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Property profile & analytics
OFF-MARKET
Turn key restaurants
159 Monmouth N Ave Monmouth, OR 97361-1328
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US71-0242328
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1890
Total area
2,552 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CR
APN
08525-AD-02700
UPID
US71-0242328
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
-
Koyote's Tacos Restaurant
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
Hernandez Properties LLC · 10 yrs held
Hernandez Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
CR · Monmouth, 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 Monmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monmouth 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
$3,022
Tax year 2023
Assessed value
$165,860
Assessed 2023
Previous assessed
$161,030
+3.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$62,070
Assessed improvement
$103,790
Land market value
$131,800
Improvement market value
$257,410
Total market value
$389,210
Applied tax rate
1,347.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1890
Heating
BASEBOARD
Rooms
9
Bathrooms
2
Total area
2,552 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CR
APN
08525-AD-02700
UPID
US71-0242328
Jurisdiction
POLK
Zoning & alternative use
CR · Monmouth, OR
Zoning CR · permitted uses
CR · Monmouth, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monmouth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Heating
BASEBOARD
Rooms
9
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Hernandez Properties LLC
Entity
Mailing address
159 MONMOUTH AVE N, MONMOUTH, OR 97361-1328
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2025
—
Hernandez Properties LLC
—
Deed
related
$100,000 · Oregon State Cu
May 23, 2016
$308,000
Hernandez Properties LLC
East Edwards LLC
Warranty Deed
$231,000 · Washington Federal
Jun 8, 2011
—
East Edwards LLC
East Edwards LLC
Bargain And Sale Deed
$180,000 · Osu FCU
Apr 21, 2010
$125,000
East Edwards LP
Olsen Design & Dev INC
Grant Deed
—
Apr 21, 2010
$125,001
Olsen Design & Dev INC
Regional Te Svcs Corp
Trustees Deed
related
—
Apr 12, 2007
—
Jennifer L Goodman
Dunsmore,richard C & Ellen L
Grant Deed
$141,000 · Plaza Home Mortgage INC
Mar 23, 2007
$135,000
Jennifer Goodman
Dunsmore,richard C & Ellen L
Grant Deed
—
Jun 21, 1991
$60,000
William H Savage
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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