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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
2499 Frnt St, Woodburn, OR 97071
Entity Owned
9-yr Hold
Free & Clear
Property ID
US71-1774379
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Total area
1,800 SF
Lot
9.34 ac (406,850 SF)
Zoning code
IL
APN
051W08B 00300
UPID
US71-1774379
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$556k
Blend (final)
Blend
$555k
Owner & transaction history
Woodburn Indl Cap Group LLC · 9 yrs held
Woodburn Indl Cap Group LLC
since 2016
6 recorded transactions
Zoning & alternative use
IL · Woodburn, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$645,000
+85.7%
Medical building
$580,000
+67.2%
Office building
$490,000
+42.2%
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 Woodburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodburn 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$345,000
Current use
AUTO REPAIR, GARAGE
$645,000
Change: +86% · Conversion: Easy
MEDICAL BUILDING
$580,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$490,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$355,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
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
$308 / 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
$8,199
Tax year 2023
Assessed value
$414,360
Assessed 2023
Previous assessed
$402,300
+3.0% YoY
Effective rate
1.98%
On assessed value
Land market value
$750,250
Improvement market value
$206,530
Total market value
$956,780
Applied tax rate
3,030.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Heating
NONE
Buildings
2
Stories
1
Total area
1,800 SF
Lot
9.34 ac (406,850 SF)
Zoning code
IL
APN
051W08B 00300
UPID
US71-1774379
Jurisdiction
MARION
Zoning & alternative use
IL · Woodburn, OR
Zoning IL · permitted uses
IL · Woodburn, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$345,000
AUTO REPAIR, GARAGE
Est. value
$645,000
MEDICAL BUILDING
Est. value
$580,000
OFFICE BUILDING
Est. value
$490,000
RETAIL STORES
Est. value
$355,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Stories
1
Buildings
2
Lot
9.34 ac
Current owner
From public records · entity-resolved
Woodburn Indl Cap Group LLC
Entity
Free & Clear · 9 yrs held
Mailing address
395 SHENANDOAH LN NE, WOODBURN, OR 97071-9771
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2016
$1,050,000
Woodburn Indl Cap Group LLC
Front Street Lands LLC
Warranty Deed
—
Oct 24, 2008
$730,000
Front Street Lands LLC
A & R Imports
Grant Deed
—
Dec 11, 2007
$525,000
A Imports
Russell,martin & Cheryl
Warranty Deed
—
Apr 1, 2005
$379,500
Martin Russell
Peltier Real Estate
Grant Deed
$284,625 · West Coast Bank
Sep 22, 1994
—
Peltier Real Estate Co
—
Deed Of Trust
related
$1,284,000 · Key Bank Of Oregon
Jun 27, 1994
$153,000
Peltier Real Estate Co
Eugene F Stoller
Grant Deed
—
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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