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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Drive through restaurants
2290 Ashland St, Ashland, OR 97520-1406
Trust Owned
Absentee Owner
Free & Clear
Property ID
US71-0950887
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Total area
2,880 SF
Lot
0.38 ac (16,553 SF)
Zoning code
C-1
APN
1-0080949
UPID
US71-0950887
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
-
Taco Bell Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$489k
Blend (final)
Blend
$535k
Owner & transaction history
Tolman Trust
Tolman Trust
since 2026
7 recorded transactions
Zoning & alternative use
C-1 · Ashland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$830,000
+16.4%
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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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
Alternative Use
Use
Estimation
RESTAURANT
$710,000
Current use
COMMERCIAL (GENERAL)
$830,000
Change: +16% · Conversion: Easy
MEDICAL BUILDING
$680,000
Change: -5% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$665,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$186 / 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
$10,597
Tax year 2023
Assessed value
$665,990
Assessed 2023
Previous assessed
$646,600
+3.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$302,620
Assessed improvement
$363,370
Land market value
$468,370
Improvement market value
$939,510
Total market value
$1,407,880
Applied tax rate
501.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Heating
NONE
Total area
2,880 SF
Lot
0.38 ac (16,553 SF)
Zoning code
C-1
APN
1-0080949
UPID
US71-0950887
Jurisdiction
JACKSON
Zoning & alternative use
C-1 · Ashland, OR
Zoning C-1 · permitted uses
C-1 · Ashland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$830,000
MEDICAL BUILDING
Est. value
$680,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$665,000
RESTAURANT Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Lot
0.38 ac
Current owner
From public records · entity-resolved
Tolman Trust
Trust
Free & Clear · 0 yrs held
Mailing address
1117 E JACKSON ST, MEDFORD, OR 97504-7028
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Apr 7, 2026
$850,000
Tolman Trust
Grizzly Peak LLC
Warranty Deed
—
Feb 8, 2013
—
Grizzly Peak LLC
Jones,kenneth H & Louise C
Grant Deed
related
—
Jan 23, 2013
—
Grizzly Peak LLC
Jones,kenneth H & Louise C
Grant Deed
—
Jun 6, 2012
—
Philip Thompson
Thompson Jean R
Quit Claim Deed
—
Aug 7, 2009
—
Kenneth H Jones
Jones Kenneth H & L C
Quit Claim Deed
related
—
Jul 30, 2009
—
Summit Inv
Summit Inv
Quit Claim Deed
related
—
Aug 17, 1999
—
Janice A Sutherland
—
Deed Of Trust
related
$10,018,353 · Citicorp Leasing INC
Apr 3, 1989
$85,000
Summit Investment
Summit Investment
Grant Deed
related
—
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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