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Property profile & analytics
OFF-MARKET
Estimated value
$2,050,000
Showrooms
21128 Hwy 99th NE Aurora, OR 97002-9202
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US71-0996592
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1919
Total area
21,528 SF
Lot
1.54 ac (67,082 SF)
Zoning code
C
APN
041W13BD03001
UPID
US71-0996592
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
$2.03M
Blend (final)
Blend
$2.05M
Owner & transaction history
William A Nootenboom · 21 yrs held
William A Nootenboom
since 2005
5 recorded transactions
Zoning & alternative use
C · Aurora, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to provide areas for retail and service commercial uses.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
66.17 ac
Source
Realmo
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 Aurora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aurora 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
$2.05M
Range $1.85M – $2.26M · ±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
$95 / 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
$5,690
Tax year 2023
Assessed value
$370,070
Assessed 2023
Previous assessed
$359,300
+3.0% YoY
Effective rate
1.54%
On assessed value
Land market value
$322,920
Improvement market value
$682,660
Total market value
$1,005,580
Applied tax rate
15,069.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1919
Heating
NONE
Buildings
2
Stories
1
Total area
21,528 SF
Lot
1.54 ac (67,082 SF)
Zoning code
C
APN
041W13BD03001
UPID
US71-0996592
Jurisdiction
MARION
Zoning & alternative use
C · Aurora, ORZoning C · permitted uses
C · Aurora, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to provide areas for retail and service commercial uses.
Zone name
General Commercial
General category
COMMERCIAL
Zone area
66.17 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1919
Heating
NONE
Stories
1
Buildings
2
Lot
1.54 ac
Current owner
From public records · entity-resolved
William A Nootenboom
Individual
Mailing address
PO BOX 454, CANBY, OR 97013-0454
Ownership since
2005
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
Dec 3, 2020
—
William A Nootenboom
—
Deed
related
—
Feb 15, 2005
—
William A Nootenboom
Hamilton,joann
Grant Deed
$250,000 · Pinnacle Bank Or
—
—
William A Nootenboom
—
Loan Modification
related
$496,305 · Washington Tr Bk
—
—
William A Nootenboom
—
Loan Modification
related
—
—
—
Nootenboom,william A & Teresa D
—
Deed Of Trust
related
$450,000 · Pinnacle Bk/or
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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