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Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Manufacturing properties
1365 Frnt St, Woodburn, OR 97071-3225
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-0090119
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1964
Total area
10,932 SF
Lot
0.7 ac (30,492 SF)
Zoning code
RM
APN
051W07DA00700
UPID
US71-0090119
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
$1.46M
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.59M
Owner & transaction history
Itiels Real Estate LLC · 4 yrs held
Itiels Real Estate LLC
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
RM · Woodburn, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.2M
+9.9%
Warehouse, storage
$2.1M
+7.1%
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 Woodburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodburn 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%
$1,580,000
6.5%
$1,460,000
7%
$1,355,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,960,000
Current use
RETAIL STORES
$2,155,000
Change: +10% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,100,000
Change: +7% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,960,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±10% · vs last sale $1.70M (Dec 29 2021)
Last sale anchor
$1.70M
Dec 29 2021
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
$145 / 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
$5,149
Tax year 2023
Assessed value
$260,220
Assessed 2023
Previous assessed
$252,650
+3.0% YoY
Effective rate
1.98%
On assessed value
Land market value
$136,350
Improvement market value
$164,980
Total market value
$301,330
Applied tax rate
3,930.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1964
Heating
NONE
Stories
1
Total area
10,932 SF
Lot
0.7 ac (30,492 SF)
Zoning code
RM
APN
051W07DA00700
UPID
US71-0090119
Jurisdiction
MARION
Zoning & alternative use
RM · Woodburn, OR
Zoning RM · permitted uses
RM · Woodburn, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.0M
RETAIL STORES
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.0M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
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
1964
Heating
NONE
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Itiels Real Estate LLC
Entity
Mailing address
PO BOX 1139, WOODBURN, OR 97071-1139
Ownership since
2021
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
Dec 29, 2021
$1,700,000
Itiels Real Estate LLC
1365 N Front LLC
Warranty Deed
$1,566,600 · Wells Fargo National Bank West
Oct 25, 2017
—
1365 N Front LLC
Christin,john
Warranty Deed
related
—
Nov 29, 2016
—
John Christin
—
Deed
related
$483,750 · Columbia St Bk
Jun 24, 2013
$250,000
John Christin
Warnick,richard H & Leslie L
Warranty Deed
—
Feb 25, 2005
—
Richard H Warnick
Warnick,richard H
Quit Claim Deed
related
$300,000 · Umpqua Bank
Dec 7, 2004
—
Wellman Family LLC
Wellman,richard
Quit Claim Deed
related
—
Feb 5, 2004
$222,000
Richard Warnick
Wellman,richard J
Grant Deed
—
Jan 8, 1980
$45,000
Richard J Wellman
Unknown
Grant Deed
—
—
—
John Christin
—
Deed Of Trust
related
$187,000 · Columbia St Bk
—
—
John Christin
—
Loan Modification
related
$483,750 · Columbia St Bk
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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