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Property profile & analytics
OFF-MARKET
Sports & entertainment properties
11880 Sublimity SE Rd Sublimity, OR 97385-9708
Entity Owned
38-yr Hold
~
Est. High Equity
Property ID
US71-0421303
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2006
Total area
2,688 SF
Lot
18.96 ac (825,898 SF)
Zoning code
P
APN
081W33C 00100
UPID
US71-0421303
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
-
Sublimity Harvest Festival Hotel & Motel Resort
-
Santiam Canyon Stampede DJ & Entertainment
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
Frank Trucking INC · 38 yrs held
Frank Trucking INC
since 1987
6 recorded transactions
Zoning & alternative use
P · Sublimity, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to recognize existing public facility land uses and to provide for the development of public facility services and other public oriented uses.
Zone name
Public And Semi Public
General category
UNKNOWN
Zone area
49.77 ac
Source
Realmo
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 Sublimity submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sublimity 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
$8,349
Tax year 2023
Assessed value
$693,550
Assessed 2023
Previous assessed
$673,350
+3.0% YoY
Effective rate
1.20%
On assessed value
Land market value
$347,670
Improvement market value
$910,490
Total market value
$1,258,160
Applied tax rate
29,588.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2006
Heating
NONE
Buildings
7
Total area
2,688 SF
Lot
18.96 ac (825,898 SF)
Zoning code
P
APN
081W33C 00100
UPID
US71-0421303
Jurisdiction
MARION
Zoning & alternative use
P · Sublimity, ORZoning P · permitted uses
P · Sublimity, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to recognize existing public facility land uses and to provide for the development of public facility services and other public oriented uses.
Zone name
Public And Semi Public
General category
UNKNOWN
Zone area
49.77 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Buildings
7
Lot
18.96 ac
Current owner
From public records · entity-resolved
Frank Trucking INC
Entity
Mailing address
PO BOX 86, SUBLIMITY, OR 97385-0086
Ownership since
1987
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2019
—
Sublimity Harvest Foundation
—
Deed
related
$375,000 · Columbia St Bk
Dec 9, 2004
—
Sublimity Harvest Foundation
—
Trustees Deed
related
$100,000 · West Coast Bank
Nov 20, 1987
$62,500
Frank Trucking INC
Unknown
Grant Deed
—
—
—
Sublimity Harvest Foundation
—
Deed Of Trust
related
$100,000 · West Coast Bank
—
—
Sublimity Harvest Foundation
—
Deed Of Trust
related
$40,000 · Western Fsb
—
—
Sublimity Harvest Foundation
—
Deed Of Trust
related
$375,000 · Columbia St Bk
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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