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Property profile & analytics
OFF-MARKET
Commercial real estate
1140 Marlin Ave, Warrenton, OR 97146-9617
Individually Owned
1-yr Hold
Free & Clear
Property ID
US71-1073905
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1977
Lot
0.21 ac (9,148 SF)
APN
81027AB05400
UPID
US71-1073905
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
-
Guadalajara Combo Restaurant
-
The Hideaway Cafe & Bar Restaurant
-
My Place Cafe & Coffee Shop
-
Bike Envy (Bike/Boat/Book/etc) Store
-
Sierra Springs warehouse Warrenton Warehouse & Storage
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
Scott Royal Smith · 1 yrs held
Scott Royal Smith
since 2025
4 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 Warrenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warrenton 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
$2,035
Tax year 2023
Assessed value
$153,579
Assessed 2023
Previous assessed
$149,107
+3.0% YoY
Effective rate
1.33%
On assessed value
Land market value
$246,595
Improvement market value
$147,539
Total market value
$394,134
Applied tax rate
3,004.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1977
Heating
BASEBOARD
Cooling
NONE
Buildings
2
Lot
0.21 ac (9,148 SF)
APN
81027AB05400
UPID
US71-1073905
Jurisdiction
CLATSOP
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
1977
Heating
BASEBOARD
Cooling
Yes
Buildings
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Scott Royal Smith
Individual
Free & Clear · 1 yrs held
Mailing address
1140 SE MARLIN AVE, WARRENTON, OR 97146-9617
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Jun 17, 2025
—
Scott Royal Smith
Bacon Properties LLC
Warranty Deed
—
Dec 29, 2011
$276,500
Bacon Properties LLC
Van Jewell LLC
Warranty Deed
$248,850 · Van Jewell LLC
Apr 28, 2006
—
Van Jewell LLC
Vanosdol,david & Sherry
Grant Deed
related
—
—
—
Bacon Properties LLC
—
Deed Of Trust
related
$220,000 · Bank Of The Pacific
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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