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Property profile & analytics
OFF-MARKET
Bowling alleys
2748 19th Pl Forest Grove, OR 97116-2632
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US71-0658316
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1961
Total area
13,956 SF
Lot
0.74 ac (32,234 SF)
Zoning code
CC
APN
1S306AA-01500
UPID
US71-0658316
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rtrp7 LLC · 7 yrs held
Rtrp7 LLC
since 2019
7 recorded transactions
Zoning & alternative use
CC · Forest Grove, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CC zone is established to promote a concentration of mixed uses including retail, service, office and residential uses along the regional transit corridor
Zone name
Community Commercial 30.0 Dwelling Units Per Acre
General category
MIXED_USE
Zone area
283.90 ac
Source
Realmo
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 Forest Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Grove 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,927
Tax year 2023
Assessed value
$582,090
Assessed 2023
Previous assessed
$565,140
+3.0% YoY
Effective rate
1.88%
On assessed value
Land market value
$412,250
Improvement market value
$490,680
Total market value
$902,930
Applied tax rate
15.0000
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1961
Heating
NONE
Total area
13,956 SF
Lot
0.74 ac (32,234 SF)
Zoning code
CC
APN
1S306AA-01500
UPID
US71-0658316
Jurisdiction
WASHINGTON
Zoning & alternative use
CC · Forest Grove, ORZoning CC · permitted uses
CC · Forest Grove, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CC zone is established to promote a concentration of mixed uses including retail, service, office and residential uses along the regional transit corridor
Zone name
Community Commercial 30.0 Dwelling Units Per Acre
General category
MIXED_USE
Zone area
283.90 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1961
Heating
NONE
Lot
0.74 ac
Current owner
From public records · entity-resolved
Rtrp7 LLC
Entity
Mailing address
PO BOX 24, FOREST GROVE, OR 97116-0024
Ownership since
2019
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
Jun 3, 2020
—
Rtrp7 LLC
—
Deed
related
$314,000 · Evergreen Busn Cap
May 7, 2019
$675,000
Rtrp7 LLC
John A Crosley
Warranty Deed
$550,750 · Heritage Bank
May 7, 2019
—
Rtrp7 LLC
—
Trustees Deed
related
$302,912 · Heritage Bk
Dec 8, 1997
$1,950
Eugene Zurbrugg
Crosley,john A
Grant Deed
related
—
—
—
John A Crosley
—
Deed Of Trust
related
$133,824 · West Coast Bank
—
—
Rtrp7 LLC
—
Deed Of Trust
related
$314,000 · Evergreen Busn Cap
—
—
John A Crosley
—
Deed Of Trust
related
$250,000 · West Coast 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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