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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Showrooms
17308 Hwy 99e, Hubbard, OR 97032-9719
Individually Owned
12-yr Hold
Free & Clear
Property ID
US71-0596017
Property summary
AI-generated overview
This exceptional commercial property, located at 17308 Highway 99E, Unit 17308 in Hubbard, Oregon, presents a unique investment opportunity. Boasting 5,140 square feet of building space situated on a 1.77-acre lot, this property offers significant frontage on Highway 99E, measuring 200 feet. Its strategic location between Portland International Airport (PDX) and Salem provides excellent accessibility and high visibility. Established as a thriving auto salvage yard since the mid-1960s, the property includes two warehouses, a well-equipped mechanic shop featuring a hydraulic lift, a retail storefront, and a dedicated tow yard. The property is fully secured by a high-voltage fence, ensuring safety and security. The current business and inventory will be liquidated by the sellers prior to closing
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1978
Total area
8,148 SF
Lot
1.77 ac (77,101 SF)
Zoning code
EFU
APN
051W04 00400
UPID
US71-0596017
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$791k
Blend (final)
Blend
$790k
Owner & transaction history
Thomas A Faulhaber · 12 yrs held
Thomas A Faulhaber
since 2013
2 recorded transactions
Zoning & alternative use
EFU · Hubbard, 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 Hubbard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hubbard 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±10%
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
$97 / 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
$2,906
Tax year 2023
Assessed value
$255,710
Assessed 2023
Previous assessed
$248,270
+3.0% YoY
Effective rate
1.14%
On assessed value
Land market value
$158,520
Improvement market value
$481,710
Total market value
$640,230
Applied tax rate
15,609.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1978
Heating
NONE
Buildings
2
Stories
1
Total area
8,148 SF
Lot
1.77 ac (77,101 SF)
Zoning code
EFU
APN
051W04 00400
UPID
US71-0596017
Jurisdiction
MARION
Zoning & alternative use
EFU · Hubbard, OR
Zoning EFU · permitted uses
EFU · Hubbard, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hubbard. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
1
Buildings
2
Lot
1.77 ac
Current owner
From public records · entity-resolved
Thomas A Faulhaber
Individual
Free & Clear · 12 yrs held
Mailing address
17308 HWY 99E, HUBBARD, OR 97032-9719
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2013
$150,000
Thomas A Faulhaber
Hohman,gary L & Phyliss J
Warranty Deed
—
Dec 15, 1987
$150,000
Gary L Hohman
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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