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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Warehouses
1535 Mt Hood Ave, Woodburn, OR 97071
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0826812
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Total area
5,000 SF
Lot
0.97 ac (42,253 SF)
Zoning code
CG
APN
051W08A 03700
UPID
US71-0826812
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
$1.10M
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$763k
Blend (final)
Blend
$1.10M
Owner & transaction history
Tg 1st LLC · 1 yrs held
Tg 1st LLC
since 2024
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
CG · Woodburn, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+85.7%
Medical building
$1.6M
+67.2%
Restaurant
$1.5M
+58.2%
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 Woodburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodburn 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
$1,100,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
$880,000
6.5%
$810,000
7%
$755,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$960,000
Current use
AUTO REPAIR, GARAGE
$1,785,000
Change: +86% · Conversion: Easy
MEDICAL BUILDING
$1,605,000
Change: +67% · Conversion: Difficult
RESTAURANT
$1,520,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$1,365,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$985,000
Change: +3% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$900,000
Change: -7% · Conversion: Easy
COMMERCIAL (GENERAL)
$895,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Oct 28 2024)
Last sale anchor
$1.10M
Oct 28 2024
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
$220 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$4,290
Tax year 2021
Assessed value
$229,290
Assessed 2023
Previous assessed
$222,620
+3.0% YoY
Effective rate
1.87%
On assessed value
Land market value
$287,350
Improvement market value
$36,570
Total market value
$323,920
Applied tax rate
3,039.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Heating
NONE
Stories
1
Total area
5,000 SF
Lot
0.97 ac (42,253 SF)
Zoning code
CG
APN
051W08A 03700
UPID
US71-0826812
Jurisdiction
MARION
Zoning & alternative use
CG · Woodburn, OR
Zoning CG · permitted uses
CG · Woodburn, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$960,000
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.6M
RESTAURANT
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$985,000
INDUSTRIAL (GENERAL)
Est. value
$900,000
COMMERCIAL (GENERAL)
Est. value
$895,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
COMMERCIAL (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
1977
Heating
NONE
Stories
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Tg 1st LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8850 S PO BOX 1146TH DR, MOUNT ANGEL, OR 97362-1146
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2024
$1,100,000
Tg 1st LLC
Don Susie Enterprises INC
Warranty Deed
—
Sep 20, 2017
$2,900,000
Blaisdell INC
Kapl Or Wb LLC
Grant Deed
—
Jul 24, 2015
—
2280 Kuhio Avenue Parking Lot
Fd 2011-c1 Hood Retail LLC
Quit Claim Deed
related
—
Jan 2, 2004
—
Mid-valley Plaza LLC
Wolf,mark C & Melissa M
Grant Deed
$4,170,000 · Liberty Bank
Oct 1, 1984
$105,000
Don-susie Enterprises INC
Unknown
Grant Deed
—
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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