Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Apartment buildings
325 Academy St 10 Dallas, OR 97338-1803
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US71-0082936
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Total area
14,722 SF
Lot
0.62 ac (27,007 SF)
Zoning code
RHD
APN
07532-AD-03800
UPID
US71-0082936
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
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Tucker Brown Investments LLC · 22 yrs held
Tucker Brown Investments LLC
since 2004
7 recorded transactions
Zoning & alternative use
RHD · Dallas, OR
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,290,000
Current use
RETAIL STORES
$1,945,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±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
$105 / 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
$15,473
Tax year 2023
Assessed value
$1,107,400
Assessed 2023
Previous assessed
$1,075,150
+3.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$78,000
Assessed improvement
$1,029,400
Land market value
$248,440
Improvement market value
$1,364,920
Total market value
$1,613,360
Applied tax rate
201.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1970
Heating
NONE
Buildings
22
Total area
14,722 SF
Lot
0.62 ac (27,007 SF)
Zoning code
RHD
APN
07532-AD-03800
UPID
US71-0082936
Jurisdiction
POLK
Zoning & alternative use
RHD · Dallas, ORZoning RHD · permitted uses
RHD · Dallas, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Dallas : Development Code
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.3M
RETAIL STORES
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Buildings
22
Lot
0.62 ac
Current owner
From public records · entity-resolved
Tucker Brown Investments LLC
Entity
Mailing address
111 NW 29TH ST, CORVALLIS, OR 97330-5342
Ownership since
2004
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
Dec 6, 2024
—
Tucker Brown Investments LLC
—
Deed
related
$160,000 · First Fsla Of Mcminnville
Aug 21, 2023
—
Tucker Brown Investments LLC
—
Deed
related
—
Oct 30, 2020
—
Tucker Brown Investments LLC
—
Deed
related
$1,700,000 · First Fsla Of Mcminnville
Jul 13, 2016
—
Tucker Brown Investments LLC
—
Deed
related
$949,900 · Bank Of The Pacific
Feb 11, 2004
$700,000
Tucker Brown Investments LLC
Jones,tr
Grant Deed
$560,000 · Bank Of Salem
Feb 23, 1994
$630,000
C C M J INC
Unknown
Grant Deed
—
—
—
Tucker Brown Investments LLC
—
Deed Of Trust
related
$600,000 · Maps Cu
—
—
Tucker Brown Investments LLC
—
Deed Of Trust
related
$949,900 · Bank Of The Pacific
—
—
Tucker Brown Investments LLC
—
Deed Of Trust
related
$157,441 · Bank Of Salem
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?”
You own 325 Academy St, Unit 10?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
