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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Warehouses
1497 Brookside St Dallas, OR 97338-2787
Individually Owned
~
Est. High Equity
Property ID
US71-0531779
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Total area
43,307 SF
Lot
5.13 ac (223,463 SF)
Zoning code
IL
APN
07534-CC-01801
UPID
US71-0531779
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
-
Dallas Secure Storage/Godsey Storage Facility
-
Klopp Productions Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Kory Robert Simonson Nichols
Kory Robert Simonson Nichols
since 2025
Last sale
$430,000
7 recorded transactions
Zoning & alternative use
IL · Dallas, OR
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $430k (Dec 31 2025)
Last sale anchor
$430k
Dec 31 2025
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
$12 / 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
$33,522
Tax year 2023
Assessed value
$2,380,960
Assessed 2023
Previous assessed
$2,311,620
+3.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$391,680
Assessed improvement
$1,989,280
Land market value
$620,210
Improvement market value
$3,824,400
Total market value
$4,444,610
Applied tax rate
240.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
NONE
Buildings
2
Total area
43,307 SF
Lot
5.13 ac (223,463 SF)
Zoning code
IL
APN
07534-CC-01801
UPID
US71-0531779
Jurisdiction
POLK
Zoning & alternative use
IL · Dallas, ORZoning IL · permitted uses
IL · Dallas, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Dallas : Development Code
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Buildings
2
Lot
5.13 ac
Current owner
From public records · entity-resolved
Kory Robert Simonson Nichols
Individual
Mailing address
1497 SE BROOKSIDE ST, DALLAS, OR 97338-2787
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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 31, 2025
$430,000
Kory Robert Simonson Nichols
Mylo L Lupoli
Warranty Deed
—
Mar 8, 2002
$116,740
Dallas Secure Storage LLC
Ewert,michael D
Grant Deed
$120,000 · West Coast Bank
—
—
Dallas Secure Storage LLC
—
Deed Of Trust
related
$1,125,000 · West Coast Bank
—
—
Dallas Secure Storage LLC
—
Deed Of Trust
related
$918,420 · West Coast Bank
—
—
Dallas Secure Storage LLC
—
Deed Of Trust
related
$800,000 · West Coast Bank
—
—
Dallas Secure Storage LLC
—
Deed Of Trust
related
$130,000 · West Coast Bank
—
—
Dallas Secure Storage LLC
—
Deed Of Trust
related
$112,500 · 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.
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