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Property profile & analytics
OFF-MARKET
Strip malls
208 Ivy Ave, Tillamook, OR 97141-2216
Entity Owned
Absentee Owner
Free & Clear
Property ID
US71-1831369
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1949
Total area
10,800 SF
Lot
0.25 ac (10,890 SF)
Zoning code
TM-C-C
APN
1S1025-AD-09400
UPID
US71-1831369
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
North Coast Towne Center LLC
North Coast Towne Center LLC
since 2025
5 recorded transactions
Zoning & alternative use
TM-C-C · Tillamook, 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 Tillamook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tillamook 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
$9,794
Tax year 2023
Assessed value
$815,290
Assessed 2023
Previous assessed
$791,550
+3.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$159,480
Assessed improvement
$655,810
Land market value
$151,170
Improvement market value
$1,663,780
Total market value
$1,814,950
Applied tax rate
938.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1949
Heating
NONE
Total area
10,800 SF
Lot
0.25 ac (10,890 SF)
Zoning code
TM-C-C
APN
1S1025-AD-09400
UPID
US71-1831369
Jurisdiction
TILLAMOOK
Zoning & alternative use
TM-C-C · Tillamook, OR
Zoning TM-C-C · permitted uses
TM-C-C · Tillamook, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tillamook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Heating
NONE
Lot
0.25 ac
Current owner
From public records · entity-resolved
North Coast Towne Center LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3211 E HAYDEN VW DR, COEUR D ALENE, ID 83815-7032
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2025
—
North Coast Towne Center LLC
Larry Slawson
Warranty Deed
—
Feb 20, 2007
—
Larry L Slawson
—
Trustees Deed
related
$455,250 · Us Bank NA
Nov 15, 2006
$317,750
Linda Slawson
County Of Tillamook
Warranty Deed
$317,750 · Us Bank NA
—
—
Larry L Slawson
—
Deed Of Trust
related
$20,508 · Us Bank NA
—
—
Larry L Slawson
—
Deed Of Trust
related
$484,793 · Us Bank NA
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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