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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Bed & breakfasts
230 4th St, Ashland, OR 97520-2044
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-0399183
Property profile
Verified
Property type
Bed & breakfasts
Use group
BED & BREAKFAST
Year built
2001
Total area
2,400 SF
Lot
0.1 ac (4,356 SF)
Zoning code
E-1
APN
1-0945411
UPID
US71-0399183
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
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$757k
Blend (final)
Blend
$790k
Owner & transaction history
Kelly J Volpatti · 4 yrs held
Kelly J Volpatti
since 2022
Last sale
$870,000
7 recorded transactions
Zoning & alternative use
E-1 · Ashland, 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 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
$765,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$785,000
Current use
COMMERCIAL (GENERAL)
$690,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±10% · vs last sale $870k (Jan 3 2022)
Last sale anchor
$870k
Jan 3 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
$329 / 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
$6,102
Tax year 2023
Assessed value
$393,870
Assessed 2023
Previous assessed
$382,400
+3.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$94,320
Assessed improvement
$299,550
Land market value
$111,220
Improvement market value
$353,260
Total market value
$464,480
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
Bed & breakfasts
Use group
BED & BREAKFAST
Status
Off-Market
Year built
2001
Heating
NONE
Total area
2,400 SF
Lot
0.1 ac (4,356 SF)
Zoning code
E-1
APN
1-0945411
UPID
US71-0399183
Jurisdiction
JACKSON
Zoning & alternative use
E-1 · Ashland, OR
Zoning E-1 · permitted uses
E-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
HOTEL/MOTEL Current
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$690,000
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
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
Year built
2001
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Kelly J Volpatti
Individual
Mailing address
230 4TH ST, ASHLAND, OR 97520-2044
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
$870,000
Kelly J Volpatti
Robert J Lombardi
Warranty Deed
$652,500 · Citadel Servicing Corporation
Dec 21, 2010
—
Robert J Lombardi
Ajani Oregon LLC
Grant Deed
—
Oct 15, 2003
—
Ajani LLC
Lombardi,robert J & Corinne S
Grant Deed
related
—
Jul 16, 2003
—
Robert J Lombardi
Ajani LLC
Grant Deed
$261,000 · Greenpoint Mortgage Funding
Mar 27, 2002
—
Ajani LLC
Lombardi,robert J & Corinne S
Grant Deed
related
—
Mar 22, 2002
—
Robert J Lombardi
Ajani LLC
Grant Deed
$255,000 · Greenpoint Mortgage Funding
—
—
Robert J Lombardi
—
Deed Of Trust
related
$36,863 · Jean Lombardi
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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