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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Grocery and convenience stores
1775 10th St, Central Point, OR 97502-2179
Individually Owned
2-yr Hold
Free & Clear
Property ID
US71-0651451
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Total area
8,100 SF
Lot
0.44 ac (19,166 SF)
Zoning code
C-1
APN
1-0203523
UPID
US71-0651451
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
$861k
Blend (final)
Blend
$810k
Owner & transaction history
Herb Miller · 2 yrs held
Herb Miller
since 2023
7 recorded transactions
Zoning & alternative use
C-1 · Central Point, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+1.7%
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 Central Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Central Point 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
Alternative Use
Use
Estimation
RETAIL STORES
$1,290,000
Current use
AUTO REPAIR, GARAGE
$1,310,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,175,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$810k
Range $729k – $891k · ±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
$100 / 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
$5,859
Tax year 2023
Assessed value
$361,010
Assessed 2023
Previous assessed
$343,820
+5.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$97,590
Assessed improvement
$263,420
Land market value
$97,590
Improvement market value
$263,420
Total market value
$361,010
Applied tax rate
602.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Heating
NONE
Total area
8,100 SF
Lot
0.44 ac (19,166 SF)
Zoning code
C-1
APN
1-0203523
UPID
US71-0651451
Jurisdiction
JACKSON
Zoning & alternative use
C-1 · Central Point, OR
Zoning C-1 · permitted uses
C-1 · Central Point, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Central Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
0.44 ac
Current owner
From public records · entity-resolved
Herb Miller
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 918, EAGLE POINT, OR 97524-0918
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
Aug 31, 2023
$1,100,000
Herb Miller
Daniel A Kahn
Warranty Deed
—
Oct 14, 2015
—
Kahn,daniel & Karen Trust
—
Trustees Deed
related
$480,000 · Peoples Bk/commerce
Apr 27, 2012
—
Kahn,daniel & Karen Trust
Kahn,daniel A & Karen
Quit Claim Deed
related
$350,000 · Peoples Bank Of Commerce
Dec 28, 2010
—
Daniel A Kahn
Tresser Family Trust
Grant Deed
—
Mar 18, 2005
—
Kahn,daniel & Karen Trust
Lawyers Exchange-kahn LLC
Quit Claim Deed
—
Dec 23, 2004
—
Tresser Trust
Lawyers Exchange-tresser LLC
Quit Claim Deed
related
—
Sep 28, 2004
$535,000
Lawyers Exchange-tresser LLC
Jones,marlene A
Warranty Deed
$374,000 · Premierwest Bank
—
—
Charles D Jones
—
Deed Of Trust
related
$175,000 · Rogue River Family Practice
—
—
Marlene A Jones
—
Deed Of Trust
related
$178,000 · Washington Mutual Fsb
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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