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Property profile & analytics
OFF-MARKET
Auto shops
1497 Baseline St Cornelius, OR 97113-8806
Entity Owned
5-yr Hold
Free & Clear
Property ID
US71-0932296
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1969
Total area
3,450 SF
Lot
0.22 ac (9,583 SF)
Zoning code
CC
APN
1S304AA-00100
UPID
US71-0932296
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
-
Thelin Auto Body Auto Repair Shop
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
Vico Investments LLC · 5 yrs held
Vico Investments LLC
since 2021
Last sale
$325,000
4 recorded transactions
Zoning & alternative use
CC · Cornelius, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
IAL ZONE (LI) (§ 18.54.010 - § 18.54.080) Chapter 18.55 GENERAL INDUSTRIAL ZONE (M-1) (§ 18.55.010 - § 18.55.080) Chapter 18.60 CENTRAL MIXED USE ZONE (CMU) (§ 18.60.010 - § 18.60.080) Chapter 18.65 CORRIDOR COMMERCIAL (CC) (§ 18.65.010 - § 18.65.080) Chapter 18.70 CORE RESIDENTIAL ZONE (CR) (§ 18.70.010 - § 18.70.090) Chapter 18.75 GATEWAY MIXED USE (GMU) (…
Zone name
Corridor Commercial
General category
MIXED_USE
Zone area
25.52 ac
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 Cornelius submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cornelius 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
$2,840
Tax year 2023
Assessed value
$163,840
Assessed 2023
Previous assessed
$159,070
+3.0% YoY
Effective rate
1.73%
On assessed value
Land market value
$174,790
Improvement market value
$270,940
Total market value
$445,730
Applied tax rate
15.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1969
Heating
NONE
Total area
3,450 SF
Lot
0.22 ac (9,583 SF)
Zoning code
CC
APN
1S304AA-00100
UPID
US71-0932296
Jurisdiction
WASHINGTON
Zoning & alternative use
CC · Cornelius, ORZoning CC · permitted uses
CC · Cornelius, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
IAL ZONE (LI) (§ 18.54.010 - § 18.54.080) Chapter 18.55 GENERAL INDUSTRIAL ZONE (M-1) (§ 18.55.010 - § 18.55.080) Chapter 18.60 CENTRAL MIXED USE ZONE (CMU) (§ 18.60.010 - § 18.60.080) Chapter 18.65 CORRIDOR COMMERCIAL (CC) (§ 18.65.010 - § 18.65.080) Chapter 18.70 CORE RESIDENTIAL ZONE (CR) (§ 18.70.010 - § 18.70.090) Chapter 18.75 GATEWAY MIXED USE (GMU) (§ 18.75.010 - § 18.75.080) Chapter 18.80 MAIN STREET CIVIC ZONE (MSC) Chapter 18.8
Zone name
Corridor Commercial
General category
MIXED_USE
Zone area
25.52 ac
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Lot
0.22 ac
Current owner
From public records · entity-resolved
Vico Investments LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 712, CORNELIUS, OR 97113-0712
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2021
$325,000
Vico Investments LLC
Erik L Gurske
Warranty Deed
—
Feb 12, 2008
—
Erik L Gurske
Gurske,lynn E & Sandra J
Quit Claim Deed
related
—
Dec 13, 2007
—
Erik L Gurske
Gurske,lynn E & Sandra J
Quit Claim Deed
related
—
Dec 22, 2006
—
Erik L Gurske
Gurske,lynn E & Sandra J
Quit Claim Deed
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.
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