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Property profile & analytics
OFF-MARKET
Office Spaces
205 Frd St, Mcminnville, OR 97128-4632
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US71-0067452
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Lot
0.14 ac (6,098 SF)
Zoning code
C3
APN
R4421BC 10100
UPID
US71-0067452
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
Thomfellow LLC
Thomfellow LLC
since 2025
7 recorded transactions
Zoning & alternative use
C3 · Mcminnville, 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 Mcminnville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcminnville 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
$2,983
Tax year 2023
Assessed value
$176,471
Assessed 2023
Previous assessed
$171,331
+3.0% YoY
Effective rate
1.69%
On assessed value
Land market value
$175,441
Improvement market value
$621,902
Total market value
$797,343
Applied tax rate
40.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.14 ac (6,098 SF)
Zoning code
C3
APN
R4421BC 10100
UPID
US71-0067452
Jurisdiction
YAMHILL
Zoning & alternative use
C3 · Mcminnville, OR
Zoning C3 · permitted uses
C3 · Mcminnville, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcminnville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Thomfellow LLC
Entity
Mailing address
676 NW MORNING VW CT, MCMINNVILLE, OR 97128-5456
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2025
—
Thomfellow LLC
James A Thomas
Bargain & Sale Deed
$400,000 · First Citizens Bank & Trust Co
Sep 18, 2025
$150,000
James A Thomas
Brent J Goodfellow
Bargain & Sale Deed
—
Jun 28, 2021
$637,500
James A Thomas
James A Thomas
Warranty Deed
related
$437,500 · James Thomas
Dec 9, 2004
—
James A Thomas
—
Trustees Deed
related
$50,000 · Citizens Federal Bank Fsb
Oct 25, 2002
$184,000
James A Thomas
Macy,steven D & Glen S
Grant Deed
$144,000 · Key Bank NA
Jun 15, 1994
$49,200
Glen S Macy
Macy,steven D
Grant Deed
related
—
May 13, 1994
$120,000
Steven D Macy
Scott,norman R &
Grant Deed
—
—
—
James A Thomas
—
Deed Of Trust
related
$335,000 · Key Bank & Trust
—
—
James A Thomas
—
Deed Of Trust
related
$50,000 · Key Bank & Trust
—
—
James A Thomas
—
Deed Of Trust
related
$55,000 · Key Bank & Trust
—
—
James A Thomas
—
Deed Of Trust
related
$450,000 · Bank Of America
—
—
James A Thomas
—
Deed Of Trust
related
$355,500 · First Federal Savings Bank
—
—
James A Thomas
—
Deed Of Trust
related
$150,000 · Citizens Federal Bank Fsb
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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