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Property profile & analytics
OFF-MARKET
Commercial land
State Rte 28, Crystal Bay, NV 89402
Entity Owned
8-yr Hold
Free & Clear
Property ID
US62-0651837
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1980
Lot
0.05 ac (2,003 SF)
Zoning code
TA_CBT
APN
123-043-01
UPID
US62-0651837
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kaz 42 Restaurant LLC · 8 yrs held
Kaz 42 Restaurant LLC
since 2017
5 recorded transactions
Zoning & alternative use
TA_CBT · Crystal Bay, 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 Crystal Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crystal Bay 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
$402
Tax year 2023
Assessed value
$13,593
Assessed 2023
Previous assessed
$11,055
+23.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$4,767
Assessed improvement
$8,826
Land market value
$13,620
Improvement market value
$25,217
Total market value
$38,837
Applied tax rate
5,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1980
Heating
NONE
Lot
0.05 ac (2,003 SF)
Zoning code
TA_CBT
APN
123-043-01
UPID
US62-0651837
Jurisdiction
WASHOE
Zoning & alternative use
TA_CBT · Crystal Bay, NV
Zoning TA_CBT · permitted uses
TA_CBT · Crystal Bay, NV
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Crystal Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Lot
0.05 ac
Current owner
From public records · entity-resolved
Kaz 42 Restaurant LLC
Entity
Free & Clear · 8 yrs held
Mailing address
703 CHAMPAGNE RD, INCLINE VILLAGE, NV 89451-8000
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2017
$45,000
Kaz 42 Restaurant LLC
Evo R/e Opportunities INC
Grant Deed
—
Feb 14, 2017
$75,700
Evo R & E Opportunities INC
Odbert Larry|arden,john G
Trustees Deed
related
—
Aug 29, 2008
$122,000
John G Arden
Tnt Ents INC
Grant Deed
$585,000 · Tnt Investments INC
Jun 2, 2000
$18,500
Tnt Investment INC
Thomas,lowell & Sybil W
Grant Deed
—
May 11, 2000
$18,500
Lowell Thomas
Tnt Investments LLC
Grant Deed
$168,500 · Sterling Homes Loans INC
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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