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Property profile & analytics
OFF-MARKET
Bars & Pubs
31500 Commercial St, North Plains, OR 97133-7101
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-1839213
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1940
Total area
2,040 SF
Lot
0.11 ac (5,000 SF)
Zoning code
C-1
APN
1N301DB-07600
UPID
US71-1839213
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
-
Rogue Brew Pub & Eatery Restaurant
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
Schwartz Farms LLC · 1 yrs held
Schwartz Farms LLC
since 2025
Last sale
$360,000
7 recorded transactions
Zoning & alternative use
C-1 · North Plains, 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 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
$1,581
Tax year 2023
Assessed value
$104,230
Assessed 2023
Previous assessed
$101,200
+3.0% YoY
Effective rate
1.52%
On assessed value
Land market value
$136,100
Improvement market value
$143,080
Total market value
$279,180
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1940
Heating
NONE
Total area
2,040 SF
Lot
0.11 ac (5,000 SF)
Zoning code
C-1
APN
1N301DB-07600
UPID
US71-1839213
Jurisdiction
WASHINGTON
Zoning & alternative use
C-1 · North Plains, OR
Zoning 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
North Plains. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Schwartz Farms LLC
Entity
Mailing address
PO BOX 394, NORTH PLAINS, OR 97133-0394
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2025
$360,000
Schwartz Farms LLC
Maria E Basile
Warranty Deed
$360,000 · Maria E Basile Living Trust
Sep 19, 2013
$225,000
Michael H Basile
James,cheryle
Warranty Deed
$165,000 · Cheryle James
Nov 24, 2004
$180,000
Cheryle James
Basile,michael H & Maria E
Warranty Deed
$138,970 · West Coast Bank
Dec 13, 2002
—
Michael H Basile
Liberty Enterprises Of Portlan
—
related
—
Jan 3, 2002
—
Michael Howard
King,glenn F
Grant Deed
related
—
May 30, 1997
$185,000
S J Richards
Basile,michael H & Mary E
Grant Deed
—
Feb 23, 1995
$185,000
Michael H Basile
Johnson,richard F & Karla K
Grant Deed
—
Feb 24, 1994
$140,000
Richard F Johnson
Dupree,connie J
Grant Deed
$34,400 · Lester Trust
—
—
Cheryle James
—
Deed Of Trust
related
$25,000 · West Coast 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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