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Property profile & analytics
OFF-MARKET
Estimated value
$2,040,000
Medical Office Space
2902 Tom 10th Dr, Woodburn, OR 97071-2828
Entity Owned
2-yr Hold
Free & Clear
Property ID
US71-1293050
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2021
Total area
3,920 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CG
APN
052W12AC04301
UPID
US71-1293050
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
$1.23M
Blend (final)
Blend
$2.04M
Owner & transaction history
Musgrove Family Land Holdings INC · 2 yrs held
Musgrove Family Land Holdings INC
since 2024
Last sale
$2.9M
5 recorded transactions
Zoning & alternative use
CG · Woodburn, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+11.1%
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
MEDICAL BUILDING
$1,260,000
Current use
AUTO REPAIR, GARAGE
$1,400,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$2.04M
Range $1.84M – $2.24M · ±10% · vs last sale $2.85M (Jan 10 2024)
Last sale anchor
$2.85M
Jan 10 2024
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
$520 / 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
$11,242
Tax year 2023
Assessed value
$568,160
Assessed 2023
Previous assessed
$551,620
+3.0% YoY
Effective rate
1.98%
On assessed value
Land market value
$276,880
Improvement market value
$571,410
Total market value
$848,290
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2021
Heating
NONE
Total area
3,920 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CG
APN
052W12AC04301
UPID
US71-1293050
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
MEDICAL BUILDING Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
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
2021
Heating
NONE
Lot
0.44 ac
Current owner
From public records · entity-resolved
Musgrove Family Land Holdings INC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 824, SPRINGFIELD, OR 97477-0141
Ownership since
2024
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
Jan 10, 2024
$2,850,000
Musgrove Family Land Holdings INC
Eig14t Nova Or Woodburn LLC
Special Warranty Deed
—
Mar 29, 2021
—
Eig14t Nova Or Woodburn LLC
—
Deed
related
$1,439,449 · First Interstate Bk
Dec 30, 2020
—
Eig14t Nova Or Woodburn LLC
Columbia State Bank
Grant Deed
related
—
Jan 15, 2014
$1,029,945
Columbia St. Bk
Jensen,robert A & Shirley Y
Warranty Deed
related
—
—
—
Eig14t Nova Or Woodburn LLC
—
Deed Of Trust
related
$1,439,449 · First Interstate 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.
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