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Property profile & analytics
OFF-MARKET
Warehouses
1233 12th Ave Mcminnville, OR 97128-4034
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0200351
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1940
Total area
950 SF
Lot
0.11 ac (5,001 SF)
Zoning code
M1
APN
R4416DC 06301
UPID
US71-0200351
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
-
Jeremy Rhodes Construction Roofing Company General Contractor
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
Sean R D Fitzgerald · 7 yrs held
Sean R D Fitzgerald
since 2018
6 recorded transactions
Zoning & alternative use
M1 · 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
$2,212
Tax year 2023
Assessed value
$130,880
Assessed 2023
Previous assessed
$127,068
+3.0% YoY
Effective rate
1.69%
On assessed value
Land market value
$55,910
Improvement market value
$343,450
Total market value
$399,360
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1940
Heating
BASEBOARD
Stories
1
Bathrooms
1
Total area
950 SF
Lot
0.11 ac (5,001 SF)
Zoning code
M1
APN
R4416DC 06301
UPID
US71-0200351
Jurisdiction
YAMHILL
Zoning & alternative use
M1 · Mcminnville, ORZoning M1 · permitted uses
M1 · Mcminnville, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1940
Heating
BASEBOARD
Stories
1
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Sean R D Fitzgerald
Individual
Mailing address
637 SW KECK DR UNIT #114, MCMINNVILLE, OR 97128-6691
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Nov 21, 2018
$384,000
Sean R D Fitzgerald
Wallace Family Trust
Grant Deed
$300,000 · Wallace Family Trust (pt)
Oct 26, 2005
—
Wallace Family Trust
Wallace,andrew J & Joan L
Quit Claim Deed
related
—
Jan 14, 2000
$160,000
Andrew J Wallace
Maloney,william C
Grant Deed
$112,000 · First Federal Savings & Loan
Feb 1, 1999
$138,104
William C Maloney
Osborne,gregory C
Trustees Deed
—
Jan 16, 1996
$149,500
Gregory C Osborne
Maloney,william C
Grant Deed
$129,500 · Seller
—
—
Wallace Family Trust
—
Deed Of Trust
related
$120,500 · First Federal Savings Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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