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Property profile & analytics
OFF-MARKET
Auto shops
115 Frnt St Merrill, OR 97633-3319
Individually Owned
Free & Clear
Property ID
US71-0597783
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Total area
5,500 SF
Lot
0.13 ac (5,663 SF)
Zoning code
C
APN
R-4110-012BB-01700-000
UPID
US71-0597783
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
MATTHEW T HUGHES
MATTHEW T HUGHES
Zoning & alternative use
C · Merrill, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
he zoning map of the city and becomes a part of the chapter. (Ord. 231, passed 2-12-1980) § 155.021 ZONE CLASSIFICATIONS. (A) The city may be divided into the following zones. Zone Designation Old Zone Number Commercial C 2 Industrial I 3 Open Space/Public Facilities Residential R 1 (B) A certified copy of the adopted zoning map and any subsequent amendment…
Zone name
Commercial
General category
COMMERCIAL
Zone area
61.63 ac
Source
CHAPTER 155 ZONING
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 Merrill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Merrill 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
$1,134
Tax year 2023
Assessed value
$89,490
Assessed 2023
Previous assessed
$83,070
+7.7% YoY
Effective rate
1.27%
On assessed value
Land market value
$22,760
Improvement market value
$110,820
Total market value
$133,580
Applied tax rate
228.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Heating
BASEBOARD
Cooling
WALL UNIT
Bathrooms
1
Total area
5,500 SF
Lot
0.13 ac (5,663 SF)
Zoning code
C
APN
R-4110-012BB-01700-000
UPID
US71-0597783
Jurisdiction
KLAMATH
Zoning & alternative use
C · Merrill, ORZoning C · permitted uses
C · Merrill, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
he zoning map of the city and becomes a part of the chapter. (Ord. 231, passed 2-12-1980) § 155.021 ZONE CLASSIFICATIONS. (A) The city may be divided into the following zones. Zone Designation Old Zone Number Commercial C 2 Industrial I 3 Open Space/Public Facilities Residential R 1 (B) A certified copy of the adopted zoning map and any subsequent amendment thereof will be maintained in the office of the City Recorder. (Ord. 231, passed
Zone name
Commercial
General category
COMMERCIAL
Zone area
61.63 ac
Source
CHAPTER 155 ZONING
Building & site characteristics
From public records
Heating
BASEBOARD
Cooling
Yes
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
MATTHEW T HUGHES
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 707, MERRILL, OR 97633-0707
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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