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Property profile & analytics
OFF-MARKET
Estimated value
$2,695,000
Retail space
315 Oak St Hood River, OR 97031-2062
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0801392
Property summary
AI-generated overview
This exceptional 3,200 square foot creative office space is located on the third floor of a beautifully renovated building at 315 Oak St, Hood River, OR 97031. The building, constructed in 1920 and extensively renovated in 2023, offers a blend of historic charm and modern functionality. This single-tenant space boasts stunning views and features a layout including separate offices, perfect for a variety of businesses. The entire building encompasses 12,529 square feet, distributed across three stories. Parking is available (open parking). The building is classified as Class B. Note that there are no elevators in this building. This prime location in downtown Hood River provides excellent accessibility and visibility. The space is immediately available. This is a unique opportunity to secure a highly desirable and recently renovated office space in a vibrant Oregon city. The property is situated at 45.70866 latitude and -121.5141371 longitude.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1906
Total area
4,728 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C2
APN
3N10E25CD11900
UPID
US71-0801392
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
$2.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.70M
Owner & transaction history
West Wind Holding LLC · 4 yrs held
West Wind Holding LLC
since 2022
Last sale
$2.7M
5 recorded transactions
Zoning & alternative use
C2 · Hood River, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Hood River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hood River 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
$2,815,000
ML approach
$2,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.70M
Range $2.43M – $2.96M · ±10% · vs last sale $2.70M (Jun 17 2022)
Last sale anchor
$2.70M
Jun 17 2022
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
$570 / 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
$17,021
Tax year 2023
Assessed value
$1,134,920
Assessed 2023
Previous assessed
$1,101,870
+3.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$131,840
Assessed improvement
$1,003,080
Land market value
$198,360
Improvement market value
$2,293,330
Total market value
$2,491,690
Applied tax rate
13.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1906
Heating
NONE
Total area
4,728 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C2
APN
3N10E25CD11900
UPID
US71-0801392
Jurisdiction
HOOD RIVER
Zoning & alternative use
C2 · Hood River, OR
Zoning C2 · permitted uses
C2 · Hood River, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hood River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1906
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
West Wind Holding LLC
Entity
Mailing address
2149 CASCADE AVE STE 106A, HOOD RIVER, OR 97031-1087
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
May 9, 2024
—
West Wind Holding LLC
—
Deed
related
$2,149,000 · Consolidated Community Cu
Jun 17, 2022
$2,700,000
West Wind Holding LLC
Paris Fair Building LLC
Warranty Deed
$2,100,000 · Paris Fair Building LLC
Oct 23, 2019
—
Cannery LLC
Paris Fair Building LLC
Warranty Deed
related
—
Feb 1, 2017
$1,700,000
Paris Fair Building LLC
Cheatham Properties LLC
Warranty Deed
—
—
—
Romuls West LLC
—
Deed Of Trust
related
$69,900 · Robert Ambes
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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