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Property profile & analytics
OFF-MARKET
Estimated value
$2,705,000
Car washes
225 Quimby Ave Bend, OR 97701-3354
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-0826658
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1979
Total area
2,784 SF
Lot
0.3 ac (13,068 SF)
APN
171228 CC 05901
UPID
US71-0826658
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
-
Flying Frog Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.71M
Owner & transaction history
6921 E 1st Street LLC · 4 yrs held
6921 E 1st Street LLC
since 2022
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
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 Bend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bend 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
$2,615,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.71M
Range $2.43M – $2.98M · ±10% · vs last sale $2.75M (Apr 29 2022)
Last sale anchor
$2.75M
Apr 29 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
$972 / 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
$5,770
Tax year 2023
Assessed value
$360,920
Assessed 2023
Previous assessed
$340,210
+6.1% YoY
Effective rate
1.60%
On assessed value
Land market value
$449,520
Improvement market value
$326,020
Total market value
$775,540
Applied tax rate
1,001.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1979
Heating
NONE
Total area
2,784 SF
Lot
0.3 ac (13,068 SF)
APN
171228 CC 05901
UPID
US71-0826658
Jurisdiction
DESCHUTES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Lot
0.3 ac
Current owner
From public records · entity-resolved
6921 E 1st Street LLC
Entity
Mailing address
1150 CRATER LK AVE STE, MEDFORD, OR 97504-6213
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
6921 E 1st Street LLC
—
Deed
related
$30,000 · Gallic & Johnson LLC
Apr 29, 2022
$2,750,000
6921 E 1st Street LLC
Flying Frog Car Wash LLC
Warranty Deed
$650,000 · Robert G Whitman Ira
Sep 22, 2020
—
Flying Frog Car Wash LLC
Creative R/e Solutions LLC
Warranty Deed
—
Oct 3, 2019
—
Creative R & E Solutions LLC
—
Deed
related
$100,000 · Gordon W Iverson
Aug 15, 2019
—
Creative Real Estate Solutions LLC
—
Deed
related
$230,000 · First Interstate Bank
Mar 12, 2015
$170,000
Creative R & E Solutions LLC
Gage Marvin R & Carol J
Warranty Deed
—
Jul 30, 2007
$250
Marvin B Gage
Central Oregon Irrigation Dist
Quit Claim Deed
related
—
—
—
Creative R & E Solutions LLC
—
Deed Of Trust
related
$180,000 · Gordon W Iverson
—
—
Creative R & E Solutions LLC
—
Deed Of Trust
related
$100,000 · Gordon W Iverson
—
—
Creative R & E Solutions LLC
—
Deed Of Trust
related
$57,068 · Gordon W Iverson
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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