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Property profile & analytics
OFF-MARKET
Estimated value
$4,005,000
Investment properties
255 Arney Rd, Woodburn, OR 97071-8460
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US71-0597924
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2001
Total area
12,384 SF
Lot
0.95 ac (41,382 SF)
Zoning code
CG
APN
052W12B 00603
UPID
US71-0597924
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
-
Blink Charging Station Electric Vehicle Charging Station
-
Oregon Latinx Leadership Network Charitable Organization Social Service Agency
-
Tesla Supercharger Electric Vehicle Charging Station
-
Millennial Reach Agency Advertising Agency Marketing & Advertising
-
Elmer's Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.01M
Blend (final)
Blend
$4.01M
Owner & transaction history
Elmers Inv Props LLC · 9 yrs held
Elmers Inv Props LLC
since 2017
7 recorded transactions
Zoning & alternative use
CG · Woodburn, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.4M
+99.2%
Medical building
$4.0M
+79.4%
Restaurant
$3.8M
+69.7%
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
AUTO REPAIR, GARAGE
$4,420,000
Change: +99% · Conversion: Difficult
MEDICAL BUILDING
$3,980,000
Change: +79% · Conversion: Easy
RESTAURANT
$3,765,000
Change: +70% · Conversion: Difficult
OFFICE BUILDING
$3,385,000
Change: +53% · Conversion: Easy
RETAIL STORES
$2,445,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$4.01M
Range $3.60M – $4.41M · ±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
$323 / 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
$51,182
Tax year 2023
Assessed value
$2,766,560
Assessed 2023
Previous assessed
$2,685,990
+3.0% YoY
Effective rate
1.85%
On assessed value
Land market value
$658,690
Improvement market value
$2,176,440
Total market value
$2,835,130
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2001
Heating
NONE
Stories
1
Total area
12,384 SF
Lot
0.95 ac (41,382 SF)
Zoning code
CG
APN
052W12B 00603
UPID
US71-0597924
Jurisdiction
MARION
Zoning & alternative use
CG · Woodburn, OR
Zoning CG · permitted uses
CG · 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
AUTO REPAIR, GARAGE
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.0M
RESTAURANT
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.4M
RETAIL STORES
Est. value
$2.4M
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
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
2001
Heating
NONE
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Elmers Inv Props LLC
Entity
Mailing address
1111 MAIN ST STE #400, VANCOUVER, WA 98660-2987
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2017
—
Elmers Inv Props LLC
Elmers Exchange LLC
Quit Claim Deed
related
—
Mar 20, 2017
—
Elmers Inv Props LLC
—
Deed
related
$928,575 · Pacific Cont'l Bk
Nov 10, 2016
—
Elmers Exchange LLC
—
Trustees Deed
related
$2,970,000 · Pacific Cont'l Bk
Oct 19, 2016
$2,675,000
Elmers Exchange LLC
Olson Group Investments LLC
Warranty Deed
$2,695,691 · Elmer's Investment Props LLC
—
—
Elmers Inv Props LLC
—
Deed Of Trust
related
$3,500,000 · Pacific Cont'l Bk
—
—
Elmers Inv Props LLC
—
Loan Modification
related
$928,575 · Pacific Cont'l Bk
—
—
Olson Group Investments LLC
—
Deed Of Trust
related
$1,000,000 · Wells Fargo 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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