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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Office Spaces
1332 Shasta Ave Eagle Point, OR 97524-8623
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0597918
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2006
Total area
6,650 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C-2
APN
1-0848019
UPID
US71-0597918
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
-
Kelly Teter, PT, DPT Medical Clinic
-
Providence Primary Care - Eagle Point Medical Clinic
-
Rebecca Mckay Mueller, M.D.,MPH Pediatrician Medical Clinic
-
Angela H. Marcucilli, FNP Pediatrician Physician
-
Timothy J. Muhonen, M.D. Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.05M
Owner & transaction history
Creekside Center LLC · 14 yrs held
Creekside Center LLC
since 2011
7 recorded transactions
Zoning & alternative use
C-2 · Eagle Point, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+32.0%
Medical building
$1.6M
+26.1%
Neighborhood: shopping center
$1.5M
+23.7%
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 Eagle Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagle Point 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%
$1,145,000
6.5%
$1,060,000
7%
$985,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,245,000
Current use
RESTAURANT
$1,640,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$1,570,000
Change: +26% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,540,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$1,160,000
Change: -7% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,075,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±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
$157 / 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
$9,542
Tax year 2023
Assessed value
$680,440
Assessed 2023
Previous assessed
$660,630
+3.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$110,890
Assessed improvement
$569,550
Land market value
$231,570
Improvement market value
$764,790
Total market value
$996,360
Applied tax rate
901.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2006
Heating
CENTRAL
Buildings
2
Total area
6,650 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C-2
APN
1-0848019
UPID
US71-0597918
Jurisdiction
JACKSON
Zoning & alternative use
C-2 · Eagle Point, OR
Zoning C-2 · permitted uses
C-2 · Eagle Point, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eagle Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
RESTAURANT
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
2006
Heating
CENTRAL
Buildings
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Creekside Center LLC
Entity
Free & Clear · 14 yrs held
Mailing address
1801 LIND AVE SW, RENTON, WA 98057-3368
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2011
—
Creekside Center LLC
Creekside Center LLC
Quit Claim Deed
—
May 24, 2011
—
Providence Health & Services-o
Creekside Center LLC
Grant Deed
—
Sep 27, 2006
—
Creekside Center LLC
Malepsy,michael T & Bonnie L
Grant Deed
related
—
Sep 11, 2006
—
Creekside LLC
Malepsy,michael T & Bonnie L
Grant Deed
related
—
Jun 25, 2004
—
Michael T Malepsy
Hunts,tr
Grant Deed
related
$150,000 · Premierwest Bank
Feb 17, 1994
$226,000
Hunts,larry D Trustee
Kimmel,charles E & Maxcine
Grant Deed
related
—
—
—
Hunts,tr
—
Deed Of Trust
related
$150,000 · Shapiro Trust
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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