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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1121 Main St Milton Freewater, OR 97862-1535
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US71-1765346
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1980
Total area
2,832 SF
Lot
0.3 ac (13,200 SF)
Zoning code
C-2
APN
5N3512DB01300
UPID
US71-1765346
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
-
Sam's Stop & Shop Grocery & Convenience Store
-
Sam's Stop And Shop Grocery & Convenience Store
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
Ajr LLC · 18 yrs held
Ajr LLC
since 2008
2 recorded transactions
Zoning & alternative use
C-2 · Milton Freewater, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The general commercial zone provides for commercial service such as auto repair and building supply outlets which involve more outside storage and heavier traffic than C-1 uses.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
51.67 ac
Source
Realmo
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 Milton Freewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton Freewater 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
$3,537
Tax year 2023
Assessed value
$203,350
Assessed 2023
Previous assessed
$197,430
+3.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$118,400
Assessed improvement
$84,950
Land market value
$103,150
Improvement market value
$136,920
Total market value
$240,070
Applied tax rate
701.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1980
Heating
NONE
Total area
2,832 SF
Lot
0.3 ac (13,200 SF)
Zoning code
C-2
APN
5N3512DB01300
UPID
US71-1765346
Jurisdiction
UMATILLA
Zoning & alternative use
C-2 · Milton Freewater, ORZoning C-2 · permitted uses
C-2 · Milton Freewater, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The general commercial zone provides for commercial service such as auto repair and building supply outlets which involve more outside storage and heavier traffic than C-1 uses.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
51.67 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Lot
0.3 ac
Current owner
From public records · entity-resolved
Ajr LLC
Entity
Mailing address
3615 S SULLIVAN RD, SPOKANE VALLEY, WA 99037-5006
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2008
$490,000
Ajr LLC
Jo By Enterprises LLC
Warranty Deed
$503,900 · Banner Bank
Aug 21, 2006
$153,524
Jo By Enterprises LLC
Ronald R Armacost
Warranty Deed
$17,882,000 · Wells Fargo Bank NA
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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