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Property profile & analytics
OFF-MARKET
Estimated value
$7,320,000
Retail space
20345 Pacific Hwy, Sherwood, OR 97140-9119
Entity Owned
35-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0760830
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
38,130 SF
Lot
6.37 ac (277,477 SF)
Zoning code
LI
APN
2S129B0-00102
UPID
US71-0760830
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
-
Paws for Responders, LLC Animal Training
-
Oak Barrel Furniture & Home Goods Home Decor Store
-
NW Confident Canines LLC Animal Training
-
Satori Collective 99 (Bike/Boat/Book/etc) Store Photography Service
-
Satori Collective (Bike/Boat/Book/etc) Store Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.32M
Blend (final)
Blend
$7.32M
Owner & transaction history
Mkm Co · 35 yrs held
Mkm Co
since 1991
4 recorded transactions
Zoning & alternative use
LI · Sherwood, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.2M
+42.5%
Restaurant
$11.5M
+35.3%
Commercial (general)
$10.6M
+23.9%
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 Sherwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sherwood 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
RETAIL STORES
$8,530,000
Current use
MEDICAL BUILDING
$12,155,000
Change: +43% · Conversion: Difficult
RESTAURANT
$11,545,000
Change: +35% · Conversion: Easy
COMMERCIAL (GENERAL)
$10,565,000
Change: +24% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$8,470,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$7.32M
Range $6.59M – $8.05M · ±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
$192 / 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
$81,757
Tax year 2023
Assessed value
$4,142,110
Assessed 2023
Previous assessed
$4,021,470
+3.0% YoY
Effective rate
1.97%
On assessed value
Land market value
$2,573,800
Improvement market value
$4,597,450
Total market value
$7,171,250
Applied tax rate
88.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Total area
38,130 SF
Lot
6.37 ac (277,477 SF)
Zoning code
LI
APN
2S129B0-00102
UPID
US71-0760830
Jurisdiction
WASHINGTON
Zoning & alternative use
LI · Sherwood, OR
Zoning LI · permitted uses
LI · Sherwood, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sherwood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$8.5M
MEDICAL BUILDING
Est. value
$12.2M
RESTAURANT
Est. value
$11.5M
COMMERCIAL (GENERAL)
Est. value
$10.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.5M
RETAIL STORES Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
Heating
NONE
Lot
6.37 ac
Current owner
From public records · entity-resolved
Mkm Co
Entity
Free & Clear · 35 yrs held
Mailing address
1800 SW 1ST AVE STE #220, PORTLAND, OR 97201-5326
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1991
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2024
—
G Gary LLC
—
Deed
related
$750,000 · Heritage Southeast Bank
Apr 19, 1991
$160,000
Mkm Co
Unknown
Grant Deed
—
—
—
Gary Vandersanden
—
Deed Of Trust
related
$300,000 · Commercial Bank
—
—
Gary Vandersanden
—
Deed Of Trust
related
$709,170 · Commercial 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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