New search
Property profile & analytics
OFF-MARKET
Warehouses
340 11th St, Dundee, OR 97115-9732
Individually Owned
2-yr Hold
Free & Clear
Property ID
US71-0192680
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1948
Total area
1,292 SF
Lot
0.75 ac (32,670 SF)
Zoning code
M1
APN
R3326DD 03100
UPID
US71-0192680
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
by Request
Owner & transaction history
Russell G Meade · 2 yrs held
Russell G Meade
since 2023
7 recorded transactions
Zoning & alternative use
M1 · Dundee, 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 Dundee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dundee 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,731
Tax year 2023
Assessed value
$347,217
Assessed 2023
Previous assessed
$337,104
+3.0% YoY
Effective rate
1.36%
On assessed value
Land market value
$174,654
Improvement market value
$998,760
Total market value
$1,173,414
Applied tax rate
29.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1948
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,292 SF
Lot
0.75 ac (32,670 SF)
Zoning code
M1
APN
R3326DD 03100
UPID
US71-0192680
Jurisdiction
YAMHILL
Zoning & alternative use
M1 · Dundee, OR
Zoning M1 · permitted uses
M1 · Dundee, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dundee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Russell G Meade
Individual
Free & Clear · 2 yrs held
Mailing address
340 SW 11TH ST, DUNDEE, OR 97115-9732
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Nov 30, 2023
—
Russell G Meade
Russell G Meade
Deed
related
—
Apr 29, 2019
—
Russell G Meade
—
Deed
related
$30,000 · Gail James
Apr 19, 2006
$416,794
Russell G Meade
Webb Trust
Warranty Deed
$411,794 · Webb Trust (tr)
Aug 3, 2004
$340,225
Webb Trust
Burke Mtn Dev LLC
Grant Deed
—
Apr 15, 2004
$200,000
Burke Mtn Development LLC
Meade,russell G & Rebecca A
Grant Deed
—
Jul 12, 2001
$140,750
Russell G Meade
Rucker,beverly J
Grant Deed
$129,309 · Capitol Commerce Mortgage Co
—
—
Russell G Meade
—
Deed Of Trust
related
$30,000 · Gail James
—
—
Billy J Rucker
—
Deed Of Trust
related
$107,800 · First Union Mortgage
—
—
Russell G Meade
—
Deed Of Trust
related
$162,500 · American Mortgage Network INC
—
—
Billy J Rucker
—
Deed Of Trust
related
$25,311 · Household Finance Corp II
—
—
Billy J Rucker
—
Deed Of Trust
related
$105,000 · Norwest Mortgage INC
Jan 1, 1957
—
Billy J Rucker
Unknown
Grant Deed
related
—
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 340 11th St?
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.
