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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Office Spaces
2200 2nd St, Mcminnville, OR 97128-5485
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0010711
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Lot
0.66 ac (28,750 SF)
Zoning code
PUD
APN
R4419DB 04801
UPID
US71-0010711
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
-
Natural Resources Conservation Sustainability Organization
-
Yamhill Soil & Water Conservation District County Government Office
-
USDA Natural Resources Conservation Service Field Office Sustainability Organization
-
West Hills Physical Therapy Physician
-
John Martinez Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
S And S Depaolo Land And Livestock · 3 yrs held
S And S Depaolo Land And Livestock
since 2022
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
PUD · Mcminnville, 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 Mcminnville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcminnville 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
$1,190,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±10% · vs last sale $1.16M (Sep 26 2022)
Last sale anchor
$1.16M
Sep 26 2022
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
—
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
$12,408
Tax year 2023
Assessed value
$734,087
Assessed 2023
Previous assessed
$734,087
+0.0% YoY
Effective rate
1.69%
On assessed value
Land market value
$405,478
Improvement market value
$1,063,922
Total market value
$1,469,400
Applied tax rate
40.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.66 ac (28,750 SF)
Zoning code
PUD
APN
R4419DB 04801
UPID
US71-0010711
Jurisdiction
YAMHILL
Zoning & alternative use
PUD · Mcminnville, OR
Zoning PUD · permitted uses
PUD · Mcminnville, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcminnville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.66 ac
Current owner
From public records · entity-resolved
S And S Depaolo Land And Livestock
Individual
Mailing address
13462 S BUTTE CRK RD, SCOTTS MILLS, OR 97375-9700
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2022
$1,161,000
S And S Depaolo Land And Livestock
E & A Property LLC
Warranty Deed
$700,000 · First Citizens Bank
Mar 7, 2011
—
E & A Property LLC
Sargent,erik & Amy
Grant Deed
—
Dec 16, 2005
$639,000
Erik R Sargent
Westvale Prof Center LLC
Warranty Deed
$420,000 · Umpqua Bank
Apr 4, 2005
—
Westvale Prof Center LLC
Westvale Professional Center
Quit Claim Deed
related
—
Oct 1, 1999
$375,000
Westvale Professional Center
Kauer,raymond C
Grant Deed
$375,000 · Western Fsb
—
—
Westvale Professional Center
—
Deed Of Trust
related
$2,170,000 · Washington Mutual Fsb
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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