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Property profile & analytics
FOR LEASE
Distribution centers
1506 Antelope Rd White City, OR 97503
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0200363
For Lease
1 / 9
$2,700/Mo
1506 Antelope Rd, White City, OR 97503
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Total area
2,400 SF
Lot
4 ac (174,240 SF)
Zoning code
I-G
APN
1-0731087
UPID
US71-0200363
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Randall Thomas Leach · 4 yrs held
Randall Thomas Leach
since 2022
7 recorded transactions
Zoning & alternative use
I-G · White City, 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 White City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs White City 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
$8,112
Tax year 2023
Assessed value
$571,510
Assessed 2023
Previous assessed
$640,500
-10.8% YoY
Effective rate
1.42%
On assessed value
Assessed land
$197,450
Assessed improvement
$374,060
Land market value
$344,370
Improvement market value
$1,065,010
Total market value
$1,409,380
Applied tax rate
926.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Heating
NONE
Buildings
2
Total area
2,400 SF
Lot
4 ac (174,240 SF)
Zoning code
I-G
APN
1-0731087
UPID
US71-0200363
Jurisdiction
JACKSON
Zoning & alternative use
I-G · White City, OR
Zoning I-G · permitted uses
I-G · White City, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
White City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
4 ac
Current owner
From public records · entity-resolved
Randall Thomas Leach
Individual
Mailing address
4749 WESLEY CHAPEL RD, FREE UNION, VA 22940-1930
Mailing matches property
Different — outreach signal
Owner-occupied
No
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 13, 2024
—
Randall Thomas Leach
—
Deed
related
$200,000 · Andrea S Shapiro Living Trust
May 5, 2022
—
Randall Thomas Leach
Dominion Exchnage Services LLC
Bargain And Sale Deed
$304,000 · Ancrea S Shapiro Living Trust
Aug 6, 2020
—
Randall T Leach
—
Deed
related
—
Jun 30, 2017
$1,150,000
Randall T Leach
Kimmel Family Foundation INC
Warranty Deed
$650,000 · Kimmel Fam Foun
Jun 2, 2009
$725,000
Kimmel Family Foundation INC
James,samuel O JR & Lisa M
Warranty Deed
—
Apr 1, 1993
—
Samuel O James JR.
James,samuel O JR & Paula D
Grant Deed
related
—
Jul 3, 1991
$2,000,000
Samuel O James JR
James,jack K
Grant Deed
related
—
Oct 20, 1988
—
Jack K James
James Jack K Const Co
Grant Deed
related
—
Mar 21, 1986
$216,000
James Jack K Const Co
B & G Properties INC
Grant Deed
related
—
—
—
Randall T Leach
—
Deed Of Trust
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.
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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