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Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Gas stations
2316 Ct Ave Pendleton, OR 97801-3378
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US71-0961762
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
2022
Total area
3,440 SF
Lot
1.05 ac (45,738 SF)
Zoning code
C-3
APN
2N3212BB04700
UPID
US71-0961762
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
$3.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.50M
Owner & transaction history
First Stop Market INC · 2 yrs held
First Stop Market INC
since 2024
Last sale
$3.5M
3 recorded transactions
Zoning & alternative use
C-3 · Pendleton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide areas for retail and service uses, and housing opportunities which are accessible to the entire community
Zone name
Service Commercial
General category
COMMERCIAL
Zone area
418.64 ac
Source
Realmo
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 Pendleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pendleton 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
$3,500,000
ML approach
$3,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±10% · vs last sale $3.50M (Apr 9 2024)
Last sale anchor
$3.50M
Apr 9 2024
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
$1,017 / 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
$20,750
Tax year 2023
Assessed value
$1,114,400
Assessed 2023
Previous assessed
$1,114,400
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$121,690
Assessed improvement
$992,710
Land market value
$118,170
Improvement market value
$1,504,670
Total market value
$1,622,840
Applied tax rate
1,601.0000
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
2022
Heating
NONE
Total area
3,440 SF
Lot
1.05 ac (45,738 SF)
Zoning code
C-3
APN
2N3212BB04700
UPID
US71-0961762
Jurisdiction
UMATILLA
Zoning & alternative use
C-3 · Pendleton, ORZoning C-3 · permitted uses
C-3 · Pendleton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide areas for retail and service uses, and housing opportunities which are accessible to the entire community
Zone name
Service Commercial
General category
COMMERCIAL
Zone area
418.64 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Lot
1.05 ac
Current owner
From public records · entity-resolved
First Stop Market INC
Entity
Mailing address
2316 SE CT AVE, PENDLETON, OR 97801-3378
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
—
First Stop Market INC
—
Deed
related
$1,800,000 · Open Bank
Apr 9, 2024
$3,500,000
First Stop Market INC
Zira Ptd LLC
Warranty Deed
$4,270,000 · Open Bank
Mar 4, 2022
$1,200,000
Zira Ptd LLC
Mrl LLC
Warranty Deed
$780,000 · Ready Capital Corp
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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