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Property profile & analytics
OFF-MARKET Estimated value $940,000
Retail space

291 Deann Dr Independence, OR 97351-2518

4,954 SF 0.55 ac lot Built 2014
Entity Owned Absentee Owner Free & Clear
Property ID
US71-1548418
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Total area 4,954 SF
Lot 0.55 ac (23,958 SF)
Zoning code MUPC
APN 08421-B0-02002
UPID US71-1548418
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
$915k
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$940k
Owner & transaction history
RIVERPLACE APARTMENT HOMES LLC
RIVERPLACE APARTMENT HOMES LLC
Zoning & alternative use
MUPC · Independence, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Laboratory locates in the MUPC Zone, the Medical Marijuana Dispensary, Recreational Marijuana Retailer, Marijuana Research Facility, or Marijuana Testing Laboratory may not be located: 1. Within 1,000 Feet of an Elementary or Secondary School; or 2. Within 250 Feet of a Public Library, Public Park, Public Playground, Public Recreational Facility, or Public A…

Zone name Mixed Use Pedestrian Friendly Commercial
General category MIXED_USE
Zone area 69.32 ac
Source CITY OF INDEPENDENCE
Top alternative use upside
Office building $1.0M +54.1%
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