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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Retail space
31580 Commercial St North Plains, OR 97133-7101
Individually Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0099250
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Total area
6,044 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C-1
APN
1N301DB-07800
UPID
US71-0099250
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
-
North Plains Market & Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$790k
Owner & transaction history
Kyong Y Han · 16 yrs held
Kyong Y Han
since 2009
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±10%
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
$131 / 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
$4,657
Tax year 2023
Assessed value
$307,030
Assessed 2023
Previous assessed
$298,090
+3.0% YoY
Effective rate
1.52%
On assessed value
Land market value
$278,850
Improvement market value
$375,700
Total market value
$654,550
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
Off-Market
Year built
1946
Heating
NONE
Total area
6,044 SF
Lot
0.35 ac (15,246 SF)
Zoning code
C-1
APN
1N301DB-07800
UPID
US71-0099250
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
Year built
1946
Heating
NONE
Lot
0.35 ac
Current owner
From public records · entity-resolved
Kyong Y Han
Individual
Mailing address
604 W 37TH ST, VANCOUVER, WA 98660-1842
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2020
—
Kyong Yim Han
—
Deed
related
$420,000 · Columbia State Bank
Nov 25, 2009
$150,000
Kyong Y Han
Welsh,song S
Grant Deed
$565,000 · Pacific City Bank
Feb 17, 2009
—
Kyong Y Han
Han,kyong Y
Quit Claim Deed
related
—
Jun 14, 2007
—
Kyong Y Han
Han,dong C
Quit Claim Deed
related
$400,000 · Fairway Commercial Mortgage
Jun 14, 2007
$612,500
Kyong Y Han
Yi,hyung M & Young M
Warranty Deed
—
Dec 29, 2004
—
Hyung M Yi
—
Trustees Deed
related
$50,000 · Song S Welsh
Jan 31, 2000
$370,000
Yi,hyung M & Young M
Dunlap,george L & Shirley E
Trustees Deed
—
Jan 31, 2000
—
Dunlap,george L & Shirley E
Cox Trust
Trustees Deed
related
—
Mar 31, 1998
$135,000
George L Dunlap
Cox,margaret E
Grant Deed
—
—
—
Kyong Y Han
—
Deed Of Trust
related
$30,450 · Field Jerger LLP
—
—
Kyong Y Han
—
Deed Of Trust
related
$415,000 · Fairway America LLC
—
—
Kyong Y Han
—
Deed Of Trust
related
$50,000 · Song Welsh
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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