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Property profile & analytics
OFF-MARKET Estimated value $530,000
Warehouses

2625 Pacific Hwy 99th NE Hubbard, OR 97032

1,728 SF 1.27 ac lot Built 1991
Individually Owned 34-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US71-0575476
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1991
Total area 1,728 SF
Lot 1.27 ac (55,321 SF)
Zoning code IC
APN 041W33DC00300
UPID US71-0575476
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
$528k
Blend (final) Blend
$530k
Owner & transaction history
Kevin Chappelle · 34 yrs held
Kevin Chappelle
since 1992
5 recorded transactions
2008
Price N/A
1992
$42,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IC · Hubbard, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2.108 INDUSTRIAL-COMMERCIAL DISTRICT (IC) 2.108.01 Purpose The purpose of the IC (Industrial-Commercial) District is to provide areas suitable for light industrial uses, light industrial uses with related commercial sales, commercial retail uses and wholesale commercial sales. The IC District is appropriate in those areas designated Industrial in the Compreh…

Zone name Industrial Commercial
General category INDUSTRIAL
Zone area 61.53 ac
Source CITY OF HUBBARD, OREGON
Top alternative use upside
Auto repair, garage $615,000 +85.7%
Medical building $555,000 +67.2%
Office building $470,000 +42.2%
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