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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
24375th Hwy 101st S, Cloverdale, OR 97112-9101
Entity Owned
7-yr Hold
Free & Clear
Property ID
US71-0079123
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1982
Total area
3,456 SF
Lot
0.14 ac (6,098 SF)
Zoning code
CC
APN
3S0930-DA-03300
UPID
US71-0079123
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
Tall Timber Invs Grp LLC · 7 yrs held
Tall Timber Invs Grp LLC
since 2018
Last sale
$430,000
5 recorded transactions
Zoning & alternative use
CC · Cloverdale, 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 Cloverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cloverdale 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
$2,647
Tax year 2023
Assessed value
$227,320
Assessed 2023
Previous assessed
$220,700
+3.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$35,090
Assessed improvement
$192,230
Land market value
$26,820
Improvement market value
$356,660
Total market value
$383,480
Applied tax rate
805.0000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1982
Heating
NONE
Total area
3,456 SF
Lot
0.14 ac (6,098 SF)
Zoning code
CC
APN
3S0930-DA-03300
UPID
US71-0079123
Jurisdiction
TILLAMOOK
Zoning & alternative use
CC · Cloverdale, OR
Zoning CC · permitted uses
CC · Cloverdale, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cloverdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Tall Timber Invs Grp LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 807, GARIBALDI, OR 97118-0807
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2018
$245,000
Tall Timber Invs Grp LLC
Bnd Properties LLC
Warranty Deed
—
Feb 26, 2018
$90,000
Mim LLC
Johnnie Gina J|jeong,hwoan Y
Trustees Deed
related
—
Aug 15, 2011
$200,000
Sterling Svgs Bk
Christopher C Dorr LLC
Trustees Deed
related
—
—
—
Hwoan Y Jeong
—
Deed Of Trust
related
$1,020,000 · Wilshire State Bank
—
—
Bruce R Nadratowski
—
Deed Of Trust
related
$242,500 · Sterling Savings Bank
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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