Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Office buildings
999 Tahoe Blvd Incline Village, NV 89451-9500
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US62-0352868
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
WOOD
Total area
11,160 SF
Lot
1.19 ac (51,836 SF)
Zoning code
TA_IVT
APN
127-040-04
UPID
US62-0352868
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
-
University of Nevada, Reno at Lake Tahoe College Education Center
-
Kelly Sharp Photography Photography Service (Bike/Boat/Book/etc) Store
-
Prim Library Publishing House
-
Sodexo Property Management Company
-
Nirec Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.29M
Owner & transaction history
Lake Campus LLC · 4 yrs held
Lake Campus LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
TA_IVT · 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
$1,430,000
ML approach
$1,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±10% · vs last sale $1.20M (Jul 1 2022)
Last sale anchor
$1.20M
Jul 1 2022
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
$116 / 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
$455
Tax year 2023
Assessed value
$754,199
Assessed 2023
Previous assessed
$664,125
+13.6% YoY
Effective rate
0.06%
On assessed value
Assessed land
$261,253
Assessed improvement
$492,946
Land market value
$746,438
Improvement market value
$1,408,416
Total market value
$2,154,854
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
1981
Construction
WOOD
Heating
YES
Cooling
YES
Stories
3
Units
1
Total area
11,160 SF
Lot
1.19 ac (51,836 SF)
Zoning code
TA_IVT
APN
127-040-04
UPID
US62-0352868
Jurisdiction
WASHOE
Zoning & alternative use
TA_IVT · Incline Village, NV
Zoning TA_IVT · permitted uses
TA_IVT · 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
1981
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
3
Units
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
Lake Campus LLC
Entity
Mailing address
MS 162, RENO, NV 89557-0001
Ownership since
2022
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
Jul 1, 2022
—
Lake Campus LLC
University Of Nevada Reno Foundatio
Quit Claim Deed
related
—
Sep 29, 1995
$1,200,000
Sierra Nevada College
Nathan H David Foundation
Grant Deed
$1,000,000 · Seller
Sep 9, 1992
$900,000
Violet S David
Unknown
Grant Deed
—
—
—
Sierra Nevada College
—
Deed Of Trust
related
$5,000,000 · Orpheus Holdings LLC
—
—
Sierra Nevada College
—
Deed Of Trust
related
$3,000,000 · Knowledge Universe Holdings Ll
—
—
Sierra Nevada College
—
Deed Of Trust
related
$5,000,000 · Wayne L Prim Foundation
—
—
Sierra Nevada College
—
Deed Of Trust
related
$1,000,000 · Knowledge Universe Holdings Ll
—
—
Sierra Nevada College
—
Deed Of Trust
related
$270,000 · Solomon Trust
—
—
Sierra Nevada College
—
Deed Of Trust
related
$800,000 · Wells Fargo 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.
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 999 Tahoe 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.
