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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2012 Carden Ave Pendleton, OR 97801-1108
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0560809
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1970
Total area
1,923 SF
Lot
0.52 ac (22,500 SF)
Zoning code
R-3
APN
2N3210BB00802
UPID
US71-0560809
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
W I Construction INC · 14 yrs held
W I Construction INC
since 2012
1 recorded transaction
Zoning & alternative use
R-3 · Pendleton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide for residential development, at increased densities, offering varying forms of urban living in close proximity to jobs, goods and services. Zoning of land for R-3 shall be based on applicable criteria in the Comprehensive Plan
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
285.24 ac
Source
Realmo
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 Pendleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pendleton 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
$1,085
Tax year 2023
Assessed value
$61,040
Assessed 2023
Previous assessed
$100,180
-39.1% YoY
Effective rate
1.78%
On assessed value
Assessed land
$28,070
Assessed improvement
$32,970
Land market value
$28,070
Improvement market value
$32,970
Total market value
$61,040
Applied tax rate
1,601.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
YES
Rooms
11
Bathrooms
2
Total area
1,923 SF
Lot
0.52 ac (22,500 SF)
Zoning code
R-3
APN
2N3210BB00802
UPID
US71-0560809
Jurisdiction
UMATILLA
Zoning & alternative use
R-3 · Pendleton, ORZoning R-3 · permitted uses
R-3 · Pendleton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide for residential development, at increased densities, offering varying forms of urban living in close proximity to jobs, goods and services. Zoning of land for R-3 shall be based on applicable criteria in the Comprehensive Plan
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
285.24 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Cooling
Yes
Rooms
11
Bathrooms
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
W I Construction INC
Entity
Mailing address
699 MCKAY RD, TOUCHET, WA 99360-9688
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Jul 6, 2012
—
W I Construction INC
Jack Ingram
Bargain And Sale Deed
$243,750 · Columbia State 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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