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Property profile & analytics
OFF-MARKET
Estimated value
$9,395,000
Grocery and convenience stores
1360 Plz Blvd, Central Point, OR 97502-2669
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0888075
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1999
Total area
60,239 SF
Lot
7.36 ac (320,602 SF)
Zoning code
C-4
APN
1-0203507
UPID
US71-0888075
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
$12.82M
Comparable Approach
Comparable
$9.64M
Blend (final)
Blend
$9.40M
Owner & transaction history
Albertsons LLC · 3 yrs held
Albertsons LLC
since 2022
7 recorded transactions
Zoning & alternative use
C-4 · Central Point, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$15.2M
+58.8%
Neighborhood: shopping center
$12.5M
+30.6%
Auto repair, garage
$9.7M
+1.7%
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 Central Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Central 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%
$13,890,000
6.5%
$12,820,000
7%
$11,905,000
Alternative Use
Use
Estimation
RETAIL STORES
$9,580,000
Current use
MEDICAL BUILDING
$15,210,000
Change: +59% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,505,000
Change: +31% · Conversion: Moderate
AUTO REPAIR, GARAGE
$9,745,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,750,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$9.40M
Range $8.46M – $10.33M · ±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
$156 / 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
$91,339
Tax year 2023
Assessed value
$5,350,760
Assessed 2023
Previous assessed
$5,104,900
+4.8% YoY
Effective rate
1.71%
On assessed value
Assessed land
$1,418,810
Assessed improvement
$3,931,950
Land market value
$2,125,180
Improvement market value
$4,021,940
Total market value
$6,147,120
Applied tax rate
602.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1999
Heating
NONE
Buildings
2
Total area
60,239 SF
Lot
7.36 ac (320,602 SF)
Zoning code
C-4
APN
1-0203507
UPID
US71-0888075
Jurisdiction
JACKSON
Zoning & alternative use
C-4 · Central Point, OR
Zoning C-4 · permitted uses
C-4 · Central Point, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Central Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$9.6M
MEDICAL BUILDING
Est. value
$15.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.5M
AUTO REPAIR, GARAGE
Est. value
$9.7M
COMMERCIAL (GENERAL)
Est. value
$8.8M
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1999
Heating
NONE
Buildings
2
Lot
7.36 ac
Current owner
From public records · entity-resolved
Albertsons LLC
Entity
Mailing address
250 E PARKCENTER BLVD, BOISE, ID 83706-3940
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Oct 28, 2022
—
Albertsons LLC
Aci Real Estate Spe 130 LLC
Special Warranty Deed
—
Jun 10, 2020
$7,800,000
Aci Real Estate Spe 130 LLC
Abs Or-o LLC
Grant Deed
—
Jan 5, 2018
—
Abs Or-o LLC
—
Loan Modification
related
—
Apr 2, 2013
—
Abs Or-o LLC
New Albertsons INC
Warranty Deed
—
Dec 3, 2012
—
New Albertsons INC
—
Deed Of Trust
related
$1,000,000,000 · Credit Suisse Ag
Aug 24, 1998
$76,050
C A Galpin
Five Star Properties West LLC
Grant Deed
—
Aug 20, 1998
$390,730
C A Galpin
Anhorn Trust
Grant Deed
$500,000 · Timberline Community Bank
Jul 30, 1996
—
Rowe L L Trustee
Rowe,l L
Grant Deed
related
—
Jul 30, 1996
$30,000
Rowe,l L
Anhorn,irene
Grant Deed
related
—
—
—
Abs Or-o LLC
—
Deed Of Trust
related
$850,000,000 · Bank Of America
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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