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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Apartment buildings
1267 Holman Ave 1, Dallas, OR 97338-2661
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US71-0041145
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Total area
6,888 SF
Lot
0.36 ac (15,682 SF)
Zoning code
RHD
APN
07533-DB-03901
UPID
US71-0041145
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
$1.13M
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$971k
Blend (final)
Blend
$1.07M
Owner & transaction history
Smi Legacy 1267 Se Holman LLC · 2 yrs held
Smi Legacy 1267 Se Holman LLC
since 2023
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
RHD · Dallas, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+31.0%
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
$1,100,000
ML approach
$1,125,000
CAP Approach
CAP Return
Estimation
6%
$1,270,000
6.5%
$1,170,000
7%
$1,090,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,070,000
Current use
OFFICE BUILDING
$1,405,000
Change: +31% · Conversion: Moderate
RETAIL STORES
$910,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±10% · vs last sale $1.03M (Aug 1 2023)
Last sale anchor
$1.03M
Aug 1 2023
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
$155 / 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
$5,746
Tax year 2023
Assessed value
$411,230
Assessed 2023
Previous assessed
$399,260
+3.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$59,080
Assessed improvement
$352,150
Land market value
$168,860
Improvement market value
$445,070
Total market value
$613,930
Applied tax rate
201.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1971
Heating
NONE
Buildings
6
Total area
6,888 SF
Lot
0.36 ac (15,682 SF)
Zoning code
RHD
APN
07533-DB-03901
UPID
US71-0041145
Jurisdiction
POLK
Zoning & alternative use
RHD · Dallas, OR
Zoning RHD · permitted uses
RHD · Dallas, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$910,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
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
1971
Heating
NONE
Buildings
6
Lot
0.36 ac
Current owner
From public records · entity-resolved
Smi Legacy 1267 Se Holman LLC
Entity
Mailing address
3625 RIV RD N STE #125, KEIZER, OR 97303-5985
Ownership since
2023
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
Aug 1, 2023
$1,030,000
Smi Legacy 1267 Se Holman LLC
Texit LLC
Warranty Deed
$638,600 · Selco Community Cu
Jul 30, 2015
$451,000
Texit LLC
Venable,david P & Linda B
Warranty Deed
$260,000 · Maps Cu
Aug 28, 2007
$420,000
David P Venable
Stellingwerf,shana M
Warranty Deed
$336,000 · First Federal Savings Bank
Jul 25, 2006
$377,500
Shana M Stellingwerf
Nashville Real Estate Co INC
Warranty Deed
$225,000 · Pioneer Trust Bank NA
Apr 26, 1991
$130,375
David A Dreiling
Unknown
Grant 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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