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Property profile & analytics
OFF-MARKET Estimated value $5,550,000
Warehouses

3032 Schmidt Ln Hubbard, OR 97032-9806

17,960 SF 3.83 ac lot Built 2018
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US71-1639153
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2018
Total area 17,960 SF
Lot 3.83 ac (166,835 SF)
Zoning code IC
APN 041W33DC00901
UPID US71-1639153
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
  • Oregon RV & Storage Storage Facility
  • U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.55M
Blend (final) Blend
$5.55M
Owner & transaction history
Pbsl LLC · 7 yrs held
Pbsl LLC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
IC · Hubbard, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2.108 INDUSTRIAL-COMMERCIAL DISTRICT (IC) 2.108.01 Purpose The purpose of the IC (Industrial-Commercial) District is to provide areas suitable for light industrial uses, light industrial uses with related commercial sales, commercial retail uses and wholesale commercial sales. The IC District is appropriate in those areas designated Industrial in the Compreh…

Zone name Industrial Commercial
General category INDUSTRIAL
Zone area 61.53 ac
Source CITY OF HUBBARD, OREGON
Top alternative use upside
Auto repair, garage $6.4M +85.7%
Medical building $5.8M +67.2%
Restaurant $5.5M +58.2%
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