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Property profile & analytics
FOR SALE
Commercial real estate
1782 5Th St Springfield, OR 97477
Individually Owned
2-yr Hold
Free & Clear
Property ID
US71-0816849
For Sale
1 / 3
$695,000
1782 5Th St, Springfield, OR 97477
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.44 ac (19,166 SF)
Zoning code
CC-COMMUNITY COMMERCIAL
APN
17-03-26-31-00301-000
UPID
US71-0816849
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
-
The ABC Learning Center High School Daycare Center
-
Essential Pet Health Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
George Rode · 2 yrs held
George Rode
since 2024
Last sale
$575,000
4 recorded transactions
Zoning & alternative use
CC-COMMUNITY COMMERCIAL · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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
$575,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Jun 18 2024)
Last sale anchor
$575k
Jun 18 2024
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
—
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
$4,839
Tax year 2023
Assessed value
$264,081
Assessed 2023
Previous assessed
$264,081
+0.0% YoY
Effective rate
1.83%
On assessed value
Land market value
$426,978
Improvement market value
$245,530
Total market value
$672,508
Applied tax rate
1,900.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Heating
NONE
Lot
0.44 ac (19,166 SF)
Zoning code
CC-COMMUNITY COMMERCIAL
APN
17-03-26-31-00301-000
UPID
US71-0816849
Jurisdiction
LANE
Zoning & alternative use
CC-COMMUNITY COMMERCIAL · Springfield, OR
Zoning CC-COMMUNITY COMMERCIAL · permitted uses
CC-COMMUNITY COMMERCIAL · Springfield, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.44 ac
Current owner
From public records · entity-resolved
George Rode
Individual
Free & Clear · 2 yrs held
Mailing address
1917 FRANKLIN BLVD, EUGENE, OR 97403-2077
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2024
$575,000
George Rode
Kennon Belisle
Warranty Deed
—
Sep 26, 2014
$417,000
Kennon Belisle
Sterling Cedar Prod Rp Of Tr
Grant Deed
$400,000 · Sterling Cedar Prod Rp/tr (ct)
Mar 31, 2004
—
Sterling Cedar Products LLC
Sterling Forest Product P
Quit Claim Deed
related
—
Jul 3, 1997
$145,000
Forest Products Psp Sterling
Pifer,peter E & Dianne L
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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