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Property profile & analytics
OFF-MARKET
Retail space
195 Hwy 101, Waldport, OR 97394-3032
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0526155
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1971
Construction
WOOD
Total area
3,441 SF
Lot
0.14 ac (6,098 SF)
Zoning code
DD;DOWNTOWN DISTRICT
APN
13-11-19-BD-03800-00
UPID
US71-0526155
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
-
The Bees Knees Studio Department Store
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
Bainbridge Investments LLC · 5 yrs held
Bainbridge Investments LLC
since 2020
Last sale
$180,000
7 recorded transactions
Zoning & alternative use
DD;DOWNTOWN DISTRICT · Waldport, 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 Waldport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waldport 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
$4,062
Tax year 2023
Assessed value
$243,860
Assessed 2023
Previous assessed
$236,760
+3.0% YoY
Effective rate
1.67%
On assessed value
Land market value
$161,110
Improvement market value
$137,060
Total market value
$298,170
Applied tax rate
303.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
NONE
Buildings
3
Bathrooms
1
Total area
3,441 SF
Lot
0.14 ac (6,098 SF)
Zoning code
DD;DOWNTOWN DISTRICT
APN
13-11-19-BD-03800-00
UPID
US71-0526155
Jurisdiction
LINCOLN
Zoning & alternative use
DD;DOWNTOWN DISTRICT · Waldport, OR
Zoning DD;DOWNTOWN DISTRICT · permitted uses
DD;DOWNTOWN DISTRICT · Waldport, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waldport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
NONE
Buildings
3
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Bainbridge Investments LLC
Entity
Mailing address
PO BOX 2021, NEWPORT, OR 97365-0144
Ownership since
2020
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
Jul 10, 2020
$180,000
Bainbridge Investments LLC
Niehaus Wayne L Trust
Warranty Deed
$155,000 · Niehaus Wayne L Trust (pt)
Jun 29, 2020
—
Niehaus,wayne L Trust
Wayne L Niehaus
Quit Claim Deed
related
—
Aug 21, 2013
—
Wayne Niehaus
Millers Real Estate Services I
Quit Claim Deed
related
—
Jul 8, 2011
$318,347
Wayne Niehaus
Sheriff Of Lincoln County
Trustees Deed
—
May 7, 2007
—
Department Of Transportation
Millers Real Estate Svcs INC
Quit Claim Deed
related
—
May 7, 2007
$4,275
Department Of Transportation
Horlings,hank
Warranty Deed
—
Feb 2, 2007
$360,155
Hank Horlings
Boulder Lake Investment LLC
Grant Deed
—
Sep 1, 2006
—
Boulder Lake Investment LLC
—
Trustees Deed
related
$355,000 · Hank Horlings
Aug 1, 2006
$355,000
Boulder Lake Investment LLC
Niehaus,wayne
Warranty Deed
$255,000 · Wayne Niehaus
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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