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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Bars & Pubs
20231 2nd NE St, Saint Paul, OR 97137
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US71-0543279
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
2008
Total area
1,840 SF
Lot
0.27 ac (11,761 SF)
Zoning code
CG
APN
042W19AC00800
UPID
US71-0543279
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
-
Rodeo Inn Bar & Pub Restaurant
-
Fast Track Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
Mgv Management INC · 6 yrs held
Mgv Management INC
since 2020
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
CG · Saint Paul, 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 Saint Paul submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Paul 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
$712 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$5,493
Tax year 2021
Assessed value
$397,320
Assessed 2023
Previous assessed
$385,750
+3.0% YoY
Effective rate
1.38%
On assessed value
Land market value
$66,760
Improvement market value
$389,270
Total market value
$456,030
Applied tax rate
45,160.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
2008
Heating
NONE
Buildings
2
Stories
1
Total area
1,840 SF
Lot
0.27 ac (11,761 SF)
Zoning code
CG
APN
042W19AC00800
UPID
US71-0543279
Jurisdiction
MARION
Zoning & alternative use
CG · Saint Paul, OR
Zoning CG · permitted uses
CG · Saint Paul, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saint Paul. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Stories
1
Buildings
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
Mgv Management INC
Entity
Mailing address
PO BOX 355, SAINT PAUL, OR 97137-0355
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2020
$1,500,000
Mgv Management INC
Robert Kim
Warranty Deed
$1,380,000 · Open Bk
Dec 10, 2007
—
Robert Kim
Kim,robert & Agatha
Quit Claim Deed
related
$170,000 · Key Bank & Trust
Dec 14, 2005
$32,500
Robert Kim
Bowdish,jeanne M
Grant Deed
—
Dec 24, 1996
$32,500
Robert Kim
Bowdish,jeanne M
Grant Deed
—
Feb 24, 1993
$28,000
Rodney D Bowdish
Unknown
Grant Deed
—
—
—
Robert S Kim
—
Deed Of Trust
related
$111,250 · Wsco Petroleum Corp
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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