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Property profile & analytics
OFF-MARKET
Estimated value
$6,610,000
Warehouses
21150 Butteville NE Rd, Aurora, OR 97002-9773
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US71-0614170
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Total area
45,440 SF
Lot
3 ac (130,680 SF)
Zoning code
I
APN
041W17BC00200
UPID
US71-0614170
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
$6.61M
Blend (final)
Blend
$6.61M
Owner & transaction history
Materia Flow & Conveyor Systems INC · 2 yrs held
Materia Flow & Conveyor Systems INC
since 2023
7 recorded transactions
Zoning & alternative use
I · Aurora, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.1M
+3.8%
Retail stores
$9.0M
+2.6%
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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,735,000
Current use
COMMERCIAL (GENERAL)
$9,065,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$8,965,000
Change: +3% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$8,155,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$6.61M
Range $5.95M – $7.27M · ±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
$145 / 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
$24,246
Tax year 2023
Assessed value
$1,986,540
Assessed 2023
Previous assessed
$1,928,680
+3.0% YoY
Effective rate
1.22%
On assessed value
Land market value
$370,480
Improvement market value
$3,742,270
Total market value
$4,112,750
Applied tax rate
15,080.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Heating
NONE
Buildings
2
Stories
1
Total area
45,440 SF
Lot
3 ac (130,680 SF)
Zoning code
I
APN
041W17BC00200
UPID
US71-0614170
Jurisdiction
MARION
Zoning & alternative use
I · Aurora, OR
Zoning I · permitted uses
I · Aurora, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aurora. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.7M
COMMERCIAL (GENERAL)
Est. value
$9.1M
RETAIL STORES
Est. value
$9.0M
INDUSTRIAL (GENERAL)
Est. value
$8.2M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1992
Heating
NONE
Stories
1
Buildings
2
Lot
3 ac
Current owner
From public records · entity-resolved
Materia Flow & Conveyor Systems INC
Entity
Mailing address
21150 BUTTEVILLE RD, DONALD, OR 97020
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2023
—
Materia Flow & Conveyor Systems INC
Nyalla Investments LLC
Lease
$3,500,000 · Harvest Commercial Capital LLC
Jul 5, 2016
—
Nyalla Investments LLC
—
Deed
related
$1,750,000 · Premier Cmnty Bk
Jun 15, 2016
—
Nyalla Investments LLC
—
Deed
related
$1,750,000 · Premier Cmnty Bk
Nov 7, 2008
—
Ferdinard J Living Beernink
Beernink Ferdinard J Trust
Quit Claim Deed
related
—
Nov 7, 2008
$1,860,000
Nyalla Investments LLC
Beernink Ferdinard J Trust
Warranty Deed
$951,289 · Sterling Savings Bank
Mar 1, 1999
$150,000
Judith A Beernink
Beernink,ferdinand J
Grant Deed
related
—
May 17, 1995
$1,175,000
Beernink,ferdinand J
Ehlen,j S
Trustees Deed
$885,000 · Bank Of America Oregon
May 17, 1995
—
J S Ehlen
Ghiglia,earl R & Margaret R
Grant Deed
related
—
Oct 9, 1991
$130,000
Feller,violet R-trustee
Unknown
Grant Deed
—
—
—
Beernink Ferdinand J Trust
—
Deed Of Trust
related
$750,000 · Sterling Savings Bank
—
—
Nyalla Investments LLC
—
Loan Modification
related
$1,750,000 · Premier Cmnty Bk
—
—
Nyalla Investments LLC
—
Deed Of Trust
related
$1,750,000 · Premier Cmnty Bk
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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