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Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Drive through restaurants
2000 Baseline St Cornelius, OR 97113-8501
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1553827
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2015
Total area
2,734 SF
Lot
0.58 ac (25,265 SF)
Zoning code
GMU
APN
1N334CD-00700
UPID
US71-1553827
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
-
Panda Express Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.34M
Owner & transaction history
Cft Nv Developments LLC · 10 yrs held
Cft Nv Developments LLC
since 2016
1 recorded transaction
Zoning & alternative use
GMU · Cornelius, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
GATEWAY MIXED USE (GMU) (§ 18.75.010 - § 18.75.080) Chapter 18.80 MAIN STREET CIVIC ZONE (MSC) Chapter 18.85 MAIN STREET DESIGN OVERLAY (MSDO) Chapter 18.90 FLOODPLAIN DISTRICT (FP) (§ 18.90.010 - § 18.90.080) Chapter 18.95 NATURAL RESOURCES OVERLAY (NRO) (§ 18.95.010 - § 18.95.060)
Zone name
Gateway Mixed Use
General category
MIXED_USE
Zone area
57.63 ac
Top alternative use upside
Medical building
$870,000
+5.3%
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 Cornelius submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cornelius 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
Alternative Use
Use
Estimation
RESTAURANT
$830,000
Current use
MEDICAL BUILDING
$870,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±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
$490 / 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
$15,207
Tax year 2023
Assessed value
$877,150
Assessed 2023
Previous assessed
$851,610
+3.0% YoY
Effective rate
1.73%
On assessed value
Land market value
$407,980
Improvement market value
$1,394,010
Total market value
$1,801,990
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2015
Heating
NONE
Total area
2,734 SF
Lot
0.58 ac (25,265 SF)
Zoning code
GMU
APN
1N334CD-00700
UPID
US71-1553827
Jurisdiction
WASHINGTON
Zoning & alternative use
GMU · Cornelius, ORZoning GMU · permitted uses
GMU · Cornelius, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
GATEWAY MIXED USE (GMU) (§ 18.75.010 - § 18.75.080) Chapter 18.80 MAIN STREET CIVIC ZONE (MSC) Chapter 18.85 MAIN STREET DESIGN OVERLAY (MSDO) Chapter 18.90 FLOODPLAIN DISTRICT (FP) (§ 18.90.010 - § 18.90.080) Chapter 18.95 NATURAL RESOURCES OVERLAY (NRO) (§ 18.95.010 - § 18.95.060)
Zone name
Gateway Mixed Use
General category
MIXED_USE
Zone area
57.63 ac
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$830,000
MEDICAL BUILDING
Est. value
$870,000
RESTAURANT Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Heating
NONE
Lot
0.58 ac
Current owner
From public records · entity-resolved
Cft Nv Developments LLC
Entity
Mailing address
1683 WALNUT GRV AVE, ROSEMEAD, CA 91770-3711
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2016
—
Cft Nv Developments LLC
—
Deed
related
$745,000 · East West 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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