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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Investment properties
1505 Pacific Ave, Tillamook, OR 97141-5006
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0322903
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2005
Total area
4,592 SF
Lot
0.05 ac (2,178 SF)
Zoning code
C-1
APN
1S1030-BC-05200
UPID
US71-0322903
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$947k
Blend (final)
Blend
$1.10M
Owner & transaction history
Duane Bauley · 5 yrs held
Duane Bauley
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C-1 · Tillamook, 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 Tillamook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tillamook 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
$1,045,000
ML approach
$1,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.20M (Mar 31 2021)
Last sale anchor
$1.20M
Mar 31 2021
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
$240 / 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
$14,853
Tax year 2023
Assessed value
$1,196,630
Assessed 2023
Previous assessed
$901,630
+32.7% YoY
Effective rate
1.24%
On assessed value
Assessed land
$348,610
Assessed improvement
$848,020
Land market value
$348,610
Improvement market value
$848,020
Total market value
$1,196,630
Applied tax rate
921.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2005
Heating
NONE
Total area
4,592 SF
Lot
0.05 ac (2,178 SF)
Zoning code
C-1
APN
1S1030-BC-05200
UPID
US71-0322903
Jurisdiction
TILLAMOOK
Zoning & alternative use
C-1 · Tillamook, OR
Zoning C-1 · permitted uses
C-1 · Tillamook, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tillamook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Lot
0.05 ac
Current owner
From public records · entity-resolved
Duane Bauley
Individual
Mailing address
2970 WAR EAGLE DR, LAKE HAVASU CITY, AZ 86406-8475
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2024
—
Duane Bauley
—
Deed
related
$179,158 · Oregon Coast Bank
Mar 31, 2021
$1,200,000
Duane Bauley
Three Arch Inn LLC
Warranty Deed
$900,000 · Oregon Coast Bk
Jun 21, 2011
$550,000
Three Arch Inn LLC
Btt LLC
Grant Deed
—
Jun 17, 2009
$483,000
Columbia St. Bk
Russillo Craig G
Trustees Deed
related
—
Mar 23, 2009
—
Michael Fryar
Piskorski,slawomir
Grant Deed
—
Jan 28, 2009
—
Seascape Townhomes II LLC
—
Trustees Deed
related
$250,000 · Christine M Gregory
Jun 22, 2006
$1,665,000
Slawomir Piskorski
Camden Inns LLC
Warranty Deed
—
Jun 2, 2004
$637,500
Camden Inns LLC
Beall,thomas M JR
Warranty Deed
$502,625 · Bank Of Astoria
—
—
Camden Inns LLC
—
Deed Of Trust
related
$541,000 · Bank Of Astoria
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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