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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Strip malls
11264 Hwy 62, Eagle Point, OR 97524-9465
Trust Owned
9-yr Hold
~
Est. High Equity
Property ID
US71-0641292
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Total area
3,008 SF
Lot
0.75 ac (32,670 SF)
Zoning code
C-4
APN
1-0581667
UPID
US71-0641292
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
$685k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
Thompson,thor Living Trust · 9 yrs held
Thompson,thor Living Trust
since 2016
7 recorded transactions
Zoning & alternative use
C-4 · Eagle Point, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$710,000
+1.9%
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 Eagle Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagle Point 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%
$740,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$695,000
Current use
MEDICAL BUILDING
$710,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$565,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$219 / 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
$13,028
Tax year 2023
Assessed value
$928,950
Assessed 2023
Previous assessed
$901,900
+3.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$183,560
Assessed improvement
$745,390
Land market value
$233,540
Improvement market value
$948,420
Total market value
$1,181,960
Applied tax rate
901.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Heating
NONE
Buildings
2
Total area
3,008 SF
Lot
0.75 ac (32,670 SF)
Zoning code
C-4
APN
1-0581667
UPID
US71-0641292
Jurisdiction
JACKSON
Zoning & alternative use
C-4 · Eagle Point, OR
Zoning C-4 · permitted uses
C-4 · Eagle Point, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eagle Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$695,000
MEDICAL BUILDING
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$565,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
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
2002
Heating
NONE
Buildings
2
Lot
0.75 ac
Current owner
From public records · entity-resolved
Thompson,thor Living Trust
Trust
Mailing address
PO BOX 1184, EAGLE POINT, OR 97524-1184
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2016
—
Thompson,thor Living Trust
Thompson,thor
Quit Claim Deed
related
—
Sep 25, 2002
—
Thor Thompson
—
Trustees Deed
related
$450,000 · Premierwest Bank
Sep 12, 2002
—
Thor Thompson
Building Exchange Co
Grant Deed
related
—
Aug 31, 2001
$100,000
Building Exchange Co
Miller,minerva B
Grant Deed
$145,000 · Barry M & Gloria L
Nov 16, 1998
—
Minerva B Miller
Henyfel Properties INC
Grant Deed
related
—
Apr 17, 1995
—
Henyfel Properties INC
Miller,minerva B
Grant Deed
related
—
Sep 3, 1991
$30,000
Minerva B Miller
Kimbrough,marion L
Grant Deed
related
—
May 14, 1986
—
—
Kimbrough,marion L
Grant Deed
related
—
Jan 24, 1986
—
Kimbrough,marion L
Kimbrough,marion L & Della V
Grant Deed
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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