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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Warehouses
220 8th St Aumsville, OR 97325-0011
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US71-0572452
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Total area
6,996 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CL
APN
082W25DC07200
UPID
US71-0572452
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
$818k
Blend (final)
Blend
$800k
Owner & transaction history
For The Love Of Pete Properties LLC · 2 yrs held
For The Love Of Pete Properties LLC
since 2023
Last sale
$777,000
7 recorded transactions
Zoning & alternative use
CL · Aumsville, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to maintain the business and limited commercial activities to one area of the city, and to encourage the placement of a variety of new businesses that offer a greater service to the residents of the city.
Zone name
Commercial
General category
COMMERCIAL
Zone area
11.63 ac
Source
Realmo
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 Aumsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aumsville 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
Method
Estimation
Statistic approach
$940,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,255,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $777k (Aug 25 2023)
Last sale anchor
$777k
Aug 25 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$114 / SF
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
$2,324
Tax year 2023
Assessed value
$149,190
Assessed 2023
Previous assessed
$144,850
+3.0% YoY
Effective rate
1.56%
On assessed value
Land market value
$44,430
Improvement market value
$277,330
Total market value
$321,760
Applied tax rate
5,050.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Heating
NONE
Stories
1
Total area
6,996 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CL
APN
082W25DC07200
UPID
US71-0572452
Jurisdiction
MARION
Zoning & alternative use
CL · Aumsville, ORZoning CL · permitted uses
CL · Aumsville, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to maintain the business and limited commercial activities to one area of the city, and to encourage the placement of a variety of new businesses that offer a greater service to the residents of the city.
Zone name
Commercial
General category
COMMERCIAL
Zone area
11.63 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
For The Love Of Pete Properties LLC
Entity
Mailing address
4921 JONES RD SE, SALEM, OR 97302-4834
Ownership since
2023
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
Aug 25, 2023
$777,000
For The Love Of Pete Properties LLC
Dax Hamilton
Warranty Deed
$795,000 · Pacific Western National Bank
Sep 5, 2018
—
Dax Hamilton
Garcia K A & B C L/tr
Warranty Deed
related
—
Aug 30, 2018
—
Dax J Hamilton
—
Deed
related
$512,000 · Keybank USA
Sep 25, 2017
—
Garcia,kenneth A & B C Trust
Garcia,kenneth A & Barbara C
Quit Claim Deed
related
—
Sep 25, 2017
$550,000
Dax Hamilton
Garcia Kenneth A & B C Trust
Grant Deed
related
—
Mar 21, 1997
$150,000
Capital Concrete Construction
J & F Feed & Seed Co
Grant Deed
related
$105,000 · Us National Bank Oregon
—
—
Capital Concrete Construction
—
Deed Of Trust
related
$82,878 · Pioneer Trust Bank NA
—
—
Capital Concrete Construction
—
Deed Of Trust
related
$900,000 · Pioneer Trust Bank NA
—
—
Capital Concrete Construction
—
Deed Of Trust
related
$600,000 · Pioneer Trust Bank NA
—
—
Capital Concrete Construction
—
Deed Of Trust
related
$300,000 · Pioneer Trust Bank NA
—
—
Dax J Hamilton
—
Deed Of Trust
related
$512,000 · Keybank USA
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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