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Property profile & analytics
OFF-MARKET
Estimated value
$35,275,000
Medical Office Space
1475 Mt Hood Ave, Woodburn, OR 97071-9066
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-0056043
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1991
Total area
82,150 SF
Lot
7.05 ac (307,098 SF)
Zoning code
CG
APN
051W08B 02800
UPID
US71-0056043
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
-
Labcorp at Legacy Woodburn Health Center Medical Laboratory
-
Eleanor Zawada, MD Physician
-
PT Northwest Physician
-
Timothy Ericson, FNP Physician
-
John Sauer, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$26.41M
Blend (final)
Blend
$35.28M
Owner & transaction history
Tana J Triplett · 4 yrs held
Tana J Triplett
since 2022
Last sale
$39.5M
7 recorded transactions
Zoning & alternative use
CG · Woodburn, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$29.3M
+11.1%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$26,405,000
Current use
AUTO REPAIR, GARAGE
$29,330,000
Change: +11% · Conversion: Difficult
RESTAURANT
$24,980,000
Change: -5% · Conversion: Difficult
OFFICE BUILDING
$22,460,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$35.28M
Range $31.75M – $38.80M · ±10% · vs last sale $39.53M (Jun 30 2022)
Last sale anchor
$39.53M
Jun 30 2022
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
$429 / 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
Land market value
$2,533,560
Improvement market value
$16,400,570
Total market value
$18,934,130
Applied tax rate
3,039.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1991
Heating
NONE
Stories
1
Total area
82,150 SF
Lot
7.05 ac (307,098 SF)
Zoning code
CG
APN
051W08B 02800
UPID
US71-0056043
Jurisdiction
MARION
Zoning & alternative use
CG · Woodburn, OR
Zoning CG · permitted uses
CG · 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
MEDICAL BUILDING Current
Est. value
$26.4M
AUTO REPAIR, GARAGE
Est. value
$29.3M
RESTAURANT
Est. value
$25.0M
OFFICE BUILDING
Est. value
$22.5M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
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
1991
Heating
NONE
Stories
1
Lot
7.05 ac
Current owner
From public records · entity-resolved
Tana J Triplett
Individual
Mailing address
225 OTTLEY DR NE STE #140, ATLANTA, GA 30324-4029
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
Jun 30, 2022
—
Tana J Triplett
Webstar V LLC
Bargain And Sale Deed
—
Nov 15, 2016
—
Webstar V LLC
—
Deed
related
$10,600,000 · Wells Fargo Bk
Jan 11, 2013
—
Webstar V LLC
—
Grant Deed
related
$2,462,000 · Us Bank NA
Feb 15, 2006
—
Webstar V LLC
—
Grant Deed
related
$11,750,000 · Us Bank NA
Jul 19, 2004
$2,400,000
Webstar V LLC
Conseco Insurance Co
Grant Deed
$900,000 · West Coast Bank
Apr 16, 2004
—
Conseco Insurance Co
Zenith Strategic Income T
Grant Deed
related
—
—
—
Webstar V LLC
—
Deed Of Trust
related
$1,300,000 · West Coast Bank
—
—
Webstar V LLC
—
Deed Of Trust
related
—
—
—
Webstar V LLC
—
Loan Modification
related
$2,309,603 · Us Bank NA
—
—
Webstar V LLC
—
Deed Of Trust
related
$10,600,000 · Wells Fargo 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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