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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Industrial properties
1940 Don St Ste 200, Springfield, OR 97477-5922
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-1394377
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
2.32 ac (101,059 SF)
Zoning code
LMI-LIGHT MEDIUM INDUST
APN
17-03-27-00-00903-000
UPID
US71-1394377
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
$1.70M
Owner & transaction history
Ddmr LLC · 3 yrs held
Ddmr LLC
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
LMI-LIGHT MEDIUM INDUST · 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
$1,870,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.70M (Sep 15 2022)
Last sale anchor
$1.70M
Sep 15 2022
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 2024Property tax & assessments
Tax year 2024
Tax billed
$27,937
Tax year 2024
Assessed value
$1,503,470
Assessed 2024
Previous assessed
$1,459,680
+3.0% YoY
Effective rate
1.86%
On assessed value
Land market value
$935,919
Improvement market value
$1,324,839
Total market value
$2,260,758
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
2.32 ac (101,059 SF)
Zoning code
LMI-LIGHT MEDIUM INDUST
APN
17-03-27-00-00903-000
UPID
US71-1394377
Jurisdiction
LANE
Zoning & alternative use
LMI-LIGHT MEDIUM INDUST · Springfield, OR
Zoning LMI-LIGHT MEDIUM INDUST · permitted uses
LMI-LIGHT MEDIUM INDUST · 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
2.32 ac
Current owner
From public records · entity-resolved
Ddmr LLC
Entity
Mailing address
1940 DON ST, SPRINGFIELD, OR 97477-5911
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2022
$1,700,000
Ddmr LLC
Dh2 LLC
Warranty Deed
$432,975 · Summit Bank
Feb 11, 2016
—
Dh2 LLC
Hilles,david H & Diza M
Warranty Deed
—
Jan 16, 2015
$1,175,000
David H Hilles
1940 Don Street LLC
Grant Deed
—
Jan 25, 2010
—
1940 Don Street LLC
Securecom INC
Grant Deed
—
Jun 26, 2009
—
Gregory L Strausbaugh
North Cascades National Bank
Quit Claim Deed
related
—
May 28, 2009
—
1940 Don Street LLC
Strausbaugh,gregory L & Sharree L
Grant Deed
$730,000 · Pacific Continental Bank
Feb 2, 1999
—
Gregory L Strausbaugh
—
Grant Deed
related
$811,000 · Pacific Continental Bank
Dec 30, 1997
$65,000
Gregory L Strausbaugh
Hall,elizabeth
Grant Deed
$42,250 · Pacific Continental Bank
May 6, 1996
$70,000
Elizabeth Hall
Wilson,charles
Grant Deed
$63,000 · Seller
—
—
Gregory L Strausbaugh
—
Deed Of Trust
related
$660,029 · Adams Trust
—
—
1940 Don Street LLC
—
Deed Of Trust
related
$32,500 · Pacific Continental Bank
—
—
Gregory L Strausbaugh
—
Deed Of Trust
related
$504,500 · Pacific Continental Bank
—
—
Gregory L Straubaugh
—
Deed Of Trust
related
$660,029 · Adams Trust
—
—
Gregory L Strausbaugh
—
Deed Of Trust
related
$787,500 · North Cascades Nat'l 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.
Try Rey
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