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Property profile & analytics
OFF-MARKET
Retail space
22540 Main St, Sherwood, OR 97140-9407
Entity Owned
3-yr Hold
Free & Clear
Property ID
US71-0908737
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
3,263 SF
Lot
0.23 ac (10,019 SF)
Zoning code
OLD TOWN
APN
2S132BC-04600
UPID
US71-0908737
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
-
Cedar & Stone Mercantile, LLC Home Decor Store Department Store
-
Northwest Kitchen & Bath General Contractor Renovation Specialist
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
16186 1st LLC · 3 yrs held
16186 1st LLC
since 2022
5 recorded transactions
Zoning & alternative use
OLD TOWN · Sherwood, 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 Sherwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sherwood 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
Tax billed
$3,476
Tax year 2023
Assessed value
$176,100
Assessed 2023
Previous assessed
$170,980
+3.0% YoY
Effective rate
1.97%
On assessed value
Land market value
$255,140
Improvement market value
$676,480
Total market value
$931,620
Applied tax rate
88.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Heating
NONE
Buildings
2
Total area
3,263 SF
Lot
0.23 ac (10,019 SF)
Zoning code
OLD TOWN
APN
2S132BC-04600
UPID
US71-0908737
Jurisdiction
WASHINGTON
Zoning & alternative use
OLD TOWN · Sherwood, OR
Zoning OLD TOWN · permitted uses
OLD TOWN · Sherwood, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sherwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Buildings
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
16186 1st LLC
Entity
Free & Clear · 3 yrs held
Mailing address
16186 SW 1ST ST, SHERWOOD, OR 97140-9411
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2022
—
16186 1st LLC
Mary K Conley
Warranty Deed
—
Nov 1, 2019
$725,000
Conley 1998 Trust
Cole Family Living Trust
Warranty Deed
—
Apr 12, 1996
—
Bell,larry E & Susan H
Sheridan,susan H
Trustees Deed
related
—
—
—
Louis F Cole
—
Deed Of Trust
related
$35,000 · Wells Fargo Bank
—
—
Louis F Cole
—
Deed Of Trust
related
$65,000 · First Interstate Bank Oregon
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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