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Property profile & analytics
OFF-MARKET
Estimated value
$2,560,000
Retail space
205 1st Ave, Stayton, OR 97383-2203
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0513137
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Total area
15,475 SF
Lot
0.92 ac (40,075 SF)
Zoning code
CR
APN
091W10CD03100
UPID
US71-0513137
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
$2.56M
Blend (final)
Blend
$2.56M
Owner & transaction history
Gursaanj LLC · 8 yrs held
Gursaanj LLC
since 2018
7 recorded transactions
Zoning & alternative use
CR · Stayton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.2M
+38.6%
Commercial (general)
$3.1M
+1.2%
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 Stayton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stayton 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
$3,050,000
Current use
OFFICE BUILDING
$4,230,000
Change: +39% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,090,000
Change: +1% · Conversion: Easy
WAREHOUSE, STORAGE
$2,975,000
Change: -3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,780,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$2.56M
Range $2.30M – $2.82M · ±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
$165 / 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
$17,845
Tax year 2021
Assessed value
$1,226,530
Assessed 2023
Previous assessed
$1,161,960
+5.6% YoY
Effective rate
1.45%
On assessed value
Land market value
$263,340
Improvement market value
$963,190
Total market value
$1,226,530
Applied tax rate
29,040.0000
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
Year built
1961
Heating
NONE
Stories
1
Total area
15,475 SF
Lot
0.92 ac (40,075 SF)
Zoning code
CR
APN
091W10CD03100
UPID
US71-0513137
Jurisdiction
MARION
Zoning & alternative use
CR · Stayton, OR
Zoning CR · permitted uses
CR · Stayton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stayton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.1M
OFFICE BUILDING
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$3.1M
WAREHOUSE, STORAGE
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.8M
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1961
Heating
NONE
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Gursaanj LLC
Entity
Free & Clear · 8 yrs held
Mailing address
104 NW STARR ST, SUBLIMITY, OR 97385-8900
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
Gursaanj LLC
—
Deed
related
$1,134,000 · Bank Of The Pacific
Mar 1, 2018
—
Gursaanj LLC
Singh,jaswant
Warranty Deed
related
—
Jul 17, 2017
$1,025,000
Jaswant Singh
Kim,tom
Warranty Deed
—
Dec 22, 2005
$965,500
Tom Kim
Tae,song H
Warranty Deed
$565,000 · Bank Of Tigard
Dec 22, 2005
$60,824
Song H Tae
Tae,mi C
Grant Deed
related
—
May 31, 1996
—
Park N Shop Of Stayton INC
Keil,douglas S & Constance M
Grant Deed
related
—
Nov 20, 1989
$20,000
Douglas S Keil
Unknown
Grant Deed
—
—
—
Song H Te
—
Deed Of Trust
related
$725,000 · American Pacific Bank
—
—
Song H Tae
—
Deed Of Trust
related
$850,000 · Sterling Savings Bank
—
—
Tom Kim
—
Deed Of Trust
related
$545,000 · Riverview Cmnty Bk
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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