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Property profile & analytics
OFF-MARKET
Estimated value
$255,000
Industrial properties
2105 Sheridan Ave North Bend, OR 97459-3304
Entity Owned
8-yr Hold
Free & Clear
Property ID
US71-0826624
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1922
Total area
10,780 SF
Lot
0.25 ac (10,890 SF)
Zoning code
ML
APN
25 S 13 W 15 AD 800
UPID
US71-0826624
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
$255k
Owner & transaction history
Lta LLC · 8 yrs held
Lta LLC
since 2018
4 recorded transactions
Zoning & alternative use
ML · North Bend, OR
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 North Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Bend 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
$255k
Range $230k – $281k · ±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
$24 / 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
$2,207
Tax year 2023
Assessed value
$143,500
Assessed 2023
Previous assessed
$139,330
+3.0% YoY
Effective rate
1.54%
On assessed value
Land market value
$158,800
Improvement market value
$43,180
Total market value
$201,980
Applied tax rate
61,360.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1922
Heating
NONE
Total area
10,780 SF
Lot
0.25 ac (10,890 SF)
Zoning code
ML
APN
25 S 13 W 15 AD 800
UPID
US71-0826624
Jurisdiction
COOS
Zoning & alternative use
ML · North Bend, ORZoning ML · permitted uses
ML · North Bend, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
view
Building & site characteristics
From public records
Year built
1922
Heating
NONE
Lot
0.25 ac
Current owner
From public records · entity-resolved
Lta LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2105 SHERIDAN AVE, NORTH BEND, OR 97459-3304
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Mar 11, 2021
—
Lta LLC
—
Deed
related
$1,480,000 · Umpqua Bank
Dec 26, 2019
—
Lta LLC
—
Deed
related
$600,000 · Umpqua Bank
Mar 22, 2018
$315,000
Lta LLC
D B Western INC
Warranty Deed
—
Jun 4, 2012
$228,000
D B Western INC
Coquille Economic Development Corpo
Warranty Deed
—
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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