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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Office Spaces
117 8th St, Mcminnville, OR 97128-5560
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0253059
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Lot
0.17 ac (7,340 SF)
Zoning code
C
APN
R4420AA 08400
UPID
US71-0253059
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
-
Dawn L. Yelk, LCSW Physician
-
Kathryn L. Strobel, LCSW Physician
-
Thrive Integrative Psychiatry and TMS Physician
-
Joshua T. Payton, Psy.D. Physician Medical Clinic
-
Nelson Nancy Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Valentine Group LLC · 1 yrs held
Valentine Group LLC
since 2025
Last sale
$625,000
5 recorded transactions
Zoning & alternative use
C · Mcminnville, 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 Mcminnville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcminnville 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
$5,253
Tax year 2023
Assessed value
$310,798
Assessed 2023
Previous assessed
$301,746
+3.0% YoY
Effective rate
1.69%
On assessed value
Land market value
$153,218
Improvement market value
$413,815
Total market value
$567,033
Applied tax rate
40.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.17 ac (7,340 SF)
Zoning code
C
APN
R4420AA 08400
UPID
US71-0253059
Jurisdiction
YAMHILL
Zoning & alternative use
C · Mcminnville, OR
Zoning C · permitted uses
C · Mcminnville, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcminnville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Valentine Group LLC
Entity
Mailing address
117 NW 8TH ST, MCMINNVILLE, OR 97128-5560
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
$625,000
Valentine Group LLC
Jambo LLC
Bargain & Sale Deed
$485,000 · Jambo LLC
Sep 10, 2013
—
Jambo LLC
—
Trustees Deed
related
$224,700 · Citizens Federal Bank Fsb
Mar 15, 2013
$185,000
Jambo LLC
Mcintyre,jo
Warranty Deed
$121,823 · Citizens Federal Bank Fsb
Feb 1, 2008
—
Bertha J Deforest
Deforest,robert
Quit Claim Deed
related
—
Jun 12, 1997
$38,000
Robert A Deforest
Smith Trust
Grant Deed
—
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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