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Property profile & analytics
OFF-MARKET
Commercial real estate
16400 Champion Way, Sandy, OR 97055-7248
Entity Owned
3-yr Hold
Free & Clear
Property ID
US71-0033234
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1997
Lot
6.8 ac (296,208 SF)
Zoning code
I2
APN
24E10 05700
UPID
US71-0033234
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
-
Gone Creek Campground Campground & RV Park
-
Elk Lake Campground & RV Park
-
Mt. Hood National Forest Headquarters Government Office
-
Klinger Springs Park
-
Clackamas River Ranger Station Government Office
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
Sandy Or I Fgf LLC · 3 yrs held
Sandy Or I Fgf LLC
since 2023
7 recorded transactions
Zoning & alternative use
I2 · Sandy, 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 Sandy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandy 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
$94,541
Tax year 2023
Assessed value
$5,568,695
Assessed 2023
Previous assessed
$5,406,500
+3.0% YoY
Effective rate
1.70%
On assessed value
Land market value
$1,311,143
Improvement market value
$7,983,610
Total market value
$9,294,753
Applied tax rate
46.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1997
Heating
NONE
Lot
6.8 ac (296,208 SF)
Zoning code
I2
APN
24E10 05700
UPID
US71-0033234
Jurisdiction
CLACKAMAS
Zoning & alternative use
I2 · Sandy, OR
Zoning I2 · permitted uses
I2 · Sandy, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Lot
6.8 ac
Current owner
From public records · entity-resolved
Sandy Or I Fgf LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1 N WACKER DR, CHICAGO, IL 60606-2807
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2023
—
Sandy Or I Fgf LLC
Mt Hood Champion LLC
Special Warranty Deed
—
Apr 30, 2020
—
Mt Hood Champion LLC
—
Deed Of Trust
related
$10,750,000 · Miscellaneous Ins Co
Jan 23, 2020
—
Mt Hood Champion LLC
—
Deed
related
$9,075,000 · Bank Of The West
Jul 29, 2019
—
Mt Hood Champion LLC
—
Grant Deed
related
$8,475,000 · Bank Of The West
Jun 28, 2018
$4,250,000
Mt Wood Champion LLC
Three Pine One LLC
Warranty Deed
$2,580,000 · Bank Of The West
May 31, 2018
—
Three Pine One LLC
City Of Sandy
Quit Claim Deed
related
—
Oct 25, 2010
—
Three Pine One LLC
Howard C S I 1999 Trust
Warranty Deed
—
Jun 9, 2010
—
Howard Charles S III 1999 Trust
Howard Charles S III 1 Trust
Quit Claim Deed
related
—
May 1, 2007
—
Noble Dev Co Vii LLC
Noble Dev Co Viii LLC
Quit Claim Deed
—
May 1, 2007
$7,700,000
Charles S Howard III
Noble Dev Co IV
Warranty Deed
—
—
—
Noble Development Company IV
—
Deed Of Trust
related
$2,900,000 · Ameritas Life Insurance Corp
—
—
Mt Hood Champion LLC
—
Loan Modification
related
$9,075,000 · Bank Of The West
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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