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Property profile & analytics
OFF-MARKET
Estimated value
$2,965,000
Industrial properties
31670 Hwy 213 Molalla, OR 97038-7533
Entity Owned
9-yr Hold
Free & Clear
Property ID
US71-0674634
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2005
Total area
1,539 SF
Lot
2.42 ac (105,415 SF)
Zoning code
M2
APN
52E07D 01701
UPID
US71-0674634
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
by Request
Comparable Approach
Comparable
$2.97M
Blend (final)
Blend
$2.97M
Owner & transaction history
North Fork Land & Dev LLC · 9 yrs held
North Fork Land & Dev LLC
since 2017
6 recorded transactions
Zoning & alternative use
M2 · Molalla, 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 Molalla submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Molalla 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
$2.97M
Range $2.67M – $3.26M · ±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
$1,927 / 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
$13,607
Tax year 2023
Assessed value
$815,610
Assessed 2023
Previous assessed
$791,855
+3.0% YoY
Effective rate
1.67%
On assessed value
Land market value
$498,693
Improvement market value
$1,082,370
Total market value
$1,581,063
Applied tax rate
35.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2005
Heating
NONE
Bathrooms
2
Total area
1,539 SF
Lot
2.42 ac (105,415 SF)
Zoning code
M2
APN
52E07D 01701
UPID
US71-0674634
Jurisdiction
CLACKAMAS
Zoning & alternative use
M2 · Molalla, OR
Zoning M2 · permitted uses
M2 · Molalla, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Molalla. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Bathrooms
2
Lot
2.42 ac
Current owner
From public records · entity-resolved
North Fork Land & Dev LLC
Entity
Free & Clear · 9 yrs held
Mailing address
31670 S HWY 213, MOLALLA, OR 97038-7533
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2017
—
North Fork Land & Dev LLC
Mm Mill Properties LLC
Quit Claim Deed
related
—
Mar 7, 2016
—
Mm-mill Properties LLC
Forristall Family Invs LLC
Quit Claim Deed
related
—
Jan 3, 2005
$175,000
Mm Mill Properties LLC
North Fork Land & Dev LLC
Warranty Deed
$175,000 · North Fork Land & Dev LLC
Dec 8, 2004
$178,531
North Fork Land & Dev LLC
Sause,gary S & Sandra J
Quit Claim Deed
related
—
Aug 27, 1998
$335,000
Gary S Sause
Fordham,roy & Virnia B
Grant Deed
$250,000 · Seller
—
—
Gary S Sause
—
Deed Of Trust
related
$231,000 · Us Bank NA
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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