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Property profile & analytics
OFF-MARKET
Retail space
215 Main St, Newberg, OR 97132-2711
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0198369
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.09 ac (3,920 SF)
Zoning code
M2
APN
R3219AB 02700
UPID
US71-0198369
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
-
Miller Consulting Group, LLC Consultant Commercial Real Estate Agency
-
PINEBLACK Advertising Agency Marketing & Advertising
-
Vivian Lee Foundation Charitable Organization Social Service Agency
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
Cooper Properties LLC · 6 yrs held
Cooper Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
M2 · Newberg, 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 Newberg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newberg 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
$3,372
Tax year 2023
Assessed value
$212,076
Assessed 2023
Previous assessed
$205,899
+3.0% YoY
Effective rate
1.59%
On assessed value
Land market value
$101,389
Improvement market value
$517,628
Total market value
$619,017
Applied tax rate
29.0000
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
Heating
NONE
Lot
0.09 ac (3,920 SF)
Zoning code
M2
APN
R3219AB 02700
UPID
US71-0198369
Jurisdiction
YAMHILL
Zoning & alternative use
M2 · Newberg, OR
Zoning M2 · permitted uses
M2 · Newberg, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newberg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.09 ac
Current owner
From public records · entity-resolved
Cooper Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
19430 SW LEBEAU RD, SHERWOOD, OR 97140-8717
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2019
—
Cooper Properties LLC
New Wood LLC
Warranty Deed
—
Jan 4, 2017
—
New Wood LLC
—
Deed
related
$72,223 · Jane Carlsen
Jul 17, 2015
$462,345
New Wood LLC
Estrem John
Warranty Deed
—
Jul 26, 2013
$200,000
Jane Carlsen
Sherwood James & Verna Trust
Warranty Deed
$100,000 · Sherwood James & Verna Tr (pt)
Oct 18, 2010
—
Sherwood James & V Living Trust
Sherwood,james & Verna
Quit Claim Deed
related
—
Oct 1, 1999
$140,000
James Sherwood
Ellingson,lila L
Grant Deed
—
—
—
New Wood LLC
—
Deed Of Trust
related
$72,223 · Jane Carlsen
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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