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Property profile & analytics
OFF-MARKET
Retail space
219 Brg St Sheridan, OR 97378-1807
Entity Owned
Absentee Owner
Free & Clear
Property ID
US71-0089521
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.31 ac (13,647 SF)
Zoning code
C
APN
R5635BD 01400
UPID
US71-0089521
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
Better Oregon Homes LLC
Better Oregon Homes LLC
since 2026
7 recorded transactions
Zoning & alternative use
C · Sheridan, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the C District is to provide areas for a broad range of commercial retail, office and service uses to meet the economic needs of the city and its market area.
Zone name
Commercial
General category
COMMERCIAL
Zone area
43.98 ac
Source
Realmo
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 Sheridan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheridan 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
$4,379
Tax year 2023
Assessed value
$341,482
Assessed 2023
Previous assessed
$331,536
+3.0% YoY
Effective rate
1.28%
On assessed value
Land market value
$160,841
Improvement market value
$605,217
Total market value
$766,058
Applied tax rate
48.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
0.31 ac (13,647 SF)
Zoning code
C
APN
R5635BD 01400
UPID
US71-0089521
Jurisdiction
YAMHILL
Zoning & alternative use
C · Sheridan, ORZoning C · permitted uses
C · Sheridan, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the C District is to provide areas for a broad range of commercial retail, office and service uses to meet the economic needs of the city and its market area.
Zone name
Commercial
General category
COMMERCIAL
Zone area
43.98 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
Better Oregon Homes LLC
Entity
Free & Clear · 0 yrs held
Mailing address
12774 SW 132ND AVE, TIGARD, OR 97223-4709
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
$160,000
Better Oregon Homes LLC
Precision Capital
Special Warranty Deed
—
Jul 30, 2025
$350,000
Pacwest Funding INC
Bridge Street Commercial LLC
Trust Deed
related
—
Jan 29, 2021
—
Bridge Street Commercial LLC
—
Deed
related
$527,160 · Precision Cap
Oct 26, 2018
—
Bridge Street Commercial LLC
—
Deed Of Trust
related
$1,266,000 · Precision Cap
Dec 28, 2016
$500,000
Bridge Street Commercial LLC
Davis,loren B
Warranty Deed
$300,000 · Jones Keith J & D J Tr (pt)
Oct 11, 2016
—
Loren B Davis
Davis,anthony R & Martha S
Quit Claim Deed
related
—
Oct 9, 2007
$570,200
Anthony R Davis
Rylou Properties INC
Warranty Deed
$170,200 · Rylou Properties INC
May 24, 2007
—
Rylou Properties INC
—
Trustees Deed
related
$42,500 · Citizens Federal Bank Fsb
May 5, 2000
$225,000
Rylou Properties INC
Lewis,sharleen E
Grant Deed
$210,000 · Seller
—
—
Kirt D Amundson
—
Deed Of Trust
related
$125,000 · First Federal S & L Assn Mcmin
—
—
Bridge Street Commercial LLC
—
Loan Modification
related
$527,160 · Precision Cap
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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