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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Apartment buildings
280 Orch Ave 10, Dallas, OR 97338-1579
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-1811955
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1968
Total area
6,516 SF
Lot
0.39 ac (16,988 SF)
Zoning code
RMD
APN
07528-CD-03201
UPID
US71-1811955
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
$655k
Owner & transaction history
Faith Christian School · 3 yrs held
Faith Christian School
since 2023
7 recorded transactions
Zoning & alternative use
RMD · Dallas, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
APARTMENT HOUSE (5+ UNITS)
$1,015,000
Current use
RETAIL STORES
$860,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$101 / 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
$5,922
Tax year 2023
Assessed value
$423,820
Assessed 2023
Previous assessed
$411,480
+3.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$63,410
Assessed improvement
$360,410
Land market value
$171,360
Improvement market value
$566,230
Total market value
$737,590
Applied tax rate
201.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1968
Heating
NONE
Buildings
10
Total area
6,516 SF
Lot
0.39 ac (16,988 SF)
Zoning code
RMD
APN
07528-CD-03201
UPID
US71-1811955
Jurisdiction
POLK
Zoning & alternative use
RMD · Dallas, OR
Zoning RMD · permitted uses
RMD · Dallas, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.0M
RETAIL STORES
Est. value
$860,000
APARTMENT HOUSE (5+ UNITS) Current
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
1968
Heating
NONE
Buildings
10
Lot
0.39 ac
Current owner
From public records · entity-resolved
Faith Christian School
Individual
Mailing address
1795 SE MILLER AVE, DALLAS, OR 97338-9525
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2023
—
Faith Christian School
Kathryn L Huston
Transfer On Death Deed
—
Feb 2, 2016
$518,437
Blossom Cap LLC
Rhea,patrick
Warranty Deed
—
Jan 6, 2014
$410,000
Patrick Rhea
Vergets,greg D & Arvilla E
Grant Deed
—
Feb 28, 2006
$410,000
Patrick Rhea
Vergets,greg D & Arvilla E
Grant Deed
—
Oct 1, 1993
$266,500
Fred S Long
Unknown
Grant Deed
—
—
—
Patrick Rhea
—
Deed Of Trust
related
$260,000 · Bank Of The West
—
—
Daniel L Roberts
—
Deed Of Trust
related
$240,000 · First Federal S & L Assn Mcmin
—
—
Greg D Vergets
—
Deed Of Trust
related
$316,000 · First Federal Savings & Loan
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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