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Property profile & analytics
OFF-MARKET
Commercial real estate
10501 Washburn Way Klamath Falls, OR 97603-8626
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1455350
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1965
Total area
29,032 SF
Lot
8 ac (348,480 SF)
Zoning code
R2
APN
R-3909-03400-01600-000
UPID
US71-1455350
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
Current use
Occupant on record · Public records
-
Klamath County School District School District Office
-
Falcon Heights School High School
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
Gemechis Abdissa · 1 yrs held
Gemechis Abdissa
since 2024
Last sale
$300,000
4 recorded transactions
Zoning & alternative use
R2 · Klamath Falls, OR
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 Klamath Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Klamath Falls 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
$6,431
Tax year 2023
Assessed value
$587,890
Assessed 2023
Previous assessed
$367,080
+60.2% YoY
Effective rate
1.09%
On assessed value
Land market value
$124,290
Improvement market value
$468,410
Total market value
$592,700
Applied tax rate
164.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1965
Heating
NONE
Total area
29,032 SF
Lot
8 ac (348,480 SF)
Zoning code
R2
APN
R-3909-03400-01600-000
UPID
US71-1455350
Jurisdiction
KLAMATH
Zoning & alternative use
R2 · Klamath Falls, OR
Zoning R2 · permitted uses
R2 · Klamath Falls, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Klamath Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Lot
8 ac
Current owner
From public records · entity-resolved
Gemechis Abdissa
Individual
Mailing address
963 JEFFERSON ST, BENICIA, CA 94510-2947
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 24, 2024
$300,000
Gemechis Abdissa
S Daivd Ent Klamath Falls Prop LLC
Deed
related
$150,000 · Roger A Knox Trust
Oct 22, 2024
$300,000
Gemechis Abdissa
S David Ent Klamath Falls Prop LLC
Warranty Deed
$150,000 · Roger A Knox Trust
May 18, 2020
$310,000
S David Ents Klamath Falls Pro
Klamath Cnty School District
Warranty Deed
related
—
Sep 15, 2017
$310,000
S David Ents Klamath Falls Pro
Klamath County School District
Warranty Deed
—
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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