Entity Owned Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1995
Total area
61,824 SF
Lot
5 ac (217,800 SF)
Zoning code
R-3
APN
4N2816AC00101
UPID
US71-1017141
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Apartment Building
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.04M
CAP Approach
CAP
$9.85M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.37M
Owner & transaction history
since 2025
Last sale
$8.3M
3 recorded transactions
Zoning & alternative use
R-3 · Hermiston, OR
Zoning description
ESTABLISHMENT OF ZONES. § 157.016 ZONING MAP. Article III RESIDENTIAL ZONES § 157.025 LOW DENSITY RESIDENTIAL ZONE (R-1). § 157.026 MEDIUM DENSITY RESIDENTIAL ZONE (R-2). § 157.027 MEDIUM-HIGH DENSITY RESIDENTIAL ZONE (R…
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.37M
Value range
$8.43M – $10.31M
±10% around blend
Estimated value / SF
$152 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$8.43M
blend $9.37M
$10.31M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
61,824 SF
Lot area
5 ac
Year built
1995
APN
4N2816AC00101
Zoning
R-3
Assessed value
$2,335,100
Annual tax
$50,314
3
Income approach: direct capitalization
Partial preview
Income approach indication
$9.85M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$10.67M
@ 6.5% CAP return
$9.85M
@ 7% CAP return
$9.14M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.37M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 33 sales
$125
+21%
Submarket 33 sales
$125
+21%
County 79 sales
$101
+51%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $152/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional plan · 30 reports
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Overview
Implied cap rate
6.80%
Implied, in-place cap rate for this commercial real estate
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.80%
9.0%
NOI (est.)
$582k *
Last sale · May 2025
$8.32M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.56M
Move the market yield to see immediate price impact.
Value / SF
$139
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.30%6.80%7.30%
$524k
$8.32M
$7.71M
$7.18M
$582k
$9.24M
$8.56M
$7.98M
$641k
$10.17M
$9.42M
$8.78M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$50,314
Tax year 2023
Assessed value
$2,335,100
Assessed 2023
Previous assessed
$2,267,090
+3.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$249,330
Assessed improvement
$2,085,770
Land market value
$268,620
Improvement market value
$4,868,450
Total market value
$5,137,070
Applied tax rate
801.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1995
Heating
NONE
Total area
61,824 SF
Lot
5 ac (217,800 SF)
Zoning code
R-3
APN
4N2816AC00101
UPID
US71-1017141
Jurisdiction
UMATILLA
Zoning & alternative use
R-3 · Hermiston, ORZoning R-3 · permitted uses
R-3 · Hermiston, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
ESTABLISHMENT OF ZONES. § 157.016 ZONING MAP. Article III RESIDENTIAL ZONES § 157.025 LOW DENSITY RESIDENTIAL ZONE (R-1). § 157.026 MEDIUM DENSITY RESIDENTIAL ZONE (R-2). § 157.027 MEDIUM-HIGH DENSITY RESIDENTIAL ZONE (R…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Lot
5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
R-3
RESIDENTIAL
Jurisdiction
Hermiston, OR
Recorded code
R-3
Official district
R-3
Official district profile
What the municipal code says about R-3
Zoning description
ESTABLISHMENT OF ZONES. § 157.016 ZONING MAP. Article III RESIDENTIAL ZONES § 157.025 LOW DENSITY RESIDENTIAL ZONE (R-1). § 157.026 MEDIUM DENSITY RESIDENTIAL ZONE (R-2). § 157.027 MEDIUM-HIGH DENSITY RESIDENTIAL ZONE (R…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-3 in Hermiston, OR.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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