Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office buildings
1572 Howe St Dallas, OR 97338-2631
Individually Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0840318
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Total area
8,866 SF
Lot
0.66 ac (28,750 SF)
Zoning code
IH
APN
07533-DC-01300
UPID
US71-0840318
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
-
EVCOR LLC Metal Fabrication Plant Factory
-
National Hose Testing General Contractor Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$800k
Blend (final)
Blend
$615k
Owner & transaction history
Robert L Evans · 25 yrs held
Robert L Evans
since 2001
Last sale
$482,000
6 recorded transactions
Zoning & alternative use
IH · Dallas, OR
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $482k (Jul 29 2024)
Last sale anchor
$482k
Jul 29 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
$69 / 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
$6,871
Tax year 2023
Assessed value
$491,760
Assessed 2023
Previous assessed
$477,440
+3.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$59,760
Assessed improvement
$432,000
Land market value
$172,930
Improvement market value
$524,690
Total market value
$697,620
Applied tax rate
239.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Buildings
2
Stories
1
Rooms
5
Bathrooms
1
Total area
8,866 SF
Lot
0.66 ac (28,750 SF)
Zoning code
IH
APN
07533-DC-01300
UPID
US71-0840318
Jurisdiction
POLK
Zoning & alternative use
IH · Dallas, ORZoning IH · permitted uses
IH · Dallas, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Dallas : Development Code
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Stories
1
Buildings
2
Rooms
5
Bathrooms
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Robert L Evans
Individual
Mailing address
1369 SE HAWTHORNE AVE, DALLAS, OR 97338-1694
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
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
Jun 3, 2020
—
Evans,robert L Trust
—
Deed
related
$330,000 · Citizens Bk
Apr 16, 2001
$110,000
Robert L Evans
Towmotor Corp
Grant Deed
$75,000 · West Coast Bank
—
—
Robert L Evans
—
Deed Of Trust
related
$249,000 · Citizens Federal Bank Fsb
—
—
Robert L Evans
—
Deed Of Trust
related
$198,000 · West Coast Bank
—
—
Evans,robert L Trust
—
Deed Of Trust
related
$330,000 · Citizens Bk
—
—
Robert Evans
—
Deed Of Trust
related
$85,000 · West Coast 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1572 Howe St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
