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Property profile & analytics
OFF-MARKET
Commercial land
1918 B St Forest Grove, OR 97116-2305
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0148856
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1925
Construction
WOOD FRAME
Total area
1,024 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CC
APN
1S401AA-01200
UPID
US71-0148856
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
Erasmo Carrillo Garcia · 1 yrs held
Erasmo Carrillo Garcia
since 2024
5 recorded transactions
Zoning & alternative use
CC · Forest Grove, 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 Forest Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Grove 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
$2,052
Tax year 2023
Assessed value
$109,300
Assessed 2023
Previous assessed
$106,120
+3.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$202,880
Total market value
$202,880
Applied tax rate
15.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1925
Construction
WOOD FRAME
Heating
STOVE
Bathrooms
1
Total area
1,024 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CC
APN
1S401AA-01200
UPID
US71-0148856
Jurisdiction
WASHINGTON
Zoning & alternative use
CC · Forest Grove, OR
Zoning CC · permitted uses
CC · Forest Grove, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
WOOD FRAME
Heating
STOVE
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Erasmo Carrillo Garcia
Individual
Free & Clear · 1 yrs held
Mailing address
9555 NW 316TH PL, HILLSBORO, OR 97124-8301
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2024
$118,000
Erasmo Carrillo Garcia
Prosteel Builders LLC
Warranty Deed
—
Feb 25, 2005
$105,000
Prosteel Builders LLC
Cruz,gilberto
Warranty Deed
—
Sep 15, 1999
$94,900
Gilberto Cruz
Stanton,jeff & Dana
Grant Deed
$94,754 · Gmac Mortgage Corp
Apr 9, 1993
$33,000
Anthony J Alex
Mccathron,bonita
Grant Deed
$10,000 · Mccathron Bonita L
Jul 31, 1989
$20,000
Bonita L Mccathron
Stubbs,grace A
Grant Deed
$15,274 · Stubbs Grace A
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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