New search
Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Grocery and convenience stores
145 Monmouth N Ave, Monmouth, OR 97361-1328
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US71-0257571
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1971
Total area
5,538 SF
Lot
0.31 ac (13,504 SF)
Zoning code
CR
APN
08525-AD-03000
UPID
US71-0257571
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
-
La Uvita Feliz Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
Monmouth Limited Liability Company · 6 yrs held
Monmouth Limited Liability Company
since 2019
7 recorded transactions
Zoning & alternative use
CR · Monmouth, 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 Monmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monmouth 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
$785,000
Change: 0% · Conversion: Moderate
RESTAURANT
$750,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$685,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$510,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$500,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$735k
Range $662k – $809k · ±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
$133 / 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
$8,380
Tax year 2023
Assessed value
$459,970
Assessed 2023
Previous assessed
$446,580
+3.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$103,500
Assessed improvement
$356,470
Land market value
$188,300
Improvement market value
$821,890
Total market value
$1,010,190
Applied tax rate
1,347.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1971
Heating
NONE
Buildings
3
Total area
5,538 SF
Lot
0.31 ac (13,504 SF)
Zoning code
CR
APN
08525-AD-03000
UPID
US71-0257571
Jurisdiction
POLK
Zoning & alternative use
CR · Monmouth, OR
Zoning CR · permitted uses
CR · Monmouth, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monmouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$785,000
RESTAURANT
Est. value
$750,000
MEDICAL BUILDING
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$510,000
RETAIL STORES
Est. value
$500,000
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1971
Heating
NONE
Buildings
3
Lot
0.31 ac
Current owner
From public records · entity-resolved
Monmouth Limited Liability Company
Entity
Mailing address
3519 NE 15TH AVE #482, PORTLAND, OR 97212-2356
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
Dec 27, 2019
$1,080,000
Monmouth Limited Liability Company
East Edwards LLC
Warranty Deed
$702,000 · Onpoint Community Cu
Jan 31, 2014
—
East Edwards LLC
East Edwards LLC
Special Warranty Deed
$245,000 · Columbia State Bank
Sep 30, 2004
$350,000
Edwards East
Ash Creek Bible Church
Grant Deed
—
Sep 4, 2001
$299,500
First Baptist Church
Monmouth Christian Church
Grant Deed
related
—
Jun 1, 2001
$1,570,000
Christian Church Monmouth
First Christian Church Monmout
Grant Deed
related
$2,217,000 · Church Development Fund
Jun 8, 1994
$199,500
John S Dickinson
Unknown
Grant Deed
—
—
—
Edwards East
—
Deed Of Trust
related
$500,000 · David B Beckham Psp
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 145 Monmouth N Ave?
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.
