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Property profile & analytics
OFF-MARKET
Commercial real estate
186 Siletz Hwy Siletz, OR 97380
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0019203
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1800
Total area
4,000 SF
Lot
0.39 ac (16,988 SF)
Zoning code
M-P;PLANNED MARINE AND RE
APN
08-11-11-BA-00601-00
UPID
US71-0019203
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joseph Tam · 1 yrs held
Joseph Tam
since 2024
Last sale
$250,000
4 recorded transactions
Zoning & alternative use
M-P;PLANNED MARINE AND RE · Siletz, 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 Siletz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Siletz 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
$2,073
Tax year 2023
Assessed value
$158,720
Assessed 2023
Previous assessed
$154,100
+3.0% YoY
Effective rate
1.31%
On assessed value
Land market value
$171,000
Improvement market value
$19,010
Total market value
$190,010
Applied tax rate
499.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Off-Market
Year built
1800
Heating
NONE
Total area
4,000 SF
Lot
0.39 ac (16,988 SF)
Zoning code
M-P;PLANNED MARINE AND RE
APN
08-11-11-BA-00601-00
UPID
US71-0019203
Jurisdiction
LINCOLN
Zoning & alternative use
M-P;PLANNED MARINE AND RE · Siletz, OR
Zoning M-P;PLANNED MARINE AND RE · permitted uses
M-P;PLANNED MARINE AND RE · Siletz, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Siletz. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1800
Heating
NONE
Lot
0.39 ac
Current owner
From public records · entity-resolved
Joseph Tam
Individual
Mailing address
2664 NW BLUEBELL PL, CORVALLIS, OR 97330-3535
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
Jul 29, 2024
$250,000
Joseph Tam
James L Ruggeri
Warranty Deed
—
Dec 21, 2004
$360,000
James L Ruggeri
B Green LLC
Warranty Deed
—
Apr 16, 2001
$361,721
B Green LLC
Sevigny,georgia G
Warranty Deed
related
—
—
—
James L Ruggeri
—
Deed Of Trust
related
$250,000 · Umpqua Bank
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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