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Property profile & analytics
OFF-MARKET
Manufacturing properties
2335 Industrial Ave, Hubbard, OR 97032
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0065205
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2021
Total area
1,096 SF
Lot
0.54 ac (23,522 SF)
Zoning code
IC
APN
041W33DC01600
UPID
US71-0065205
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Peter Brock · 1 yrs held
Peter Brock
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
IC · Hubbard, 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 Hubbard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hubbard 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
$5,596
Tax year 2023
Assessed value
$368,740
Assessed 2023
Previous assessed
$358,000
+3.0% YoY
Effective rate
1.52%
On assessed value
Land market value
$109,850
Improvement market value
$449,400
Total market value
$559,250
Applied tax rate
15,119.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2021
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
1,096 SF
Lot
0.54 ac (23,522 SF)
Zoning code
IC
APN
041W33DC01600
UPID
US71-0065205
Jurisdiction
MARION
Zoning & alternative use
IC · Hubbard, OR
Zoning IC · permitted uses
IC · Hubbard, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hubbard. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Peter Brock
Individual
Mailing address
1195 JOSEPHINE ST, OREGON CITY, OR 97045-3809
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
$1,000,000
Peter Brock
Jeffrey M Langley
Warranty Deed
$700,000 · Jeffrey Langley
Nov 1, 2017
$175,000
Jeffrey M Langley
Webstar Spies LLC
Warranty Deed
$131,250 · Webstar Spies LLC
Feb 19, 2016
—
Webstar Spies LLC
Berryman Clarke & P Trust
Grant Deed
related
—
Dec 30, 2015
$145,000
Berryman,clarke & P Trust
Berkey,erik L
Warranty Deed
—
Jul 29, 2008
—
Erik L Berkey
Tcp Investments LLC
Grant Deed
related
—
Aug 9, 2007
$150,000
Erik Berkey
Reznicsek,robert
Warranty Deed
—
Feb 23, 2005
$135,000
Robert Reznicsek
Herzog,joanne J
Warranty Deed
—
Sep 2, 1975
$17,900
George D Herzog
Unknown
Grant Deed
—
—
—
Berkey,erik L
—
Deed Of Trust
related
$104,500 · Green Tree Servicing
—
—
George D Herzog
—
Deed Of Trust
related
$42,000 · America's Wholesale Lender
—
—
George D Herzog
—
Deed Of Trust
related
$76,000 · Washington Mutual Fsb
—
—
George D Herzog
—
Deed Of Trust
related
$14,393 · Commercial Credit Corp
—
—
George D Herzog
—
Deed Of Trust
related
$20,000 · Gn Mortgage Corp
—
—
Erik L Berkey
—
Deed Of Trust
related
$106,000 · Premier Mortgage Resources
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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