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Property profile & analytics
FOR SALE
Turn key restaurants
1667 Siskiyou Blvd, Ashland, OR 97520
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0897478
For Sale
1 / 27
$149,000
1667 Siskiyou Blvd, Ashland, OR 97520
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Total area
3,278 SF
Lot
0.42 ac (18,295 SF)
Zoning code
C-1
APN
1-0085467
UPID
US71-0897478
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
-
House of India Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$678k
Blend (final)
Blend
$705k
Owner & transaction history
Vellanki Niliyum LLC · 3 yrs held
Vellanki Niliyum LLC
since 2023
Last sale
$711,000
7 recorded transactions
Zoning & alternative use
C-1 · Ashland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$940,000
+16.4%
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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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
$750,000
ML approach
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$810,000
Current use
COMMERCIAL (GENERAL)
$940,000
Change: +16% · Conversion: Easy
MEDICAL BUILDING
$775,000
Change: -5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$760,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $711k (Jun 9 2023)
Last sale anchor
$711k
Jun 9 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
$215 / 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
$8,927
Tax year 2023
Assessed value
$561,015
Assessed 2023
Previous assessed
$466,370
+20.3% YoY
Effective rate
1.59%
On assessed value
Assessed land
$293,097
Assessed improvement
$267,918
Land market value
$466,990
Improvement market value
$422,390
Total market value
$889,380
Applied tax rate
501.0000
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
For Sale
Heating
NONE
Total area
3,278 SF
Lot
0.42 ac (18,295 SF)
Zoning code
C-1
APN
1-0085467
UPID
US71-0897478
Jurisdiction
JACKSON
Zoning & alternative use
C-1 · Ashland, OR
Zoning C-1 · permitted uses
C-1 · Ashland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$940,000
MEDICAL BUILDING
Est. value
$775,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$760,000
RESTAURANT Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Lot
0.42 ac
Current owner
From public records · entity-resolved
Vellanki Niliyum LLC
Entity
Mailing address
1667 SISKIYOU BLVD, ASHLAND, OR 97520-2454
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2023
$711,000
Vellanki Niliyum LLC
Phatcharee Kanjanakaset Mcintosh
Warranty Deed
$506,000 · Ganesh Garden American Fork LLC
Dec 10, 1996
—
Piengchit Kanchanakasett
Kanchanakaset,peingchit
Quit Claim Deed
related
$205,000 · Pacific Continental Bank
Jun 24, 1991
—
Peingchit Kanchanakaset
Kanchanakaset,peingchit
Grant Deed
related
—
Feb 20, 1990
—
Peingchit Kanchanakaset
Kanjanakaset,sakda
Grant Deed
related
—
Apr 3, 1989
$247,000
Sakda Kanjanakaset
Katz,lawrence F
Grant Deed
related
—
Jul 5, 1988
$147,500
Lawrence F Katz
American Savings & Loan Assn
Grant Deed
related
—
Jan 19, 1988
$166,000
American Savings & Loan Assn
Lapoint,thomas J
Grant Deed
related
—
Dec 31, 1985
$88,000
Lapoint,thomas J
Butcher,leo & Joan M
Grant Deed
related
—
—
—
Piengchit Kanchanakaset
—
Deed Of Trust
related
$115,000 · Individual
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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