Back to Search
Property profile & analytics
FOR LEASE
Retail space
3362 Navarre Ave Oregon, OH 43616
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-1437910
For Lease
1 / 8
$18 SF/Yr
3362 Navarre Ave, Oregon, OH 43616
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
14,783 SF
Lot
1.91 ac (83,112 SF)
APN
44-22963
UPID
US66-1437910
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
$8.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.06M
Owner & transaction history
Second Avenue Ra LLC · 4 yrs held
Second Avenue Ra LLC
since 2022
Last sale
$7.1M
7 recorded transactions
Zoning & alternative use
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 Oregon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oregon 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
$9,340,000
ML approach
$8,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.06M
Range $7.25M – $8.87M · ±10% · vs last sale $7.05M (Jul 5 2022)
Last sale anchor
$7.05M
Jul 5 2022
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
$545 / 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
$96,037
Tax year 2023
Assessed value
$1,129,975
Assessed 2023
Previous assessed
$1,129,975
+0.0% YoY
Effective rate
8.50%
On assessed value
Assessed land
$688,065
Assessed improvement
$441,910
Land market value
$1,965,900
Improvement market value
$1,262,600
Total market value
$3,228,500
Applied tax rate
44.0000
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
For Lease
Year built
2007
Heating
NONE
Stories
1
Total area
14,783 SF
Lot
1.91 ac (83,112 SF)
APN
44-22963
UPID
US66-1437910
Jurisdiction
LUCAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
1
Lot
1.91 ac
Current owner
From public records · entity-resolved
Second Avenue Ra LLC
Entity
Mailing address
1106 BROADWAY, ASTORIA, NY 11106-4820
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
$7,050,000
Second Avenue Ra LLC
Rw Rad Navarre LLC
Limited Warranty Deed
$4,935,000 · Credit Union 1
Mar 11, 2021
$8,515
City Of Oregon Ohio
Rw Rad Navarre LLC
Warranty Deed
—
Nov 6, 2014
$6,677,700
Rw Rad Navarre LLC
Oregon Ra Associates LLC
Limited Warranty Deed
—
Jun 14, 2013
$5,580,000
Oregon Ra Associates LLC
Wxz Pw Retail Group Navarre LLC
Warranty Deed
$4,185,000 · Farmers Insurance Group FCU
Mar 25, 2008
—
Wxz Of Pw Retail Group/navarre Ll
Wxz Of Pw Retail Group/navarre Ll
Quit Claim Deed
—
May 8, 2007
$2,300,000
Wxz Of Pw Retail Group & Navarre Ll
Smith Family
Grant Deed
$5,120,000 · Sky Bk
Jul 14, 2005
—
Smith Family
Smith,jeannette C
Quit Claim 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?”
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.
