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Property profile & analytics
OFF-MARKET
Estimated value
$1,770,000
Showrooms
12174 Ehlen NE Rd Aurora, OR 97002-8672
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US71-0854931
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1997
Total area
10,320 SF
Lot
0.72 ac (31,363 SF)
Zoning code
ID
APN
041W09DC00200
UPID
US71-0854931
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
$1.77M
Blend (final)
Blend
$1.77M
Owner & transaction history
Wsw LLC · 15 yrs held
Wsw LLC
since 2011
7 recorded transactions
Zoning & alternative use
ID · Aurora, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.8M
+37.0%
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 Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,060,000
Current use
OFFICE BUILDING
$2,820,000
Change: +37% · Conversion: Easy
RETAIL STORES
$2,035,000
Change: -1% · Conversion: Easy
WAREHOUSE, STORAGE
$1,985,000
Change: -4% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,855,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$1.77M
Range $1.59M – $1.95M · ±10%
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
$172 / 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
$6,399
Tax year 2023
Assessed value
$572,790
Assessed 2023
Previous assessed
$556,110
+3.0% YoY
Effective rate
1.12%
On assessed value
Land market value
$231,500
Improvement market value
$1,329,720
Total market value
$1,561,220
Applied tax rate
16,560.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1997
Heating
NONE
Buildings
2
Stories
1
Total area
10,320 SF
Lot
0.72 ac (31,363 SF)
Zoning code
ID
APN
041W09DC00200
UPID
US71-0854931
Jurisdiction
MARION
Zoning & alternative use
ID · Aurora, ORZoning ID · permitted uses
ID · Aurora, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.8M
RETAIL STORES
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
1
Buildings
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Wsw LLC
Entity
Mailing address
29025 SW TOWN CTR LOOP W, WILSONVILLE, OR 97070-9475
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2024
—
Wsw LLC
—
Deed
related
$920,000 · Citizens Bank
Jun 9, 2017
—
Wsw LLC
—
Deed
related
$744,915 · Citizens Bk
May 10, 2011
$1,000,000
Wsw LLC
Meirow,james F & Judith
Warranty Deed
$500,000 · Wells Fargo Bank
Sep 15, 2006
$850,000
James F Meirow
Sharp Jerold L & S A Trust
Warranty Deed
—
Jan 26, 1995
$170,000
Sharp Trust
Nofzinger,ric E
Grant Deed
$90,000 · Seller
—
—
Ric E Nofzinger
—
Deed Of Trust
related
$63,000 · Fink Trust
—
—
Sharp Trust
—
Deed Of Trust
related
$220,000 · Us Bank
—
—
Wsw LLC
—
Deed Of Trust
related
$744,915 · Citizens Bk
—
—
Wsw LLC
—
Deed Of Trust
related
$412,000 · Northwest Busn Dev Assn
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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