New search
Property profile & analytics
OFF-MARKET
Commercial real estate
1415 Washington St, Oregon City, OR 97045-1650
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-1848153
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1910
Total area
1,455 SF
Lot
0.13 ac (5,526 SF)
Zoning code
MUD
APN
22E30DD01400
UPID
US71-1848153
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Peterson Tax Corporation · 1 yrs held
Peterson Tax Corporation
since 2024
Last sale
$439,000
7 recorded transactions
Zoning & alternative use
MUD · Oregon City, 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 Oregon City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oregon City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$4,202
Tax year 2023
Assessed value
$223,398
Assessed 2023
Previous assessed
$216,892
+3.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$195,616
Improvement market value
$98,840
Total market value
$294,456
Applied tax rate
62.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1910
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Total area
1,455 SF
Lot
0.13 ac (5,526 SF)
Zoning code
MUD
APN
22E30DD01400
UPID
US71-1848153
Jurisdiction
CLACKAMAS
Zoning & alternative use
MUD · Oregon City, OR
Zoning MUD · permitted uses
MUD · Oregon City, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oregon City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Heating
FLOOR/WALL FURNACE
Stories
1
Bathrooms
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Peterson Tax Corporation
Entity
Mailing address
1415 SE WASHINGTON ST, OREGON CITY, OR 97045-1650
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2024
$439,000
Peterson Tax Corporation
Colleen D Spurgeon
Warranty Deed
$320,000 · Bank Of America NA
Nov 16, 2022
$175,000
Lee A Spurgeon
Marlin A Love
Bargain And Sale Deed
—
Sep 8, 2003
$160,000
Richard S Love
Deutsche Bank Tt America Ttee
Grant Deed
related
$130,000 · Wells Fargo Bank
Apr 30, 2002
$180,000
Charles F Tummino
Erp,john M
Grant Deed
related
$162,000 · Homecomings Financial Network
Mar 30, 2001
—
Charles F Tummino
Erp,john M
Grant Deed
related
—
Jan 22, 2001
$18,300
Jerry Dearmond
Erp,john M
Grant Deed
related
—
Dec 29, 1999
$70,000
John M Erp
Hernandez,miriam
Grant Deed
related
$49,000 · Us Bank
Jun 1, 1992
$38,600
Clackamas County
Unknown
Grant Deed
related
—
—
—
Richard S Love
—
Deed Of Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1415 Washington St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.