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Property profile & analytics
OFF-MARKET
Estimated value
$18,140,000
Automotive properties
25029 Pkwy Ave, Wilsonville, OR 97070
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-1439784
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2000
Total area
68,862 SF
Lot
3.04 ac (132,422 SF)
Zoning code
PDC
APN
3S102AD-00700
UPID
US71-1439784
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
$18.14M
Blend (final)
Blend
$18.14M
Owner & transaction history
Properties LP Rasmussen · 12 yrs held
Properties LP Rasmussen
since 2014
7 recorded transactions
Zoning & alternative use
PDC · Wilsonville, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$22.0M
+96.3%
Restaurant
$20.8M
+86.4%
Commercial (general)
$19.1M
+70.6%
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 Wilsonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilsonville 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
AUTO REPAIR, GARAGE
$11,185,000
Current use
MEDICAL BUILDING
$21,955,000
Change: +96% · Conversion: Difficult
RESTAURANT
$20,845,000
Change: +86% · Conversion: Difficult
COMMERCIAL (GENERAL)
$19,085,000
Change: +71% · Conversion: Moderate
RETAIL STORES
$15,405,000
Change: +38% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$15,300,000
Change: +37% · Conversion: Difficult
WAREHOUSE, STORAGE
$12,005,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$18.14M
Range $16.33M – $19.95M · ±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
$263 / 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
$177,411
Tax year 2023
Assessed value
$9,356,630
Assessed 2023
Previous assessed
$8,819,530
+6.1% YoY
Effective rate
1.90%
On assessed value
Land market value
$2,555,740
Improvement market value
$12,742,370
Total market value
$15,298,110
Applied tax rate
88.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2000
Heating
NONE
Total area
68,862 SF
Lot
3.04 ac (132,422 SF)
Zoning code
PDC
APN
3S102AD-00700
UPID
US71-1439784
Jurisdiction
WASHINGTON
Zoning & alternative use
PDC · Wilsonville, OR
Zoning PDC · permitted uses
PDC · Wilsonville, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilsonville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$11.2M
MEDICAL BUILDING
Est. value
$22.0M
RESTAURANT
Est. value
$20.8M
COMMERCIAL (GENERAL)
Est. value
$19.1M
RETAIL STORES
Est. value
$15.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.3M
WAREHOUSE, STORAGE
Est. value
$12.0M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
2000
Heating
NONE
Lot
3.04 ac
Current owner
From public records · entity-resolved
Properties LP Rasmussen
Entity
Free & Clear · 12 yrs held
Mailing address
500 N CAPITAL OF TEXAS HWY BLDG G4-100, AUSTIN, TX 78746-3302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2018
—
Sc Wilsonville Re LLC
—
Grant Deed
related
$25,690,000 · Mercedes-benz Fin'l Svcs USA
Apr 30, 2014
—
Properties LP Rasmussen
Don Rasmussen Co
Quit Claim Deed
related
—
Apr 30, 2014
$11,100,000
Sc Wilsonville Re LLC
Rasmussen Properties LP
Warranty Deed
—
Jun 21, 2013
—
Properties LP Rasmussen
—
Deed Of Trust
related
$3,887,432 · Wells Fargo Bank
Jul 27, 2011
—
Properties LP Rasmussen
—
Deed Of Trust
related
$5,000,000 · Wells Fargo Bank
Sep 3, 1996
—
Star Properties Group LLC
Kayser,arthur B
Grant Deed
related
—
Jul 22, 1996
$5,000
Pacificorp Credit INC
Real Estate Collateral Mgmt Co
Quit Claim Deed
related
—
Jul 22, 1996
$278,090
Kayser,arthur B
Pacificorp Credit INC
Trustees 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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