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Property profile & analytics
OFF-MARKET
Apartment buildings
1077 Airway Rd, Lebanon, OR 97355-1217
Individually Owned
15-yr Hold
Property ID
US71-0510855
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2012
Construction
WOOD FRAME
Total area
828 SF
Lot
0.5 ac (21,780 SF)
APN
12S 02W 15BC 01300
UPID
US71-0510855
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
Steven A King · 15 yrs held
Steven A King
since 2010
7 recorded transactions
Zoning & alternative use
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 Lebanon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lebanon 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
$9,104
Tax year 2023
Assessed value
$430,220
Assessed 2023
Previous assessed
$380,230
+13.1% YoY
Effective rate
2.12%
On assessed value
Land market value
$143,310
Improvement market value
$586,290
Total market value
$729,600
Applied tax rate
917.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2012
Construction
WOOD FRAME
Heating
GAS
Stories
1
Rooms
4
Bathrooms
4
Total area
828 SF
Lot
0.5 ac (21,780 SF)
APN
12S 02W 15BC 01300
UPID
US71-0510855
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2012
Construction
WOOD FRAME
Heating
GAS
Stories
1
Rooms
4
Bathrooms
4
Lot
0.5 ac
Current owner
From public records · entity-resolved
Steven A King
Individual
Mailing address
PO BOX 2586, LEBANON, OR 97355-0030
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2019
—
Steven A King
—
Deed
related
$160,000 · Central Willamette Cmnty Cu
Mar 15, 2018
—
Steven A King
—
Deed
related
$65,000 · Central Willamette Cmnty Cu
Jul 8, 2010
$54,000
Steven A King
King,michelle D
Quit Claim Deed
related
—
Jun 3, 2008
$102,000
Steven A King
Dahlquist,gary L & Alisa
Warranty Deed
—
Oct 7, 2004
—
Gary L Dahlquist
Dahlquist,gary L
Quit Claim Deed
related
$98,000 · American Home Mtg Acceptance
Jun 2, 2004
$90,000
Gary L Dahlquist
Airport Trust
Grant Deed
—
Jun 2, 2004
$67,400
Aiport,tr
Wilson,jeffrey R
Grant Deed
—
—
—
Jeffery R Wilson
—
Deed Of Trust
related
$60,500 · Washington Mutual Fsb
—
—
Steven A King
—
Deed Of Trust
related
$160,000 · Central Willamette Cmnty Cu
—
—
Steven A King
—
Deed Of Trust
related
$65,000 · Central Willamette Cmnty Cu
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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