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Property profile & analytics
OFF-MARKET
Office Spaces
240 Hersey St, Ashland, OR 97520-5202
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US71-1691783
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Total area
23,400 SF
Lot
1.22 ac (53,143 SF)
Zoning code
E-1
APN
1-0051121
UPID
US71-1691783
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
-
Aztech Screen Printing-Design Marketing & Advertising Advertising Agency
-
Pat's Rainbow Reflexology Ashland Oregon Alternative Medicine Practice
-
Heller Marc DC Alternative Medicine Practice
-
Quest Overland LLC Auto Repair Shop
-
FIIT & Flow Gym & Fitness Center
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
Paul J Cina · 4 yrs held
Paul J Cina
since 2022
Last sale
$335,000
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
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
$25,265
Tax year 2023
Assessed value
$1,587,780
Assessed 2023
Previous assessed
$1,541,540
+3.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$171,590
Assessed improvement
$1,416,190
Land market value
$1,130,630
Improvement market value
$1,852,250
Total market value
$2,982,880
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Total area
23,400 SF
Lot
1.22 ac (53,143 SF)
Zoning code
E-1
APN
1-0051121
UPID
US71-1691783
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.
Building & site characteristics
From public records
Heating
NONE
Lot
1.22 ac
Current owner
From public records · entity-resolved
Paul J Cina
Individual
Mailing address
240 E HERSEY ST, ASHLAND, OR 97520-5202
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2022
$335,000
Paul J Cina
Thomas S Alexander
Re-recorded Document
related
$268,000 · Thomas Alexander
Jan 21, 2022
$335,000
Paul J Cina
Thomas S Alexander
Warranty Deed
$268,000 · Thomas Alexander
Sep 15, 2008
$1,700,000
D-mac LLC
Lindsay Commercial Park LLC
Warranty Deed
$1,500,000 · Lindsay Com'l Prk LLC
Sep 12, 2008
—
Lindsay Commercial Park LLC
Lindsay,william D & Charles H II
Quit Claim Deed
—
Sep 10, 2008
—
William D Lindsay
Brown,elizabeth A
Grant Deed
—
Aug 31, 2008
—
Charles H Etal Lindsay
Lindsay,william D
Quit Claim Deed
related
—
Oct 8, 2007
—
William D Lindsay
Lindsay C H & M I Trust
Quit Claim Deed
related
—
Apr 2, 1993
—
Charles H Lindsay
Lindsay,charles H
Grant Deed
related
—
Dec 9, 1991
—
Lindsay,charles Trustee Fbo
Toney,denis
Grant Deed
related
—
Sep 23, 1988
—
Denis Toney
Toney,judith K
Grant Deed
related
—
Jan 29, 1987
$62,000
Toney,judith K
Hoffarth,craig E
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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