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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Office buildings
223 Central Ave, Coos Bay, OR 97420-2206
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US71-0874508
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1923
Total area
10,000 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C-1
APN
25 S 13 W 26 CC 7901
UPID
US71-0874508
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
$878k
Blend (final)
Blend
$880k
Owner & transaction history
201 Central LLC · 7 yrs held
201 Central LLC
since 2019
4 recorded transactions
Zoning & alternative use
C-1 · Coos Bay, 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 Coos Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coos Bay 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$880k
Range $792k – $968k · ±10%
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
$88 / 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
$5,257
Tax year 2023
Assessed value
$313,420
Assessed 2023
Previous assessed
$276,480
+13.4% YoY
Effective rate
1.68%
On assessed value
Land market value
$114,340
Improvement market value
$1,306,570
Total market value
$1,420,910
Applied tax rate
6,962.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1923
Heating
NONE
Buildings
3
Total area
10,000 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C-1
APN
25 S 13 W 26 CC 7901
UPID
US71-0874508
Jurisdiction
COOS
Zoning & alternative use
C-1 · Coos Bay, OR
Zoning C-1 · permitted uses
C-1 · Coos Bay, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coos Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Heating
NONE
Buildings
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
201 Central LLC
Entity
Mailing address
275 N BROADWAY, COOS BAY, OR 97420-2340
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2019
$825,000
201 Central LLC
David Weiner
Warranty Deed
$475,000 · David Weiner
Jul 8, 2008
$525,000
David Weiner
David Boykin
Warranty Deed
—
Jul 8, 2008
—
David Weiner
Urban Renewal Agency Of City Coos B
Quit Claim Deed
related
—
Feb 24, 2006
$505,000
David Boykin
Tim Inskeep
Warranty Deed
$265,000 · Clifford Stephens
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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