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Property profile & analytics
OFF-MARKET
Warehouses
306 Main St Milton Freewater, OR 97862-1754
Individually Owned
Absentee Owner
Free & Clear
Property ID
US71-0963202
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Total area
13,526 SF
Lot
0.43 ac (18,526 SF)
Zoning code
I-M
APN
5N3502DA00400
UPID
US71-0963202
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
DAVID A HANSEN
DAVID A HANSEN
Zoning & alternative use
I-M · Milton Freewater, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The industrial manufacturing zone provides for the full range of production, fabrication and processing uses which form the industrial base of the economy.
Zone name
Industrial Manufacturing
General category
INDUSTRIAL
Zone area
113.52 ac
Source
Realmo
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 Milton Freewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton Freewater 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,555
Tax year 2023
Assessed value
$145,440
Assessed 2023
Previous assessed
$141,210
+3.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$23,620
Assessed improvement
$121,820
Land market value
$16,230
Improvement market value
$235,990
Total market value
$252,220
Applied tax rate
701.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1979
Heating
NONE
Total area
13,526 SF
Lot
0.43 ac (18,526 SF)
Zoning code
I-M
APN
5N3502DA00400
UPID
US71-0963202
Jurisdiction
UMATILLA
Zoning & alternative use
I-M · Milton Freewater, ORZoning I-M · permitted uses
I-M · Milton Freewater, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The industrial manufacturing zone provides for the full range of production, fabrication and processing uses which form the industrial base of the economy.
Zone name
Industrial Manufacturing
General category
INDUSTRIAL
Zone area
113.52 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Lot
0.43 ac
Current owner
From public records · entity-resolved
DAVID A HANSEN
Individual
Free & Clear · 0 yrs held
Mailing address
50 FRENCHTOWN RD, WALLA WALLA, WA 99362-7266
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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