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Property profile & analytics
FOR LEASE
Retail space
31441 NW Commercial St North North Plains, OR 97133
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0840687
For Lease
1 / 16
Contact for pricing
31441 NW Commercial St North, North Plains, OR 97133
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
2,000 SF
Lot
0.11 ac (5,000 SF)
Zoning code
C-1
APN
1N301DB-05900
UPID
US71-0840687
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
-
Abbey Creek Winery: The OG Crick Brewery & Distillery Specialty Food Shop
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
Abbey Creek Vineyard LLC · 6 yrs held
Abbey Creek Vineyard LLC
since 2019
5 recorded transactions
Zoning & alternative use
C-1 · North Plains, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District is to provide areas in the central business district to allow a mixture of complimentary land uses including retail, offices, commercial services, civic and residential uses, to create economic and social vitality and to encourage the linking of trips
Zone name
General Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
6.94 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 North Plains submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Plains 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
$1,936
Tax year 2023
Assessed value
$127,670
Assessed 2023
Previous assessed
$123,960
+3.0% YoY
Effective rate
1.52%
On assessed value
Land market value
$122,490
Improvement market value
$179,350
Total market value
$301,840
Applied tax rate
70.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Heating
NONE
Total area
2,000 SF
Lot
0.11 ac (5,000 SF)
Zoning code
C-1
APN
1N301DB-05900
UPID
US71-0840687
Jurisdiction
WASHINGTON
Zoning & alternative use
C-1 · North Plains, ORZoning C-1 · permitted uses
C-1 · North Plains, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District is to provide areas in the central business district to allow a mixture of complimentary land uses including retail, offices, commercial services, civic and residential uses, to create economic and social vitality and to encourage the linking of trips
Zone name
General Commercial
General category
CIVIC_INSTITUTIONAL
Zone area
6.94 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Abbey Creek Vineyard LLC
Entity
Mailing address
120 SW MOONRIDGE PL, PORTLAND, OR 97225-6464
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Oct 18, 2019
—
Abbey Creek Vineyard LLC
Bertony Faustin
Bargain And Sale Deed
$397,662 · Umpqua Bank
Jul 2, 2019
—
Bertony Faustin
Simmons Sandra E L/tr
Warranty Deed
related
—
Apr 11, 2013
—
Simmons Sandra E Living Trust
Simmons Sandra E Trust
Quit Claim Deed
related
—
Jun 27, 2012
$150,000
Robert D Simmons
Sloan-clooten Coml Props LLC
Warranty Deed
$112,500 · Key Bank & Trust
Nov 20, 2008
—
Sloan-clooten Coml Props LLC
Rose,harvey C
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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