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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Office Spaces
290 Main St, Ashland, OR 97520-7701
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0779035
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1983
Total area
5,189 SF
Lot
0.3 ac (13,068 SF)
Zoning code
R-2
APN
1-0057939
UPID
US71-0779035
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
-
Bloomsbury Books (Bike/Boat/Book/etc) Store
-
Rogue Professional Counselors Family Counselor
-
Douglas Engineering Pacific Engineering Consultant
-
The Tailor Shop (Bike/Boat/Book/etc) Store
-
Aleta Stiers Sr, MS Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$825k
Comparable Approach
Comparable
$877k
Blend (final)
Blend
$875k
Owner & transaction history
Bonnie J Cornwall · 2 yrs held
Bonnie J Cornwall
since 2023
7 recorded transactions
Zoning & alternative use
R-2 · Ashland, 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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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%
$895,000
6.5%
$825,000
7%
$765,000
Alternative Use
Use
Estimation
RESTAURANT
$1,280,000
Change: -14% · Conversion: Difficult
MEDICAL BUILDING
$1,225,000
Change: -18% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,200,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±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
$169 / 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
$12,748
Tax year 2023
Assessed value
$801,120
Assessed 2023
Previous assessed
$777,790
+3.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$167,730
Assessed improvement
$633,390
Land market value
$203,900
Improvement market value
$814,970
Total market value
$1,018,870
Applied tax rate
501.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1983
Heating
NONE
Buildings
2
Total area
5,189 SF
Lot
0.3 ac (13,068 SF)
Zoning code
R-2
APN
1-0057939
UPID
US71-0779035
Jurisdiction
JACKSON
Zoning & alternative use
R-2 · Ashland, OR
Zoning R-2 · permitted uses
R-2 · Ashland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1983
Heating
NONE
Buildings
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Bonnie J Cornwall
Individual
Free & Clear · 2 yrs held
Mailing address
2740 CASTRO WAY, SACRAMENTO, CA 95818-2710
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2023
—
Bonnie J Cornwall
Mitchell L Culliver
Intrafamily Transfer
related
—
Mar 2, 2021
—
Bonnie J Cornwall
Bonnie J Cornwall
Intrafamily Transfer
related
—
Dec 15, 2011
—
Charles M Cornwall
Cornwall Family Trust
Quit Claim Deed
related
—
Apr 11, 2011
—
Charles M Cornwall
Cornwall,harry J & Mary J
Affidavit Of Death
related
—
Feb 28, 1992
$532,000
Cornwall,harry J Trustee
Cornwall,harry J Trustee
Grant Deed
related
—
May 6, 1991
—
Hugh T Jones
290 N Main Partnership
Grant Deed
related
—
Mar 14, 1986
—
290 N Main Partnership
Haines,lloyd M
Grant Deed
related
—
May 30, 1985
$315,000
Haines,lloyd M
Siskiyou Construction INC
Grant Deed
related
—
Jun 28, 1982
$60,000
Siskiyou Construction INC
—
Grant Deed
related
—
Jun 12, 1981
$60,000
Thorburn,donald G
—
Grant Deed
related
—
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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