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Property profile & analytics
OFF-MARKET
Specialty properties
2219 28th St, Lincoln City, OR 97367-4403
Individually Owned
14-yr Hold
Property ID
US71-1706660
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1932
Total area
1,865 SF
Lot
0.37 ac (16,117 SF)
Zoning code
R-M;MULTI-FAMILY RESIDENT
APN
07-11-11-BB-02100-00
UPID
US71-1706660
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
Thomas J Mcguire · 14 yrs held
Thomas J Mcguire
since 2011
6 recorded transactions
Zoning & alternative use
R-M;MULTI-FAMILY RESIDENT · Lincoln City, 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 Lincoln City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln City 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
Land market value
$160,870
Total market value
$160,870
Applied tax rate
407.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1932
Heating
FORCED AIR
Buildings
2
Bathrooms
2
Total area
1,865 SF
Lot
0.37 ac (16,117 SF)
Zoning code
R-M;MULTI-FAMILY RESIDENT
APN
07-11-11-BB-02100-00
UPID
US71-1706660
Jurisdiction
LINCOLN
Zoning & alternative use
R-M;MULTI-FAMILY RESIDENT · Lincoln City, OR
Zoning R-M;MULTI-FAMILY RESIDENT · permitted uses
R-M;MULTI-FAMILY RESIDENT · Lincoln City, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincoln City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1932
Heating
FORCED AIR
Buildings
2
Bathrooms
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Thomas J Mcguire
Individual
Mailing address
5288 N INTERSTATE AVE, PORTLAND, OR 97217-3767
Ownership since
2011
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
Oct 18, 2011
$135,000
Thomas J Mcguire
Community Services Consotium
Grant Deed
$144,041 · Umpqua Bank
May 7, 2010
$175,000
Community Services Consortium
Bnc Mtg Loan Trust 2006-1
Grant Deed
—
Sep 4, 2009
$305,000
Bnc Mortgage Loan Trust 2006-1
Northwest Te Svcs INC
Trustees Deed
related
—
Jul 12, 2006
$400,000
Peter Fournier
Fitzpatrick,edward J
Warranty Deed
$300,000 · Bnc Mortgage INC
—
—
Edward J Fitzpatrick
—
Deed Of Trust
related
$156,000 · America's Wholesale Lender
—
—
Community Svcs Consortium
—
Deed Of Trust
related
$75,000 · Lincoln City (ne)
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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