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Property profile & analytics
OFF-MARKET
Industrial properties
1780 Sheridan Ave North Bend, OR 97459-3530
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US71-0888586
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1966
Lot
0.15 ac (6,534 SF)
Zoning code
M-L
APN
25 S 13 W 10 DD 400
UPID
US71-0888586
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
-
Shn Engineers & Geologists Engineer
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
Op3 INC · 11 yrs held
Op3 INC
since 2014
1 recorded transaction
Zoning & alternative use
M-L · North Bend, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
.16 Residential Zone R-5 18.20 Residential Zone R-M 18.24 Residential Transition Zone R-T 18.28 Limited Commercial Zone C-L 18.32 General Commercial Zone C-G 18.36 Central Commercial Zone C-C 18.40 Light Industrial Zone M-L 18.44 Heavy Industrial Zone M-H 18.48 Floodplain Zone F-P 18.50 Tsunami Hazard Overlay Zone 18.52 Airport Zone A-Z 18.56 North Bend Airp…
Zone name
Light Industrial Zone
General category
INDUSTRIAL
Zone area
85.53 ac
Source
view
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 North Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bend 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
$1,169
Tax year 2023
Assessed value
$75,970
Assessed 2023
Previous assessed
$73,760
+3.0% YoY
Effective rate
1.54%
On assessed value
Land market value
$93,830
Improvement market value
$68,080
Total market value
$161,910
Applied tax rate
61,360.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1966
Heating
NONE
Lot
0.15 ac (6,534 SF)
Zoning code
M-L
APN
25 S 13 W 10 DD 400
UPID
US71-0888586
Jurisdiction
COOS
Zoning & alternative use
M-L · North Bend, ORZoning M-L · permitted uses
M-L · North Bend, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
.16 Residential Zone R-5 18.20 Residential Zone R-M 18.24 Residential Transition Zone R-T 18.28 Limited Commercial Zone C-L 18.32 General Commercial Zone C-G 18.36 Central Commercial Zone C-C 18.40 Light Industrial Zone M-L 18.44 Heavy Industrial Zone M-H 18.48 Floodplain Zone F-P 18.50 Tsunami Hazard Overlay Zone 18.52 Airport Zone A-Z 18.56 North Bend Airport Overlay Zoning 18.60 Conditional Uses 18.64 Planned Housing Developments 18.68
Zone name
Light Industrial Zone
General category
INDUSTRIAL
Zone area
85.53 ac
Source
view
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
Op3 INC
Entity
Mailing address
PO BOX A A, NORTH BEND, OR 97459-0011
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2014
$150,000
Op3 INC
Herman A Pieske
Warranty Deed
$288,996 · Tkr LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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