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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Retail space
11175 Pacific Coast Hwy, Seal Rock, OR 97376-9767
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US71-0561971
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
WOOD
Total area
2,350 SF
Lot
1.26 ac (54,886 SF)
Zoning code
C-T;TIMBER CONSERVATION
APN
12-12-25-AA-00200-00
UPID
US71-0561971
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
-
Ocean Beaches Glassblowing & Gallery Art Gallery Glass Blower
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$559k
Blend (final)
Blend
$560k
Owner & transaction history
Robert J Meyer · 21 yrs held
Robert J Meyer
since 2005
4 recorded transactions
Zoning & alternative use
C-T;TIMBER CONSERVATION · Seal Rock, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$725,000
+75.0%
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 Seal Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seal Rock 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
RETAIL STORES
$415,000
Current use
COMMERCIAL (GENERAL)
$725,000
Change: +75% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$238 / 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
$4,312
Tax year 2023
Assessed value
$314,970
Assessed 2023
Previous assessed
$305,800
+3.0% YoY
Effective rate
1.37%
On assessed value
Land market value
$203,450
Improvement market value
$257,960
Total market value
$461,410
Applied tax rate
187.0000
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
Year built
2007
Construction
WOOD
Heating
FORCED AIR
Buildings
3
Bathrooms
2
Total area
2,350 SF
Lot
1.26 ac (54,886 SF)
Zoning code
C-T;TIMBER CONSERVATION
APN
12-12-25-AA-00200-00
UPID
US71-0561971
Jurisdiction
LINCOLN
Zoning & alternative use
C-T;TIMBER CONSERVATION · Seal Rock, OR
Zoning C-T;TIMBER CONSERVATION · permitted uses
C-T;TIMBER CONSERVATION · Seal Rock, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seal Rock. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$415,000
COMMERCIAL (GENERAL)
Est. value
$725,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
2007
Construction
WOOD
Heating
FORCED AIR
Buildings
3
Bathrooms
2
Lot
1.26 ac
Current owner
From public records · entity-resolved
Robert J Meyer
Individual
Mailing address
11175 NW PACIFIC COAST HWY, SEAL ROCK, OR 97376-9767
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
May 12, 2016
—
Robert J Meyer
—
Deed
related
—
Nov 19, 2015
—
Robert J Meyer
—
Trustees Deed
related
$130,000 · Oregon Coast Bk
Apr 22, 2005
$130,000
Robert J Meyer
Owens,doneen R
Warranty Deed
$88,776 · Doneen R Owens
—
—
Robert J Meyer
—
Loan Modification
related
—
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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