Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Turn key restaurants
32761 State Hwy 38 Scottsburg, OR 97473-9710
Entity Owned
Free & Clear
Property ID
US71-0611404
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1969
Total area
3,316 SF
Lot
3.78 ac (164,657 SF)
Zoning code
CRC
APN
22-09W-08A-00700
UPID
US71-0611404
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
$569k
Blend (final)
Blend
$600k
Owner & transaction history
Wells Creek & Angler Rv Holdings Ll
Wells Creek & Angler Rv Holdings Ll
since 2026
Last sale
$675,000
3 recorded transactions
Zoning & alternative use
CRC · Scottsburg, 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 Scottsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scottsburg 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
$510,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$450,000
Current use
COMMERCIAL (GENERAL)
$410,000
Change: -9% · Conversion: Easy
OFFICE BUILDING
$385,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $675k (Apr 3 2020)
Last sale anchor
$675k
Apr 3 2020
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
$181 / 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
$5,364
Tax year 2023
Assessed value
$408,872
Assessed 2023
Previous assessed
$385,402
+6.1% YoY
Effective rate
1.31%
On assessed value
Land market value
$232,848
Improvement market value
$366,335
Total market value
$599,183
Applied tax rate
3,406.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1969
Heating
FORCED AIR
Buildings
5
Stories
1
Bathrooms
2
Total area
3,316 SF
Lot
3.78 ac (164,657 SF)
Zoning code
CRC
APN
22-09W-08A-00700
UPID
US71-0611404
Jurisdiction
DOUGLAS
Zoning & alternative use
CRC · Scottsburg, OR
Zoning CRC · permitted uses
CRC · Scottsburg, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Scottsburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$450,000
COMMERCIAL (GENERAL)
Est. value
$410,000
OFFICE BUILDING
Est. value
$385,000
RESTAURANT Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1969
Heating
FORCED AIR
Stories
1
Buildings
5
Bathrooms
2
Lot
3.78 ac
Current owner
From public records · entity-resolved
Wells Creek & Angler Rv Holdings Ll
Entity
Free & Clear · 0 yrs held
Mailing address
32761 STATE HWY 38, SCOTTSBURG, OR 97473-9710
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2026
$1,100,000
Wells Creek & Angler Rv Holdings Ll
David J Walker
Warranty Deed
—
Aug 5, 2024
$675,000
David J Walker
Wells Creek Resort
Special Warranty Deed
—
Dec 16, 2016
$300,000
Wells Creek Resort
Wright,mary
Warranty Deed
—
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 32761 State Hwy 38?
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.
