Individually Owned Property summary
AI-generated overview
The property is a 3,360-square-foot commercial building built in 1900 and constructed with concrete. It is configured for bar and restaurant use and includes a basement for storage, a forced-air heating system, updated electrical components, and a flat roof. The building is zoned LG-CB and sits on a 0.08-acre parcel. Located at 219 Fir St in downtown LaGrande, it has a parking lot directly behind the building, including one designated handicap-accessible parking space, and it retains an existing bar-oriented layout suitable for continued bar operations or a restaurant concept.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
1,620 SF
Lot
0.08 ac (3,485 SF)
Zoning code
LG-CB;CENTRAL BUSINESS
APN
03S3805CC 2800
UPID
US71-1603188
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bar & Pub Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$75k
Owner & transaction history
Zoning & alternative use
LG-CB;CENTRAL BUSINESS · La Grande, OR
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$75k
Value range
$68k – $83k
±10% around blend
Estimated value / SF
$46 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$68k
blend $75k
$83k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,620 SF
Lot area
0.08 ac
Year built
1900
APN
03S3805CC 2800
Zoning
LG-CB;CENTRAL BUSINESS
Assessed value
$59,100
Annual tax
$1,045
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$75k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$83
-44%
Submarket 21 sales
$83
-44%
County 32 sales
$80
-42%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $46/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$59k
Move the market yield to see immediate price impact.
Value / SF
$36
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$4k
$74k
$53k
$41k
$4k
$83k
$59k
$46k
$5k
$91k
$65k
$51k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,045
Tax year 2023
Assessed value
$59,100
Assessed 2023
Previous assessed
$59,100
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$20,660
Assessed improvement
$38,440
Land market value
$37,340
Improvement market value
$73,390
Total market value
$110,730
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Total area
1,620 SF
Lot
0.08 ac (3,485 SF)
Zoning code
LG-CB;CENTRAL BUSINESS
APN
03S3805CC 2800
UPID
US71-1603188
Jurisdiction
UNION
Zoning & alternative use
LG-CB;CENTRAL BUSINESS · La Grande, ORZoning LG-CB;CENTRAL BUSINESS · permitted uses
LG-CB;CENTRAL BUSINESS · La Grande, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1900
Lot
0.08 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LG-CB;CENTRAL BUSINESS
Jurisdiction
La Grande, OR
Recorded code
LG-CB;CENTRAL BUSINESS
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LG-CB;CENTRAL BUSINESS in La Grande, OR.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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