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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Retail properties & Spaces
1335 Candlewood NE Dr Keizer, OR 97303-4128
Entity Owned
9-yr Hold
Free & Clear
Property ID
US71-0318256
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2020
Total area
2,592 SF
Lot
0.18 ac (7,841 SF)
Zoning code
IG
APN
073W11AD02000
UPID
US71-0318256
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
$585k
Blend (final)
Blend
$570k
Owner & transaction history
3033 Se Monroe LLC · 9 yrs held
3033 Se Monroe LLC
since 2017
4 recorded transactions
Zoning & alternative use
IG · Keizer, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$925,000
+123.0%
Medical building
$875,000
+111.1%
Office building
$720,000
+73.4%
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 Keizer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Keizer 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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$415,000
Current use
AUTO REPAIR, GARAGE
$925,000
Change: +123% · Conversion: Difficult
MEDICAL BUILDING
$875,000
Change: +111% · Conversion: Difficult
OFFICE BUILDING
$720,000
Change: +73% · Conversion: Difficult
COMMERCIAL (GENERAL)
$680,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$640,000
Change: +54% · Conversion: Difficult
WAREHOUSE, STORAGE
$505,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$220 / 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
$3,685
Tax year 2023
Assessed value
$222,150
Assessed 2023
Previous assessed
$215,680
+3.0% YoY
Effective rate
1.66%
On assessed value
Land market value
$29,480
Improvement market value
$290,440
Total market value
$319,920
Applied tax rate
24,200.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2020
Heating
NONE
Total area
2,592 SF
Lot
0.18 ac (7,841 SF)
Zoning code
IG
APN
073W11AD02000
UPID
US71-0318256
Jurisdiction
MARION
Zoning & alternative use
IG · Keizer, OR
Zoning IG · permitted uses
IG · Keizer, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Keizer. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$415,000
AUTO REPAIR, GARAGE
Est. value
$925,000
MEDICAL BUILDING
Est. value
$875,000
OFFICE BUILDING
Est. value
$720,000
COMMERCIAL (GENERAL)
Est. value
$680,000
RETAIL STORES
Est. value
$640,000
WAREHOUSE, STORAGE
Est. value
$505,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
2020
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
3033 Se Monroe LLC
Entity
Free & Clear · 9 yrs held
Mailing address
4915 SW GRIFFITH DR STE #300, BEAVERTON, OR 97005-2933
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2017
$200,000
3033 Se Monroe LLC
Morgan,ralph C & Betty L
Grant Deed
—
Dec 22, 2016
$200,000
3303 Se Monroe LLC
Morgan,ralph C & Betty L
Grant Deed
$1,300,000 · Ralph C & Betty L Morgan
Sep 17, 2001
$51,500
Ralph C Morgan
Richardson,connie J & C R
Grant Deed
$55,000 · West Coast Bank
Feb 7, 1984
—
Connie J Et Al Richardson
Unknown
Quit Claim Deed
related
—
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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