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Property profile & analytics
FOR SALE
Warehouses
30685 Highway 34, Albany, OR 97321
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0871256
For Sale
1 / 42
$9,500,000
30685 Highway 34, Albany, OR 97321
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Total area
13,600 SF
Lot
11.89 ac (517,928 SF)
APN
11S 04W 34 00801
UPID
US71-0871256
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
$2.57M
Comparable Approach
Comparable
$2.15M
Blend (final)
Blend
$2.16M
Owner & transaction history
Troylinda Holdings LLC · 5 yrs held
Troylinda Holdings LLC
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.3M
+88.5%
Commercial (general)
$2.1M
+22.1%
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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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
$2,460,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,780,000
6.5%
$2,565,000
7%
$2,380,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,745,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,290,000
Change: +88% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,130,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$2.16M
Range $1.94M – $2.37M · ±10% · vs last sale $2.00M (Apr 30 2021)
Last sale anchor
$2.00M
Apr 30 2021
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
$158 / 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
$58,574
Tax year 2023
Assessed value
$4,106,935
Assessed 2023
Previous assessed
$3,936,751
+4.3% YoY
Effective rate
1.43%
On assessed value
Land market value
$1,058,780
Improvement market value
$5,159,030
Total market value
$6,217,810
Applied tax rate
802.0000
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
For Sale
Year built
2021
Heating
NONE
Stories
1
Total area
13,600 SF
Lot
11.89 ac (517,928 SF)
APN
11S 04W 34 00801
UPID
US71-0871256
Jurisdiction
LINN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.1M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
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
2021
Heating
NONE
Stories
1
Lot
11.89 ac
Current owner
From public records · entity-resolved
Troylinda Holdings LLC
Entity
Mailing address
4570 RDG DR NE, SALEM, OR 97301-6992
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2021
—
Troylinda Holdings LLC
Troylinda Holdings LLC
Intrafamily Transfer
related
$5,958,750 · Columbia State Bank
Jun 8, 2020
$2,000,000
Troylinda Holdings LLC
Tim Birk
Warranty Deed
$2,850,000 · Columbia State Bank
Dec 27, 2019
—
Tim Birk
Tim Birk
Quit Claim Deed
related
—
Jul 8, 2009
—
Tim Birk
—
Trustees Deed
related
$1,000,000 · Umpqua Bank
Jun 19, 2008
—
Tim Birk
—
Trustees Deed
related
$500,000 · Umpqua Bank
—
—
Timothy R Birk
—
Deed Of Trust
related
$2,500,000 · Rabo Agrifinance INC
—
—
Tim Birk
—
Deed Of Trust
related
—
—
—
Brothers Packer
—
Deed Of Trust
related
$125,000 · Citizens Federal Bank Fsb
—
—
Tim Birk
—
Deed Of Trust
related
$150,000 · Citizens Federal Bank Fsb
—
—
Tim Birk
—
Deed Of Trust
related
$50,000 · Citizens Federal Bank Fsb
—
—
Tim Birk
—
Deed Of Trust
related
$75,776 · Flathead Bank Of Bigfork
—
—
T Birk
—
Deed Of Trust
related
$50,000 · Citizens Federal Bank Fsb
—
—
Tim Birk
—
Deed Of Trust
related
$1,000,000 · Umpqua Bank
—
—
Tim Birk
—
Deed Of Trust
related
$2,500,000 · Rabo Agrifinance
—
—
Tim Birk
—
Deed Of Trust
related
—
—
—
Tim Birk
—
Deed Of Trust
related
—
—
—
Tim Birk
—
Deed Of Trust
related
$202,000 · Umpqua Bank
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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