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Property profile & analytics
OFF-MARKET
Estimated value
$3,005,000
Assisted living facilities
1350 Main St, Sheridan, OR 97378-1012
Entity Owned
~
Est. High Equity
Property ID
US71-0323447
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Lot
3 ac (130,680 SF)
Zoning code
R3
APN
R5634 01001
UPID
US71-0323447
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
-
River Park Senior Living Nursing Home Retirement Community
-
Deer Meadow Assisted Living Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.01M
Owner & transaction history
River Park Hc Investors LLC
River Park Hc Investors LLC
since 2026
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
R3 · Sheridan, 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 Sheridan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheridan 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
$3,035,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.01M
Range $2.70M – $3.31M · ±10% · vs last sale $3.00M (Apr 7 2022)
Last sale anchor
$3.00M
Apr 7 2022
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
—
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
$47,633
Tax year 2023
Assessed value
$3,714,179
Assessed 2023
Previous assessed
$3,605,999
+3.0% YoY
Effective rate
1.28%
On assessed value
Land market value
$380,279
Improvement market value
$3,908,893
Total market value
$4,289,172
Applied tax rate
48.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Heating
NONE
Buildings
1
Lot
3 ac (130,680 SF)
Zoning code
R3
APN
R5634 01001
UPID
US71-0323447
Jurisdiction
YAMHILL
Zoning & alternative use
R3 · Sheridan, OR
Zoning R3 · permitted uses
R3 · Sheridan, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sheridan. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
1
Lot
3 ac
Current owner
From public records · entity-resolved
River Park Hc Investors LLC
Entity
Mailing address
MEDFORD, OR 97501
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
$5,619,700
River Park Hc Investors LLC
Quail Crest Sheridan LLC
Special Warranty Deed
$76,275 · Bokf NA
Apr 1, 2026
—
River Park Hc Investors LLC
—
Deed
related
$76,275 · Bokf NA
Apr 7, 2022
$3,004,623
Quail Crest Sheridan LLC
Sheridan Senior Living LLC
Warranty Deed
$17,719,579 · Old Second National Bank
Jul 2, 2010
—
Dear Meadows LLC
—
Deed Of Trust
related
$128,236,676 · Columbia Pacific Distressed
Jul 14, 2006
—
Deer Meadows LLC
—
Deed Of Trust
related
$128,334,000 · Column Financial INC
Aug 1, 2005
$4,459,010
Deer Meadows LLC
Wr Equities John Day LLC
Grant Deed
—
Oct 8, 1999
—
Wr Equities John Day LLC
Real Estate Exchange INC
Grant Deed
related
—
Apr 15, 1999
$300,000
Real Estate Exchange INC
Collins Trust
Grant Deed
—
—
—
Aspen Foundation III
—
Deed Of Trust
related
$37,919 · Lefor Rapp & Holland
—
—
Deer Meadows LLC
—
Deed Of Trust
related
$33,000 · Fred & Ruth Harder
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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