Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1026 Rail Way Sisters, OR 97759-9545
    Property profile & analytics

    1026 Rail Way Sisters, OR 97759-9545

    View on Map
    • Motels
    • 23,760 SF
    • 1.13 lot acres
    Off-Market
    Property ID
    US71-1201275
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 1026 Rail Way

    Year built
    2018
    Lot size
    1.13 lot acres
    Property size
    23,760 SF
    Property type
    Motels
    APN
    151005 DB 02501
    APU
    151005DB02501

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sisters
    County
    Deschutes
    State
    Oregon
    Longitude
    -121.563
    Latitude
    44.2983
    CBSA code
    13460
    CBSA name
    BEND, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $51,751
    $0.00
    $0.00
    $3,012,750
    -
    $1,004,680
    $4,098,180
    $5,102,860

    Comparable in this City

    • Value Estimation
      $1,635,000
      32,972 SF

      605 Arrowleaf Trl

      MOTEL • 32,972 SF
      605 Arrowleaf Trl, Sisters, OR 97759-2610
      View Details
    • Value Estimation by Request
      25,548 SF

      500 Hwy 20

      MOTEL • 25,548 SF
      500 Hwy 20, Sisters, OR 97759-2621
      View Details
    • Value Estimation
      $2,430,000
      3,384 SF

      511 Cascade Ave

      MOTEL • 3,384 SF
      511 Cascade Ave, Sisters, OR 97759-1038
      View Details
    • Value Estimation by Request
      0.04 Acres

      70408 Ponderosa Ln

      HOTEL-RESORT • 0.04 Acres
      70408 Ponderosa Ln, Sisters, OR 97759-2525
      View Details
    • Value Estimation by Request
      5,693 SF

      Sisters, OR 97759

      HOTEL-RESORT • 5,693 SF
      Sisters, OR 97759
      View Details
    • Value Estimation by Request
      2,392 SF

      17045 Royal Coachman Dr

      HOTEL-RESORT • 2,392 SF
      17045 Royal Coachman Dr, Sisters, OR 97759-9834
      View Details

    Similar Nearby for Sale

    • $2,695,000

      Boutique Lodge in Sisters, Oregon

      Boutique lodge with 11 updated units in Sisters, Oregon.
      511 W Cascade Ave, Sisters, OR 97759
      View Details
    • $499,000

      Commercial Lot in Sun Ranch

      Prime commercial lot suitable for various development projects.
      1092 N Jantzen Ln, Sisters, OR 97759
      View Details
    • $4,890,000
      23,488 SF

      Industrial Facility in Sisters, Oregon

      State-of-the-art industrial facility with premium manufacturing, warehouse, and office space.
      275 W Lundgren Mill Dr, Sisters, OR 97759
      View Details
    • $450,000
      0.93 Acres

      Aspen Lakes Golf Estates Land

      Residential lot in Aspen Lakes Golf Estates, Sisters, Oregon.
      17167 Caddis Ct, Sisters, OR 97759
      View Details
    • $499,000
      0.93 Acres

      Commercial Lot in Sun Ranch

      Prime commercial lot in Sisters, Oregon, ready to build.
      1092 N Jantzen Ln, Sisters, OR 97759
      View Details
    • New
      $394,000
      0.88 Acres

      Residential Land in Sisters, Oregon

      Large level lot near Sisters, Oregon with lifestyle appeal.
      69130 Damsel Fly Ct, Sisters, OR 97759
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      626 SF

      Office Space in Sisters, Oregon

      Office space available for lease in Sisters, Oregon.
      178 S Elm St, Sisters, OR 97759
      View Details
    • $1.20 SF/Yr

      Professional Office Space in Sisters

      Office space with open layout, private offices, and parking.
      703 N Larch St, Sisters, OR 97759
      View Details
    • $1.20 SF/Yr
      6,000 SF

      Professional Office Space in Sisters

      Professional office space with open layout, private offices, and kitchenette.
      703 N Larch St, Sisters, OR 97759
      View Details
    • Contact for pricing

      Professional Office in Sisters Industrial

      Professional office space suitable for various business and medical uses.
      703 N Larch St, Sisters, OR 97759
      View Details
    • $500 /Mo

      Downtown Sisters Office/Retail Space

      Professionally managed office/retail space with ample foot traffic.
      178 S Elm St, Sisters, OR 97759
      View Details
    • $1.00 SF/Yr
      35,719 SF

      Modern Industrial Facility in Sisters

      Class A industrial facility with office and warehouse space for lease.
      275 W Lundgren Mill Dr, Sisters, OR 97759
      View Details

    Property Visit Statistics

    • Visits by month
      23.8k
    • Visitors by month
      19.4k
    • Avg Time on site
      10 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1026 Rail Way
    Sisters, OR 97759-9545
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1026 Rail Way, Sisters, OR, 97759
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!