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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Commercial real estate
21195 Hwy 62 Shady Cove, OR 97539-9421
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0211507
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
3,892 SF
Lot
0.36 ac (15,682 SF)
Zoning code
C-1
APN
1-0272345
UPID
US71-0211507
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
$620k
Comparable Approach
Comparable
$719k
Blend (final)
Blend
$655k
Owner & transaction history
21195 Highway 62 LLC · 18 yrs held
21195 Highway 62 LLC
since 2007
7 recorded transactions
Zoning & alternative use
C-1 · Shady Cove, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$920,000
+26.1%
Neighborhood: shopping center
$900,000
+23.7%
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 Shady Cove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shady Cove 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%
$670,000
6.5%
$620,000
7%
$575,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$730,000
Current use
MEDICAL BUILDING
$920,000
Change: +26% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$900,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$680,000
Change: -7% · Conversion: Easy
AUTO REPAIR, GARAGE
$630,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$168 / 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
$4,170
Tax year 2023
Assessed value
$347,410
Assessed 2023
Previous assessed
$337,300
+3.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$93,480
Assessed improvement
$253,930
Land market value
$88,650
Improvement market value
$325,630
Total market value
$414,280
Applied tax rate
915.0000
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
Off-Market
Heating
NONE
Total area
3,892 SF
Lot
0.36 ac (15,682 SF)
Zoning code
C-1
APN
1-0272345
UPID
US71-0211507
Jurisdiction
JACKSON
Zoning & alternative use
C-1 · Shady Cove, OR
Zoning C-1 · permitted uses
C-1 · Shady Cove, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shady Cove. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$730,000
MEDICAL BUILDING
Est. value
$920,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$900,000
RETAIL STORES
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$630,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
Heating
NONE
Lot
0.36 ac
Current owner
From public records · entity-resolved
21195 Highway 62 LLC
Entity
Free & Clear · 18 yrs held
Mailing address
683 S STAGE RD, MEDFORD, OR 97501-4524
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2007
—
21195 Highway 62 LLC
Lichlyter,tim & Carol
Warranty Deed
—
Sep 21, 2001
$149,500
John R Blake
Newby,raymond L & Ellen A
Grant Deed
—
Jun 27, 2001
$200,000
Timothy L Lichlyter
Blake,john R & Gail C
Grant Deed
$150,000 · Western Fsb
Mar 29, 1995
$149,500
Newby,raymond L & Ellen A
Newby,raymond L & Ellen A
Grant Deed
related
—
Feb 24, 1995
—
Raymond L Newby
Spring,lloyd G & Marjorie L
Grant Deed
related
—
Sep 28, 1988
—
Marjorie L Gladwill
Spring,lloyd G & Marjorie L
Grant Deed
related
—
—
—
Timothy L Lichlyter
—
Deed Of Trust
related
$225,000 · Premierwest Bank
—
—
21195 Highway 62 LLC
—
Deed Of Trust
related
$300,000 · Premierwest Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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