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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Office Spaces
208 Baker St, Mcminnville, OR 97128-6036
Individually Owned
Property ID
US71-0354460
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1914
Total area
1,920 SF
Lot
0.1 ac (4,356 SF)
Zoning code
C3
APN
R4421CB 04800
UPID
US71-0354460
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
$385k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
The Aleheny House Revocable Living
The Aleheny House Revocable Living
since 2025
Last sale
$525,000
6 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
Method
Estimation
Statistic approach
$540,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$415,000
6.5%
$385,000
7%
$355,000
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $525k (Oct 5 2022)
Last sale anchor
$525k
Oct 5 2022
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
$276 / 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
$1,842
Tax year 2023
Assessed value
$108,967
Assessed 2023
Previous assessed
$105,793
+3.0% YoY
Effective rate
1.69%
On assessed value
Land market value
$130,373
Improvement market value
$477,362
Total market value
$607,735
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
Year built
1914
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
1,920 SF
Lot
0.1 ac (4,356 SF)
Zoning code
C3
APN
R4421CB 04800
UPID
US71-0354460
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
Year built
1914
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.1 ac
Current owner
From public records · entity-resolved
The Aleheny House Revocable Living
Individual
Mailing address
208 SE BAKER ST, MCMINNVILLE, OR 97128-6036
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2025
—
The Aleheny House Revocable Living
Victoria Michelle Haynes
Deed
related
—
Oct 5, 2022
$525,000
Victoria Michelle Haynes
Jason R Blodgett
Warranty Deed
$506,625 · Strong Home Mortgage LLC
Jan 17, 2018
$400,000
Jason R Blodgett
Thorson,shannon K
Warranty Deed
$250,000 · Loanstar Hm Lndg
Apr 25, 2005
$97,000
Shannon K Thorson
Beneficial Oregon INC
Special Warranty Deed
$148,713 · Wells Fargo Bank NA
Jan 31, 2005
$109,666
Beneficial Mortgage Co
First American Title Ins
Trustees Deed
related
—
Nov 3, 1997
$129,500
Adam W Gaddy
Mullins,james N
Grant Deed
$75,000 · Beneficial Mortgage Co
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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