Financial
Distress signals
Property profile

186 SW Court St Dallas, OR 97338

FOR SALE
Turn key restaurants
Property ID
US71-0841779
4,886 SF 0.23 ac lot Built 1909
Last sale Oct 2016 · $350,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a historic mixed-use corner building constructed in 1909, located at the corner of SW Court St and SW Church St in the Central Business District (CBD). It sits on a 0.23-acre lot and contains approximately 4,886 SF on the main level with an interior maintained in-place, and additional upper-floor space of approximately 4,234 SF on the second floor and 4,000 SF on the third floor, providing layout flexibility for potential redevelopment while remaining within the CBD zoning

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$181k
Assessed land$70k
Assessed improvement$111k
Effective rate1.40%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$252k
Vacancy & credit loss−$23k
Operating expenses−$86k
NOI · 26.29% cap applied$143k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
26.29%
$143k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD
This district serves as the commercial and civic core of the community. It is the location of city and county offices, downtown commercia...
General categoryCIVIC_INSTITUTIONAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.3
Realty agency18.0
Parking Facility13.0

Location

186 SW Court St Dallas, OR 97338
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
161 Ellendale, Dallas, OR 97338-1407 $28,500 Nov 2023 3,874 SF
791 Main, Dallas, OR 97338-3108 $375,000 Jun 2023 6,053 SF
904 Main, Dallas, OR 97338-2802 $125,000 Apr 2023 4,884 SF
877 Main, Dallas, OR 97338-3110 $100,000 Jan 2023 4,508 SF
183 Ellendale, Dallas, OR 97338-1509 $700,000 Jun 2022 6,542 SF
1254 Fairview, Dallas, OR 97338-2122 $400,000 May 2022 6,333 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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