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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
237 2nd St, Jefferson, OR 97352-9703
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US71-0223191
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1966
Total area
3,646 SF
Lot
0.47 ac (20,473 SF)
Zoning code
MUH
APN
103W12BB06600
UPID
US71-0223191
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
-
Center Market Grocery & Convenience Store
-
Fresh Market Grocery & Convenience Store Food Market
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
Patrick M Mcwhorter · 10 yrs held
Patrick M Mcwhorter
since 2015
7 recorded transactions
Zoning & alternative use
MUH · Jefferson, 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 Jefferson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jefferson 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 2021Property tax & assessments
Tax year 2021
Tax billed
$4,063
Tax year 2021
Assessed value
$303,670
Assessed 2023
Previous assessed
$294,830
+3.0% YoY
Effective rate
1.34%
On assessed value
Land market value
$122,140
Improvement market value
$183,040
Total market value
$305,180
Applied tax rate
14,130.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1966
Heating
NONE
Stories
1
Total area
3,646 SF
Lot
0.47 ac (20,473 SF)
Zoning code
MUH
APN
103W12BB06600
UPID
US71-0223191
Jurisdiction
MARION
Zoning & alternative use
MUH · Jefferson, OR
Zoning MUH · permitted uses
MUH · Jefferson, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jefferson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Heating
NONE
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Patrick M Mcwhorter
Individual
Mailing address
237 N 2ND ST, JEFFERSON, OR 97352-9703
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
—
Jagjit Singh
—
Deed
related
$535,500 · Citizens Bank
Aug 10, 2016
—
Jagjit Singh
—
Deed
related
$552,000 · Open Bk
Oct 7, 2015
—
Patrick M Mcwhorter
Mcwhorter,patrick M
Quit Claim Deed
related
—
Jun 17, 2013
$400,000
Jagjit Singh
Mcwhorter,patrick M
Warranty Deed
$195,000 · Jnll LP
Feb 4, 2010
$320,000
Patrick M Mcwhorter
Layton,virginia C
Warranty Deed
$140,000 · Faisal Saad
Apr 6, 2006
—
Virginia C Layton
Saad Ents INC
Grant Deed
$90,000 · Norlander Family Trust (tr)
Sep 16, 1992
$60,000
Faisal Saad
Unknown
Grant Deed
—
—
—
Patrick M Mcwhorter
—
Deed Of Trust
related
$240,000 · Willamette Community Bank
—
—
Jagjit Singh
—
Deed Of Trust
related
$552,000 · Open Bk
—
—
Faisal Saad
—
Deed Of Trust
related
$90,000 · Key Bank Of 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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