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Property profile & analytics
OFF-MARKET
Retail space
2123 Oregon Ave Klamath Falls, OR 97601-1669
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US71-0513856
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Total area
2,944 SF
Lot
0.29 ac (12,632 SF)
Zoning code
NC
APN
R-3809-029BC-00400-000
UPID
US71-0513856
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
-
Krispy Krunchy Chicken Restaurant Take-out & Catering
-
Cardtronics ATM Atm
-
Pinnacle 365 Gas Station
-
Just Digital Coin Bitcoin ATM - Klamath Falls Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Colvin Oil I LLC · 9 yrs held
Colvin Oil I LLC
since 2017
4 recorded transactions
Zoning & alternative use
NC · Klamath Falls, 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 Klamath Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Klamath Falls 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,733
Tax year 2023
Assessed value
$310,430
Assessed 2023
Previous assessed
$292,620
+6.1% YoY
Effective rate
1.52%
On assessed value
Land market value
$52,200
Improvement market value
$262,960
Total market value
$315,160
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Cooling
YES
Total area
2,944 SF
Lot
0.29 ac (12,632 SF)
Zoning code
NC
APN
R-3809-029BC-00400-000
UPID
US71-0513856
Jurisdiction
KLAMATH
Zoning & alternative use
NC · Klamath Falls, OR
Zoning NC · permitted uses
NC · Klamath Falls, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Klamath Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
FORCED AIR
Cooling
Yes
Lot
0.29 ac
Current owner
From public records · entity-resolved
Colvin Oil I LLC
Entity
Mailing address
2520 FOOTHILL BLVD, GRANTS PASS, OR 97526-3603
Ownership since
2017
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 28, 2024
—
Hasco Holdings LLC
—
Deed
related
$865,000,000 · Capital One Bank NA
Nov 22, 2022
—
Colvin Oil I LLC
—
Deed
related
$250,000,000 · Citizens Bank NA
May 18, 2017
$459,245
Colvin Oil I LLC
Colvin Stations INC
Bargain And Sale Deed
$74,000,000 · Citizens Bank NA
—
—
Colvin Stations INC
—
Deed Of Trust
related
$2,272,225 · 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.
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