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Property profile & analytics
OFF-MARKET
Commercial land
21679 Hwy 62 Shady Cove, OR 97539-8711
Individually Owned
19-yr Hold
Free & Clear
Property ID
US71-0901986
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
1,020 SF
Lot
0.07 ac (3,049 SF)
Zoning code
GC
APN
1-0271809
UPID
US71-0901986
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
Miguel A Castro · 19 yrs held
Miguel A Castro
since 2006
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
$16
Tax year 2023
Assessed value
$1,300
Assessed 2023
Previous assessed
$1,270
+2.4% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,300
Land market value
$2,080
Total market value
$2,080
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Total area
1,020 SF
Lot
0.07 ac (3,049 SF)
Zoning code
GC
APN
1-0271809
UPID
US71-0901986
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
0.07 ac
Current owner
From public records · entity-resolved
Miguel A Castro
Individual
Free & Clear · 19 yrs held
Mailing address
PO BOX 698, SHADY COVE, OR 97539-0698
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2006
$1,000
Miguel A Castro
Jackson County
Quit Claim Deed
related
—
Apr 11, 2003
—
Jackson County (or)
Cadle,gary
Grant Deed
related
—
Mar 22, 1996
—
Gale R Fulton
Foshee,delores R
Grant Deed
related
—
Feb 22, 1994
$562,350
Dolores R Foshee
Foshee,dolores R
Grant Deed
related
—
Jan 17, 1990
—
—
Foshee,dolores R
Grant Deed
related
—
Jul 7, 1988
$75,000
Dolores R Foshee
Mersy,janet M
Grant Deed
related
—
Jun 23, 1987
—
Mersy,janet M
Mersy,janet M
Grant Deed
related
—
Feb 19, 1987
$53,917
Mersy,janet M
Powell,dennis R & Lavina R
Grant Deed
related
—
Jan 22, 1986
$48,000
Powell,dennis R & Lavina R
Goodman,dale & Claire L
Grant Deed
related
—
Jul 14, 1983
—
—
—
Deed Of Trust
related
—
Mar 10, 1982
$3,000
—
—
Grant Deed
related
—
—
—
Miguel A Castro
—
Deed Of Trust
related
$102,700 · 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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