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Property profile & analytics
OFF-MARKET
Estimated value
$485,000
Manufacturing properties
1046 Commerce Ct Silverton, OR 97381-1494
Entity Owned
10-yr Hold
Free & Clear
Property ID
US71-0955152
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2016
Total area
8,000 SF
Lot
0.69 ac (30,056 SF)
Zoning code
IP
APN
061W26A 01402
UPID
US71-0955152
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
$1.82M
Blend (final)
Blend
$485k
Owner & transaction history
H & H Dev LLC · 10 yrs held
H & H Dev LLC
since 2016
4 recorded transactions
Zoning & alternative use
IP · Silverton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to provide for appropriate locations for combining light manufacturing, office and small scale commercial uses (restaurants, personal services and fitness centers) in a campus like setting.
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
123.52 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$2.9M
+98.9%
Medical building
$2.6M
+79.1%
Restaurant
$2.4M
+69.4%
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 Silverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silverton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,435,000
Current use
AUTO REPAIR, GARAGE
$2,855,000
Change: +99% · Conversion: Easy
MEDICAL BUILDING
$2,570,000
Change: +79% · Conversion: Difficult
RESTAURANT
$2,435,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$2,185,000
Change: +52% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,595,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$1,580,000
Change: +10% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,540,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$485k
Range $437k – $534k · ±10%
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
$61 / 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
$11,043
Tax year 2023
Assessed value
$664,010
Assessed 2023
Previous assessed
$644,670
+3.0% YoY
Effective rate
1.66%
On assessed value
Land market value
$112,020
Improvement market value
$1,010,590
Total market value
$1,122,610
Applied tax rate
4,920.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2016
Heating
NONE
Total area
8,000 SF
Lot
0.69 ac (30,056 SF)
Zoning code
IP
APN
061W26A 01402
UPID
US71-0955152
Jurisdiction
MARION
Zoning & alternative use
IP · Silverton, ORZoning IP · permitted uses
IP · Silverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to provide for appropriate locations for combining light manufacturing, office and small scale commercial uses (restaurants, personal services and fitness centers) in a campus like setting.
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
123.52 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.6M
RESTAURANT
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Lot
0.69 ac
Current owner
From public records · entity-resolved
H & H Dev LLC
Entity
Free & Clear · 10 yrs held
Mailing address
379 MONITOR RD, SILVERTON, OR 97381-1212
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2016
—
H & H Dev LLC
—
Deed
related
$400,000 · Willamette Vly Bk
Jul 12, 2016
$38,500
H & H Dev LLC
Hozen Family Trust
Quit Claim Deed
related
—
Mar 25, 2010
—
Hozen Family Trust
Hozen,jim J & Annie
Quit Claim Deed
related
—
—
—
H & H Dev LLC
—
Deed Of Trust
related
$400,000 · Willamette Vly Bk
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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