1992
—
Samuel Burr
—
Deed Of Trust
related
—
—
—
Patten Trust
—
Deed Of Trust
related
$930,000 · Sierrawest Bank
—
—
Thomas W Patten
—
Deed Of Trust
related
$1,000,000 · Sumitomo Bank
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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