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Property profile & analytics
OFF-MARKET
Golf courses & driving ranges
125 Country Clb Ln Albany, OR 97321
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US71-0650369
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1959
Total area
1,822 SF
Lot
0.51 ac (22,216 SF)
Zoning code
RR,RS-10
APN
10331BD00800
UPID
US71-0650369
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Morse-hays LLC · 21 yrs held
Morse-hays LLC
since 2005
5 recorded transactions
Zoning & alternative use
RR,RS-10 · Albany, OR
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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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
$201
Tax year 2023
Assessed value
$11,491
Assessed 2023
Previous assessed
$11,491
+0.0% YoY
Effective rate
1.75%
On assessed value
Land market value
$9,331
Improvement market value
$2,160
Total market value
$11,491
Applied tax rate
801.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1959
Heating
ELECTRIC
Bathrooms
1
Total area
1,822 SF
Lot
0.51 ac (22,216 SF)
Zoning code
RR,RS-10
APN
10331BD00800
UPID
US71-0650369
Jurisdiction
BENTON
Zoning & alternative use
RR,RS-10 · Albany, ORZoning RR,RS-10 · permitted uses
RR,RS-10 · Albany, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Building & site characteristics
From public records
Year built
1959
Heating
ELECTRIC
Bathrooms
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Morse-hays LLC
Entity
Mailing address
PO BOX 907, CORVALLIS, OR 97339-0907
Ownership since
2005
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
Jan 3, 2005
$4,559,012
Morse-hays LLC
Spring Hill Country Club INC
Grant Deed
$2,400,000 · Citizens Federal Bank Fsb
Aug 31, 1999
—
Springhill Country Club INC
Gehrke,ricky A & Lisa S
Grant Deed
related
—
Dec 25, 1995
$166,680
Ricky A Gehrke
Heck,franklin R & Merla H
Grant Deed
$92,093 · Seller
—
—
Morse Hays LLC
—
Deed Of Trust
related
$2,403,922 · Steven G Morse
—
—
Ricky A Gehrke
—
Deed Of Trust
related
$167,600 · Provident 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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