Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Office buildings
142 Glynbrook N St Keizer, OR 97303-5989
Entity Owned
6-yr Hold
Free & Clear
Property ID
US71-0894866
Property summary
AI-generated overview
This exceptional creative office space at 142 Glynbrook St N in Keizer, Oregon, offers a unique opportunity for businesses seeking a vibrant and functional workspace. The property, situated on a 0.18-acre lot, comprises a two-story building totaling 7,050 square feet, built in 1980 and zoned CR. Currently, there are multiple tenancies, with 318 square feet of immediately available space. The minimum divisible space is 318 square feet, and the maximum contiguous space currently available is also 318 square feet. The building is secured after hours, providing peace of mind for tenants. While the building offers a great mix of existing tenants, it's important to note that there is no elevator. This property is ideally located in Keizer, offering easy access to River Road and other key transportation routes. The property's address is 142 Glynbrook St N, Keizer, OR 97303, and its Marion County APN is R48506. This presents a fantastic opportunity for a small business or individual looking for a well-located, secure, and functional office space. Please respect the privacy of existing tenants and refrain from disturbing them during your visit.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Total area
7,050 SF
Lot
0.18 ac (7,841 SF)
Zoning code
MU
APN
073W11BC03600
UPID
US71-0894866
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
$1.29M
Blend (final)
Blend
$1.29M
Owner & transaction history
Ashlyn Investments LLC · 6 yrs held
Ashlyn Investments LLC
since 2019
7 recorded transactions
Zoning & alternative use
MU · Keizer, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to promote development that combines differing uses (permitted or special permitted) in a single building or complex.
Zone name
Mixed Use
General category
MIXED_USE
Zone area
304.82 ac
Source
Realmo
Top alternative use upside
Restaurant
$2.1M
+11.2%
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
OFFICE BUILDING
$1,930,000
Current use
RESTAURANT
$2,145,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±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
$183 / 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
$8,074
Tax year 2023
Assessed value
$486,750
Assessed 2023
Previous assessed
$472,580
+3.0% YoY
Effective rate
1.66%
On assessed value
Land market value
$64,350
Improvement market value
$1,010,550
Total market value
$1,074,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Heating
NONE
Cooling
YES
Total area
7,050 SF
Lot
0.18 ac (7,841 SF)
Zoning code
MU
APN
073W11BC03600
UPID
US71-0894866
Jurisdiction
MARION
Zoning & alternative use
MU · Keizer, ORZoning MU · permitted uses
MU · Keizer, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to promote development that combines differing uses (permitted or special permitted) in a single building or complex.
Zone name
Mixed Use
General category
MIXED_USE
Zone area
304.82 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
RESTAURANT
Est. value
$2.1M
OFFICE BUILDING Current
RESTAURANT
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
1980
Heating
NONE
Cooling
Yes
Lot
0.18 ac
Current owner
From public records · entity-resolved
Ashlyn Investments LLC
Entity
Free & Clear · 6 yrs held
Mailing address
10220 SW GREENBURG RD STE #111, PORTLAND, OR 97223-5504
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2019
—
Ashlyn Investments LLC
Aldrich Investments LLC
Grant Deed
related
—
Aug 30, 2019
—
Danw Glynbrook Holdings LLC
Ashlyn Invs LLC
Warranty Deed
related
$1,000,000 · Cls Invs
Dec 27, 2007
$1,200,000
Aldrich Investments LLC
Jensen Dev Properties LLC
Warranty Deed
$250,000 · Umpqua Bank
Dec 30, 1987
$265,000
Catholic Community Serv Found
Unknown
Grant Deed
—
—
—
Catholic Community Services
—
Deed Of Trust
related
$560,284 · Linn-benton Bank
—
—
Catholic Community Services
—
Deed Of Trust
related
$195,000 · Umpqua Bank
—
—
Jensen Dev Properties LLC
—
Deed Of Trust
related
$682,500 · West Coast Bank
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 142 Glynbrook N 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.
