New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,550,000
Industrial properties
2775 Frnt St, Woodburn, OR 97071-7704
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US71-1028396
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Total area
46,250 SF
Lot
6.22 ac (270,943 SF)
Zoning code
IL
APN
051W05D 01902
UPID
US71-1028396
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
$10.55M
Blend (final)
Blend
$10.55M
Owner & transaction history
Cirrus Northwest LLC · 19 yrs held
Cirrus Northwest LLC
since 2006
2 recorded transactions
Zoning & alternative use
IL · Woodburn, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$16.5M
+98.9%
Medical building
$14.9M
+79.1%
Restaurant
$14.1M
+69.4%
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
INDUSTRIAL (GENERAL)
$8,300,000
Current use
AUTO REPAIR, GARAGE
$16,515,000
Change: +99% · Conversion: Easy
MEDICAL BUILDING
$14,865,000
Change: +79% · Conversion: Difficult
RESTAURANT
$14,065,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$12,645,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$9,120,000
Change: +10% · Conversion: Moderate
WAREHOUSE, STORAGE
$8,890,000
Change: +7% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,290,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$10.55M
Range $9.50M – $11.61M · ±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
$228 / 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
$79,973
Tax year 2023
Assessed value
$4,411,473
Assessed 2023
Previous assessed
$5,359,400
-17.7% YoY
Effective rate
1.81%
On assessed value
Land market value
$853,800
Improvement market value
$5,971,280
Total market value
$6,825,080
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Heating
NONE
Stories
1
Total area
46,250 SF
Lot
6.22 ac (270,943 SF)
Zoning code
IL
APN
051W05D 01902
UPID
US71-1028396
Jurisdiction
MARION
Zoning & alternative use
IL · Woodburn, OR
Zoning IL · permitted uses
IL · 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
INDUSTRIAL (GENERAL) Current
Est. value
$8.3M
AUTO REPAIR, GARAGE
Est. value
$16.5M
MEDICAL BUILDING
Est. value
$14.9M
RESTAURANT
Est. value
$14.1M
OFFICE BUILDING
Est. value
$12.6M
RETAIL STORES
Est. value
$9.1M
WAREHOUSE, STORAGE
Est. value
$8.9M
COMMERCIAL (GENERAL)
Est. value
$8.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
Heating
NONE
Stories
1
Lot
6.22 ac
Current owner
From public records · entity-resolved
Cirrus Northwest LLC
Entity
Mailing address
3651 SAUSALITO ST, LOS ALAMITOS, CA 90720-2436
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2006
$1,580,000
Cirrus Northwest LLC
Woodburn Watumull LLC
Warranty Deed
$1,343,000 · General Electric Capital Corp
—
—
Cirrus Northwest LLC
—
Deed Of Trust
related
$1,200,000 · Farmers & Merchants Bk Lng Bch
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2775 Frnt St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
