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Property profile & analytics
OFF-MARKET
Estimated value
$2,845,000
Turn key restaurants
1639 Idaho Ave, Ontario, OR 97914-3007
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0740371
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Total area
3,713 SF
Lot
0.7 ac (30,492 SF)
Zoning code
O-C2H
APN
18S4702CC 2009
UPID
US71-0740371
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
-
A&W Restaurant Restaurant Take-out & Catering
-
KFC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.85M
Owner & transaction history
5901 South May LLC · 2 yrs held
5901 South May LLC
since 2023
Last sale
$3.1M
3 recorded transactions
Zoning & alternative use
O-C2H · Ontario, 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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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
$2,555,000
ML approach
$2,645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.85M
Range $2.56M – $3.13M · ±10% · vs last sale $3.09M (Jul 28 2023)
Last sale anchor
$3.09M
Jul 28 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
$766 / 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
$11,503
Tax year 2023
Assessed value
$751,562
Assessed 2023
Previous assessed
$729,672
+3.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$217,660
Assessed improvement
$533,902
Land market value
$374,900
Improvement market value
$1,265,150
Total market value
$1,640,050
Applied tax rate
1.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2004
Heating
NONE
Buildings
2
Total area
3,713 SF
Lot
0.7 ac (30,492 SF)
Zoning code
O-C2H
APN
18S4702CC 2009
UPID
US71-0740371
Jurisdiction
MALHEUR
Zoning & alternative use
O-C2H · Ontario, OR
Zoning O-C2H · permitted uses
O-C2H · Ontario, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ontario. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Buildings
2
Lot
0.7 ac
Current owner
From public records · entity-resolved
5901 South May LLC
Entity
Mailing address
539 BLAIR AVE, PIEDMONT, CA 94611-3734
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2023
$3,085,000
5901 South May LLC
Slsl Properties LLC
Special Warranty Deed
$1,561,000 · Fresno First Bank
Jul 28, 2023
—
Lrg Restaurant Group LLC
5901 South May LLC
Agreement Of Sale
—
Jan 19, 2023
$1,505,000
Slsl Properties LLC
Wagstaff Investment Co LLC
Warranty 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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