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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Commercial real estate
22521 Hwy 36 Cheshire, OR 97419-9715
Individually Owned
5-yr Hold
Free & Clear
Property ID
US71-0103493
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1930
Construction
FRAME
Total area
1,216 SF
Lot
3.17 ac (138,085 SF)
Zoning code
RC-RURAL COMMERCIAL
APN
16-06-07-44-00300-000
UPID
US71-0103493
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
$661k
Blend (final)
Blend
$660k
Owner & transaction history
Aaron Harper · 5 yrs held
Aaron Harper
since 2020
7 recorded transactions
Zoning & alternative use
RC-RURAL COMMERCIAL · Cheshire, 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 Cheshire submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheshire 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
$660k
Range $594k – $726k · ±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
$543 / 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
$3,468
Tax year 2023
Assessed value
$291,209
Assessed 2023
Previous assessed
$282,728
+3.0% YoY
Effective rate
1.19%
On assessed value
Land market value
$230,611
Improvement market value
$239,761
Total market value
$470,372
Applied tax rate
6,919.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
HEAT PUMP
Bathrooms
1
Total area
1,216 SF
Lot
3.17 ac (138,085 SF)
Zoning code
RC-RURAL COMMERCIAL
APN
16-06-07-44-00300-000
UPID
US71-0103493
Jurisdiction
LANE
Zoning & alternative use
RC-RURAL COMMERCIAL · Cheshire, OR
Zoning RC-RURAL COMMERCIAL · permitted uses
RC-RURAL COMMERCIAL · Cheshire, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cheshire. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
FRAME
Heating
HEAT PUMP
Bathrooms
1
Lot
3.17 ac
Current owner
From public records · entity-resolved
Aaron Harper
Individual
Free & Clear · 5 yrs held
Mailing address
22527 HWY 36, CHESHIRE, OR 97419-9715
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2020
—
Aaron Harper
Zane D Larson
Warranty Deed
—
Aug 3, 2020
$160,000
Rosemary Imhof
Aaron Harper
Warranty Deed
$74,651 · Zane D & Erma J Larson
Mar 18, 2014
$90,000
Aaron Harper
Larson,zane D & Erma J
Dual Purpose Document
$90,000 · Zane D & Erma J Larson
Mar 18, 2014
—
Zane D Larson
Larson,zane D
Quit Claim Deed
related
—
Dec 31, 2013
$45,000
Zane D Larson
Smith,michelle L
Warranty Deed
—
Apr 4, 2007
—
Michelle L Smith
Graham,marion L
Grant Deed
related
—
Mar 26, 2007
—
Michelle L Smith
Graham,marion L
Grant Deed
related
—
—
—
Marion L Graham
—
Deed Of Trust
related
$20,000 · Pacific Continental Bank
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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