New search
Property profile & analytics
OFF-MARKET
Commercial real estate
21411 Hwy 62 Shady Cove, OR 97539-7500
Individually Owned
7-yr Hold
Free & Clear
Property ID
US71-0211503
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
1,748 SF
Lot
0.23 ac (10,019 SF)
Zoning code
GC
APN
1-0271955
UPID
US71-0211503
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
Harlon V Mcelroy · 7 yrs held
Harlon V Mcelroy
since 2018
7 recorded transactions
Zoning & alternative use
GC · Shady Cove, 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 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
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
$1,411
Tax year 2023
Assessed value
$117,560
Assessed 2023
Previous assessed
$114,140
+3.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$57,700
Assessed improvement
$59,860
Land market value
$68,050
Improvement market value
$70,600
Total market value
$138,650
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
1,748 SF
Lot
0.23 ac (10,019 SF)
Zoning code
GC
APN
1-0271955
UPID
US71-0211503
Jurisdiction
JACKSON
Zoning & alternative use
GC · Shady Cove, OR
Zoning GC · permitted uses
GC · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
Harlon V Mcelroy
Individual
Free & Clear · 7 yrs held
Mailing address
PO BOX 207, SHADY COVE, OR 97539-0207
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2019
—
Harlon V Mcelroy
—
Deed
related
$50,000 · Rober Tompkin
Oct 1, 2018
$125,000
Harlon V Mcelroy
Tompkins,roger
Warranty Deed
—
Sep 16, 2016
$175,000
Roger Tompkins
New Hope LLC
Warranty Deed
—
Aug 17, 2009
—
New Hope LLC
Boehm Irrevocable Liqu Trust
Grant Deed
—
Apr 24, 2009
—
Boehm Irrevocable L Trust
—
Deed Of Trust
related
$6,695,296 · Premierwest Bank
Oct 12, 2005
$47,750
Dennis Enriques
Freidel,buddy F & Dorothy S
Warranty Deed
—
May 10, 1989
$29,000
Dennis Enriquez
Freidel,buddy F & Dorothy S
Grant Deed
related
—
Jan 6, 1988
—
—
Freidel,buddy F & Dorothy S
Grant Deed
related
—
Apr 2, 1986
$67,150
—
Freidel,buddy F & Dorothy S
Grant Deed
related
—
Apr 18, 1983
—
Elder,gilbert S
—
Deed Of Trust
related
—
—
—
Harlon V Mcelroy
—
Deed Of Trust
related
$50,000 · Rober Tompkin
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?”
You own 21411 Hwy 62?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
