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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Bars & Pubs
208 Lewis St Silverton, OR 97381-1630
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US71-0074696
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1938
Total area
5,462 SF
Lot
0.21 ac (9,148 SF)
Zoning code
DC
APN
061W35CB03600
UPID
US71-0074696
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
$1.00M
Blend (final)
Blend
$1.00M
Owner & transaction history
Silver Falls Brewery LLC · 9 yrs held
Silver Falls Brewery LLC
since 2016
7 recorded transactions
Zoning & alternative use
DC · Silverton, 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 Silverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silverton 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
RESTAURANT
$1,660,000
Current use
OFFICE BUILDING
$1,495,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±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
$183 / 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
$8,158
Tax year 2021
Assessed value
$516,560
Assessed 2023
Previous assessed
$501,520
+3.0% YoY
Effective rate
1.58%
On assessed value
Land market value
$67,920
Improvement market value
$963,590
Total market value
$1,031,510
Applied tax rate
4,920.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1938
Heating
NONE
Stories
1
Total area
5,462 SF
Lot
0.21 ac (9,148 SF)
Zoning code
DC
APN
061W35CB03600
UPID
US71-0074696
Jurisdiction
MARION
Zoning & alternative use
DC · Silverton, OR
Zoning DC · permitted uses
DC · Silverton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silverton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
RESTAURANT Current
OFFICE BUILDING
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
1938
Heating
NONE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Silver Falls Brewery LLC
Entity
Mailing address
207 JERSEY ST, SILVERTON, OR 97381-1647
Ownership since
2016
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
May 28, 2021
—
Silver Falls Brewery LLC
—
Deed
related
$997,000 · Evergreen Busn Cap
Feb 12, 2021
—
Silver Falls Brewery LLC
—
Deed
related
$968,000 · Evolve Bk&tr
Oct 22, 2020
—
Silver Falls Brewery LLC
—
Deed
related
$968,000 · Evolve Bk&tr
Jul 31, 2020
—
Silver Falls Brewery LLC
—
Deed
related
$968,000 · Evolve Bk&tr
Oct 29, 2019
—
Silver Falls Brewery LLC
—
Deed
related
$968,000 · Evolve Bk&tr
Sep 7, 2016
$375,000
Silver Falls Brewery LLC
Potter,david A & Terrie L
Warranty Deed
$355,000 · David A & Terrie L Potter
Mar 15, 2006
$160,000
David Potter
Southmayd Nina O Trust
Warranty Deed
—
—
—
Silver Falls Brewery LLC
—
Deed Of Trust
related
$1,137,400 · Evolve Bk&tr
—
—
Silver Falls Brewery LLC
—
Deed Of Trust
related
$968,000 · Evolve Bk&tr
—
—
Silver Falls Brewery LLC
—
Loan Modification
related
$968,000 · Evolve Bk&tr
—
—
Silver Falls Brewery LLC
—
Loan Modification
related
$968,000 · Evolve Bk&tr
—
—
Silver Falls Brewery LLC
—
Deed Of Trust
related
$997,000 · Evergreen Busn Cap
—
—
Silver Falls Brewery LLC
—
Loan Modification
related
$968,000 · Evolve Bk&tr
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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