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Property profile & analytics
OFF-MARKET
Estimated value
$1,680,000
Retail space
115 State St, Hood River, OR 97031-2402
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0622388
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1889
Total area
1,560 SF
Lot
0.02 ac (871 SF)
Zoning code
C2
APN
3N10E25DC 5600
UPID
US71-0622388
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
$1.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.68M
Owner & transaction history
Di Lenzi LLC · 3 yrs held
Di Lenzi LLC
since 2023
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
C2 · Hood River, OR
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 Hood River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hood River 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
$1,810,000
ML approach
$1,730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.68M
Range $1.51M – $1.85M · ±10% · vs last sale $1.59M (Apr 5 2023)
Last sale anchor
$1.59M
Apr 5 2023
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
$1,077 / 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
$7,132
Tax year 2023
Assessed value
$519,060
Assessed 2023
Previous assessed
$519,490
-0.1% YoY
Effective rate
1.37%
On assessed value
Assessed land
$219,150
Assessed improvement
$299,910
Land market value
$219,150
Improvement market value
$299,910
Total market value
$519,060
Applied tax rate
1.0000
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
1889
Heating
NONE
Buildings
2
Total area
1,560 SF
Lot
0.02 ac (871 SF)
Zoning code
C2
APN
3N10E25DC 5600
UPID
US71-0622388
Jurisdiction
HOOD RIVER
Zoning & alternative use
C2 · Hood River, OR
Zoning C2 · permitted uses
C2 · Hood River, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hood River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1889
Heating
NONE
Buildings
2
Lot
0.02 ac
Current owner
From public records · entity-resolved
Di Lenzi LLC
Entity
Mailing address
610 RHODODENDRON DR, QUILCENE, WA 98376-9645
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2023
—
Di Lenzi LLC
Maclenzi LLC
Intrafamily Transfer
related
$1,785,000 · Cetan Funds LLC
Dec 16, 2021
$1,590,000
Di Lenzi LLC
Maccabee Holdings LLC
Warranty Deed
$1,340,000 · Maccabee Holdings LLC
Oct 27, 2021
—
Horse Sense Land And Development Co
City Of Hood River
Quit Claim Deed
related
—
Mar 1, 2021
$500,000
Maccabee Holdings LLC
Horse Sense Land & Development Comp
Warranty Deed
—
Jul 9, 2015
—
Horse Sense Land & Dev Co
Freedman,robyn
Quit Claim Deed
related
—
Jun 10, 2015
—
Horse Sense Land & Dev Co
City Of Hood River
Quit Claim Deed
related
—
May 5, 2015
—
Diana Gallardo
Cron Beverly J
Warranty Deed
related
—
Apr 24, 2015
—
Horse Sense Land & Dev Co
Orzeck Randy
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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