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Property profile & analytics
OFF-MARKET
Estimated value
$8,925,000
Grocery and convenience stores
1535 1st Ave, Stayton, OR 97383-1213
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US71-0913369
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1996
Total area
42,969 SF
Lot
4.1 ac (178,596 SF)
Zoning code
CG
APN
091W10BD00100
UPID
US71-0913369
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
-
Starbucks Cafe & Coffee Shop
-
Safeway Pharmacy Pharmacy
-
Primo Water Refill Big Box & Wholesale Store
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.92M
Blend (final)
Blend
$8.93M
Owner & transaction history
Northwest Coml Hldgs LLC · 6 yrs held
Northwest Coml Hldgs LLC
since 2019
6 recorded transactions
Zoning & alternative use
CG · Stayton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.8M
+63.0%
Restaurant
$13.1M
+54.2%
Office building
$11.8M
+38.6%
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 Stayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stayton 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$8,475,000
Current use
MEDICAL BUILDING
$13,810,000
Change: +63% · Conversion: Difficult
RESTAURANT
$13,065,000
Change: +54% · Conversion: Easy
OFFICE BUILDING
$11,750,000
Change: +39% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,575,000
Change: +1% · Conversion: Easy
WAREHOUSE, STORAGE
$8,260,000
Change: -3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$7,715,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$8.93M
Range $8.03M – $9.82M · ±10%
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
$208 / 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
$69,985
Tax year 2023
Assessed value
$4,271,650
Assessed 2023
Previous assessed
$4,147,240
+3.0% YoY
Effective rate
1.64%
On assessed value
Land market value
$856,970
Improvement market value
$4,727,270
Total market value
$5,584,240
Applied tax rate
29,040.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1996
Heating
NONE
Stories
1
Total area
42,969 SF
Lot
4.1 ac (178,596 SF)
Zoning code
CG
APN
091W10BD00100
UPID
US71-0913369
Jurisdiction
MARION
Zoning & alternative use
CG · Stayton, OR
Zoning CG · permitted uses
CG · Stayton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stayton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$8.5M
MEDICAL BUILDING
Est. value
$13.8M
RESTAURANT
Est. value
$13.1M
OFFICE BUILDING
Est. value
$11.8M
COMMERCIAL (GENERAL)
Est. value
$8.6M
WAREHOUSE, STORAGE
Est. value
$8.3M
INDUSTRIAL (GENERAL)
Est. value
$7.7M
RETAIL STORES Current
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Stories
1
Lot
4.1 ac
Current owner
From public records · entity-resolved
Northwest Coml Hldgs LLC
Entity
Mailing address
PO BOX 800729, DALLAS, TX 75380-0729
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2019
$11,090,852
Northwest Coml Hldgs LLC
Cf Albert Propco III LLC
Trustees Deed
$5,600,000 · Bank Of America
Jul 5, 2019
$9,582,496
Cf Albert Propco III LLC
Safeway INC
Grant Deed
$425,700 · Wells Fargo Bk
Jan 11, 2018
—
Safeway INC
—
Loan Modification
related
—
May 3, 1996
$650,000
Safeway INC
Wilco Farmers
Grant Deed
—
—
—
Safeway INC
—
Deed Of Trust
related
—
—
—
Safeway INC
—
Deed Of Trust
related
$1,145,000,000 · Wilmington Trust (ct)
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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