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Property profile & analytics
OFF-MARKET
Office Spaces
2126 Quay Pl Lincoln City, OR 97367-4239
Individually Owned
6-yr Hold
Free & Clear
Property ID
US71-0696826
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1962
Total area
809 SF
Lot
0.15 ac (6,534 SF)
Zoning code
R-M;MULTI-FAMILY RESIDENT
APN
07-11-11-BC-01100-00
UPID
US71-0696826
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
by Request
Owner & transaction history
Randy D Rowlette · 6 yrs held
Randy D Rowlette
since 2020
Last sale
$108,000
4 recorded transactions
Zoning & alternative use
R-M;MULTI-FAMILY RESIDENT · Lincoln City, 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 Lincoln City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln City 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
$1,586
Tax year 2023
Assessed value
$92,880
Assessed 2023
Previous assessed
$90,180
+3.0% YoY
Effective rate
1.71%
On assessed value
Land market value
$63,310
Improvement market value
$41,350
Total market value
$104,660
Applied tax rate
402.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1962
Heating
FORCED AIR
Total area
809 SF
Lot
0.15 ac (6,534 SF)
Zoning code
R-M;MULTI-FAMILY RESIDENT
APN
07-11-11-BC-01100-00
UPID
US71-0696826
Jurisdiction
LINCOLN
Zoning & alternative use
R-M;MULTI-FAMILY RESIDENT · Lincoln City, OR
Zoning R-M;MULTI-FAMILY RESIDENT · permitted uses
R-M;MULTI-FAMILY RESIDENT · Lincoln City, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincoln City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
FORCED AIR
Lot
0.15 ac
Current owner
From public records · entity-resolved
Randy D Rowlette
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 301, GLADSTONE, OR 97027-0301
Ownership since
2020
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
Apr 29, 2020
$108,000
Randy D Rowlette
Katherine L Sutton
Warranty Deed
—
Feb 23, 2018
$95,000
Katherine L Sutton
Pewsey Wilmar A Trust
Warranty Deed
—
Oct 23, 2014
—
Pewsey,wilmar A Living Trust
Pewsey W A Living Trust
Quit Claim Deed
related
—
Jun 1, 2010
—
Pewsey Wilmar A Living Trust
Pewsey,wilmar A
Quit Claim Deed
related
—
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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