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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Drive through restaurants
2601 Newberg Hwy Woodburn, OR 97071-2824
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US71-0225460
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2013
Total area
3,202 SF
Lot
0.71 ac (30,928 SF)
Zoning code
CG
APN
052W12AC05700
UPID
US71-0225460
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
-
KFC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.58M
Owner & transaction history
Flj Properties LLC · 12 yrs held
Flj Properties LLC
since 2013
7 recorded transactions
Zoning & alternative use
CG · Woodburn, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+17.4%
Medical building
$1.0M
+5.7%
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
RESTAURANT
$975,000
Current use
AUTO REPAIR, GARAGE
$1,145,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$1,030,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±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
$492 / 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
$21,518
Tax year 2023
Assessed value
$1,087,500
Assessed 2023
Previous assessed
$1,055,830
+3.0% YoY
Effective rate
1.98%
On assessed value
Land market value
$496,100
Improvement market value
$802,250
Total market value
$1,298,350
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2013
Heating
NONE
Stories
1
Total area
3,202 SF
Lot
0.71 ac (30,928 SF)
Zoning code
CG
APN
052W12AC05700
UPID
US71-0225460
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
RESTAURANT Current
Est. value
$975,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
RESTAURANT Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2013
Heating
NONE
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Flj Properties LLC
Entity
Mailing address
PO BOX 1827, LONGVIEW, WA 98632-8129
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2024
—
Flj Properties LLC
—
Deed
related
$580,000 · Umpqua Bank
Oct 10, 2013
$84,500
Flj Properties LLC
Cesar & Lily Props LLC Serie 3
Warranty Deed
$928,330 · Columbia State Bank
Apr 26, 2013
$97,375
State Of Or Department Of Transportation
Graja INC
Quit Claim Deed
related
—
Apr 26, 2013
—
State Of Or
JR Zukin Corp
Quit Claim Deed
related
—
Jun 2, 2011
—
Cesar & Lily Properties LLC
Degala Cesar B S & L B Trust
Quit Claim Deed
related
—
May 12, 2011
—
Degala Cesar B SR & Lily B Trust
Degala,cesar B & Lily B
Quit Claim Deed
related
—
Apr 7, 2005
—
Cesar B Degala SR.
Degala,cesar B & Lily B
Quit Claim Deed
related
—
Mar 4, 2005
—
Cesar B Degala
Graja INC
Grant Deed
$700,000 · La Jolla Bank
Aug 18, 1999
—
Graja INC
Jackson,frederick J & Lisa M
Grant Deed
related
—
Aug 2, 1995
—
Ole J Lilleoren
Graja INC
Quit Claim Deed
related
—
Aug 2, 1995
$380,000
Jackson,frederick J & Lisa M
Lilleoren,ole J & Joanne E
Trustees Deed
$1,080,000 · Citicorp Leasing INC
Nov 15, 1993
—
Ole J Lilleoren
Unknown
Quit Claim Deed
related
—
—
—
Cesar B Degala
—
Deed Of Trust
related
$678,000 · Desert Community Bank
—
—
Fjl Properties LLC
—
Deed Of Trust
related
$764,000 · Evergreen Busn Cap
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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