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Property profile & analytics
FOR LEASE
Auto shops
19350 SW 89Th Ave, Tualatin, OR 97062
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1903432
For Lease
1 / 7
$26,400 SF/Yr
19350 SW 89Th Ave, Tualatin, OR 97062
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1961
Total area
26,467 SF
Lot
1 ac (43,560 SF)
Zoning code
ML
APN
2S123DA-00500
UPID
US71-1903432
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
-
Northwest Spray & Compressor Hardware & Home Improvement General Contractor
-
Active Media Publishing Group Publishing House
-
Advanced Machining Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$2.34M
Owner & transaction history
Jkm Properties LLC · 19 yrs held
Jkm Properties LLC
since 2006
7 recorded transactions
Zoning & alternative use
ML · Tualatin, 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 Tualatin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tualatin 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.34M
Range $2.10M – $2.57M · ±10%
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
$88 / SF
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
$14,902
Tax year 2023
Assessed value
$848,080
Assessed 2023
Previous assessed
$823,380
+3.0% YoY
Effective rate
1.76%
On assessed value
Land market value
$667,010
Improvement market value
$2,564,280
Total market value
$3,231,290
Applied tax rate
23.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1961
Heating
NONE
Total area
26,467 SF
Lot
1 ac (43,560 SF)
Zoning code
ML
APN
2S123DA-00500
UPID
US71-1903432
Jurisdiction
WASHINGTON
Zoning & alternative use
ML · Tualatin, OR
Zoning ML · permitted uses
ML · Tualatin, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tualatin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Jkm Properties LLC
Entity
Mailing address
20135 IMPALA LN, OREGON CITY, OR 97045-8797
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
—
Jkm Properties LLC
—
Deed
related
$175,000 · Citizens Bank
Feb 25, 2021
—
Jkm Properties Lc
—
Deed
related
$707,000 · Citizens Bank
Jun 12, 2019
—
Jkm Properties LLC
—
Deed
related
$120,000 · Citizens Bank
Nov 22, 2006
$1,250,000
Jkm Properties LLC
Fasano Family LLC
Warranty Deed
$900,000 · Wells Fargo Bank NA
Feb 10, 2006
—
Fasano Family LLC
Fasano,louis J & Margaret P
Quit Claim Deed
related
—
Oct 22, 1999
$645,000
David J Carney
L B J LLC
Grant Deed
$483,750 · Us Bank
Dec 13, 1994
$310,000
Louis J Fasano
Amburn,william W & Elva A
Grant Deed
—
—
—
Louis J Fasano
—
Deed Of Trust
related
$999,999 · Liberty Federal Savings & Loan
—
—
David J Carney
—
Deed Of Trust
related
$447,000 · Us Bank NA
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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