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Property profile & analytics
OFF-MARKET
Retail space
118 Main St Union, OR 97883
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1118772
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1898
Total area
4,500 SF
Lot
0.11 ac (4,792 SF)
Zoning code
UN-C1;GENERAL COMMERCIAL
APN
04S4019BB 100
UPID
US71-1118772
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
-
Knights of Pythias Hall Tour Operator
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 Later · 6 yrs held
Matthew Later
since 2020
Last sale
$79,000
2 recorded transactions
Zoning & alternative use
UN-C1;GENERAL COMMERCIAL · Union, 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 Union submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union 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
$1,221
Tax year 2023
Assessed value
$97,100
Assessed 2023
Previous assessed
$97,100
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$22,670
Assessed improvement
$74,430
Land market value
$27,020
Improvement market value
$81,480
Total market value
$108,500
Applied tax rate
50.0000
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
1898
Heating
NONE
Total area
4,500 SF
Lot
0.11 ac (4,792 SF)
Zoning code
UN-C1;GENERAL COMMERCIAL
APN
04S4019BB 100
UPID
US71-1118772
Jurisdiction
UNION
Zoning & alternative use
UN-C1;GENERAL COMMERCIAL · Union, OR
Zoning UN-C1;GENERAL COMMERCIAL · permitted uses
UN-C1;GENERAL COMMERCIAL · Union, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1898
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Matthew Later
Individual
Mailing address
168 S 3RD ST, UNION, OR 97883-9663
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2020
$79,000
Matthew Later
Donna J Koplen
Warranty Deed
$54,000 · Donna Koplen
Oct 7, 2005
$105,000
Donna J Koplen
Jo L Morgan
Warranty 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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