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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Warehouses
290 Young St, Woodburn, OR 97071-4816
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US71-0735386
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1939
Total area
6,821 SF
Lot
0.18 ac (7,841 SF)
Zoning code
CG
APN
051W18AB11400
UPID
US71-0735386
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
-
SERVPRO of Southeast & Northeast Salem Water Damage Restoration Service Fire Damage Restoration Service
-
TOPLINE Drafting & Design LLC Renovation Specialist (Bike/Boat/Book/etc) Store
-
LNC Homes Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$798k
Blend (final)
Blend
$800k
Owner & transaction history
Young St LLC · 7 yrs held
Young St LLC
since 2018
5 recorded transactions
Zoning & alternative use
CG · Woodburn, 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 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
WAREHOUSE, STORAGE
$1,310,000
Current use
INDUSTRIAL (GENERAL)
$1,225,000
Change: -7% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,220,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$117 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$2,944
Tax year 2021
Assessed value
$157,350
Assessed 2023
Previous assessed
$152,770
+3.0% YoY
Effective rate
1.87%
On assessed value
Land market value
$72,940
Improvement market value
$550,540
Total market value
$623,480
Applied tax rate
3,939.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1939
Heating
NONE
Stories
1
Total area
6,821 SF
Lot
0.18 ac (7,841 SF)
Zoning code
CG
APN
051W18AB11400
UPID
US71-0735386
Jurisdiction
MARION
Zoning & alternative use
CG · Woodburn, OR
Zoning CG · permitted uses
CG · 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
WAREHOUSE, STORAGE Current
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
Year built
1939
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Young St LLC
Entity
Mailing address
PO BOX 126, HUBBARD, OR 97032-0126
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2019
—
Young St LLC
—
Deed
related
$300,000 · Columbia St Bk
Nov 9, 2018
$330,000
Young St LLC
Wolfer Family LLC
Warranty Deed
$300,000 · Thomas K Yoder
Mar 17, 2014
—
Wolfer Family LLC
Lundeen,linda L
Quit Claim Deed
related
—
Jan 4, 2013
—
Nancy Beachy
Wolfer Harold J
Grant Deed
related
—
—
—
Young St LLC
—
Deed Of Trust
related
$300,000 · Columbia St Bk
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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