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Property profile & analytics
FOR SALE
Commercial real estate
209 Old Pacific Hwy 104 Myrtle Creek, OR 97457-8783
Entity Owned
13-yr Hold
Free & Clear
Property ID
US71-1666698
No photos on file
For Sale
Contact for pricing
209 Old Pacific Hwy,Unit 104, Myrtle Creek, OR 97457-8783
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Total area
2,772 SF
Lot
0.23 ac (10,019 SF)
Zoning code
C2
APN
30-05W-08BB-01600
UPID
US71-1666698
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
Current use
Occupant on record · Public records
-
Nail Set Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
Tulip Properties LLC · 13 yrs held
Tulip Properties LLC
since 2012
4 recorded transactions
Zoning & alternative use
C2 · Myrtle Creek, 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 Myrtle Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Myrtle Creek 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
Blend value · Realmo final
$270k
Range $243k – $297k · ±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
$97 / 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
$1,774
Tax year 2023
Assessed value
$186,419
Assessed 2023
Previous assessed
$175,719
+6.1% YoY
Effective rate
0.95%
On assessed value
Land market value
$104,755
Improvement market value
$299,933
Total market value
$404,688
Applied tax rate
1,906.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2006
Heating
NONE
Buildings
2
Stories
1
Total area
2,772 SF
Lot
0.23 ac (10,019 SF)
Zoning code
C2
APN
30-05W-08BB-01600
UPID
US71-1666698
Jurisdiction
DOUGLAS
Zoning & alternative use
C2 · Myrtle Creek, ORZoning C2 · permitted uses
C2 · Myrtle Creek, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Buildings
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Tulip Properties LLC
Entity
Free & Clear · 13 yrs held
Mailing address
PO BOX 655, CANYONVILLE, OR 97417-0655
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2012
—
Tulip Properties LLC
Tiwari,anandita
Warranty Deed
—
Oct 15, 2012
$50,000
Anandita Tiwari
Smith,bill F JR & Jennifer L
Warranty Deed
—
Aug 23, 2007
—
Bill F Smith JR.
Major,gregory D & Debra K
Deed In Lieu Of Foreclosure
related
—
Jun 12, 2006
$65,000
Gregory D Major
Goodin,michael D
Warranty Deed
$254,000 · Bill F JR & Jennifer L Smith
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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