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Property profile & analytics
OFF-MARKET
Estimated value
$4,000,000
Mobile home & RV parks
157 12th St Springfield, OR 97477-4809
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US71-1884862
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Lot
5.78 ac (251,777 SF)
Zoning code
LD-LOW DENSITY RES
APN
17-03-35-41-00201-000
UPID
US71-1884862
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
-
SpringLane Mobile Village Campground & RV Park
-
Premo Designs Renovation Specialist (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.00M
Owner & transaction history
Robin E Dancey · 2 yrs held
Robin E Dancey
since 2023
Last sale
$4.0M
4 recorded transactions
Zoning & alternative use
LD-LOW DENSITY RES · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$4,315,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.00M
Range $3.60M – $4.40M · ±10% · vs last sale $4.00M (Dec 18 2023)
Last sale anchor
$4.00M
Dec 18 2023
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
—
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
$26,459
Tax year 2023
Assessed value
$1,443,876
Assessed 2023
Previous assessed
$1,443,876
+0.0% YoY
Effective rate
1.83%
On assessed value
Land market value
$491,085
Improvement market value
$4,324,646
Total market value
$4,815,731
Applied tax rate
1,999.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Heating
NONE
Lot
5.78 ac (251,777 SF)
Zoning code
LD-LOW DENSITY RES
APN
17-03-35-41-00201-000
UPID
US71-1884862
Jurisdiction
LANE
Zoning & alternative use
LD-LOW DENSITY RES · Springfield, OR
Zoning LD-LOW DENSITY RES · permitted uses
LD-LOW DENSITY RES · Springfield, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
5.78 ac
Current owner
From public records · entity-resolved
Robin E Dancey
Individual
Mailing address
PO BOX 68033, OAK GROVE, OR 97268-0033
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2023
—
Robin E Dancey
Robin E Dancey
Intrafamily Transfer
related
$2,800,000 · Pacific Premier Bank
Mar 28, 2019
—
James W Dancey
James W Dancey
Intrafamily Transfer
related
$2,065,000 · Opus Bank
Dec 29, 2015
$4,000,000
James W Dancey
Brian L Fitterer
Warranty Deed
$2,150,000 · Opus Bank
Sep 23, 2005
$2,075,000
Brian L Fitterer
Queen,grant L
Warranty Deed
$1,550,000 · Lasalle National 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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