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Property profile & analytics
OFF-MARKET
Retail space
148 Brg St, Sheridan, OR 97378-1800
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0019729
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.11 ac (5,001 SF)
Zoning code
C1
APN
R5635BA 09300
UPID
US71-0019729
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
-
Hair Of The Dog Groom Saloon Pet Grooming Service
-
Sheridan Auto detailing Car Wash
-
Figaro's Pizza 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
by Request
Owner & transaction history
Marcus J Straw · 6 yrs held
Marcus J Straw
since 2019
7 recorded transactions
Zoning & alternative use
C1 · Sheridan, 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 Sheridan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sheridan 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
$3,022
Tax year 2023
Assessed value
$235,604
Assessed 2023
Previous assessed
$228,742
+3.0% YoY
Effective rate
1.28%
On assessed value
Land market value
$124,137
Improvement market value
$369,674
Total market value
$493,811
Applied tax rate
48.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
0.11 ac (5,001 SF)
Zoning code
C1
APN
R5635BA 09300
UPID
US71-0019729
Jurisdiction
YAMHILL
Zoning & alternative use
C1 · Sheridan, OR
Zoning C1 · permitted uses
C1 · Sheridan, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sheridan. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Marcus J Straw
Individual
Mailing address
2724 NE 35TH PL, PORTLAND, OR 97212-2720
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2019
$340,000
Marcus J Straw
N Bridge LLC
Warranty Deed
—
Mar 20, 2015
—
N Bridge LLC
Stipe Robert
Grant Deed
—
Jul 30, 2014
$85,000
Robert Stipe
Us Bank NA 2006-sc1
Grant Deed
—
Feb 13, 2014
$150,000
Us Bank NA Series 2006-sc-1 Tr
Sheriff Of Yamhill County
Trustees Deed
related
—
Aug 29, 2013
$150,000
Us Bank NA Series 2006-sc1 Tr
Civil Deputy
Trustees Deed
related
—
Sep 8, 2005
$205,000
David E Waters
Adam L Ewing
Warranty Deed
$123,000 · Velocity Commercial Capital LLC
Apr 5, 2001
$75,110
Adam L Ewing
Anderson Trust
Grant Deed
$125,000 · Reschly Trust
—
—
David E Waters
—
Deed Of Trust
related
$133,705 · C-bass Series 2006-sc1
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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