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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Auto shops
3401 Westgate Pendleton, OR 97801-4003
Individually Owned
14-yr Hold
Free & Clear
Property ID
US71-1242630
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2012
Total area
6,600 SF
Lot
1.21 ac (52,708 SF)
Zoning code
M-1
APN
2N3209B000300
UPID
US71-1242630
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
$655k
Owner & transaction history
Kris Thieme · 14 yrs held
Kris Thieme
since 2011
1 recorded transaction
Zoning & alternative use
M-1 · Pendleton, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Except as modified within applicable subdistricts, to provide, enhance and protect areas to accommodate a wide range of manufacturing and allied uses that need generally flat topography and easy access to arterials and intermodal shipping facilities, and to reserve industrial sites near the airport for specific employment uses identified in the Pendleton Eco…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,974.26 ac
Source
Realmo
Top alternative use upside
Office building
$1.0M
+45.6%
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 Pendleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pendleton 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
AUTO REPAIR, GARAGE
$685,000
Current use
OFFICE BUILDING
$1,000,000
Change: +46% · Conversion: Difficult
RESTAURANT
$650,000
Change: -5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$645,000
Change: -6% · Conversion: Easy
MEDICAL BUILDING
$600,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$99 / 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
$9,015
Tax year 2023
Assessed value
$484,150
Assessed 2023
Previous assessed
$470,050
+3.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$86,500
Assessed improvement
$397,650
Land market value
$128,620
Improvement market value
$417,290
Total market value
$545,910
Applied tax rate
1,601.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2012
Heating
NONE
Total area
6,600 SF
Lot
1.21 ac (52,708 SF)
Zoning code
M-1
APN
2N3209B000300
UPID
US71-1242630
Jurisdiction
UMATILLA
Zoning & alternative use
M-1 · Pendleton, ORZoning M-1 · permitted uses
M-1 · Pendleton, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Except as modified within applicable subdistricts, to provide, enhance and protect areas to accommodate a wide range of manufacturing and allied uses that need generally flat topography and easy access to arterials and intermodal shipping facilities, and to reserve industrial sites near the airport for specific employment uses identified in the Pendleton Economic Opportunities Analysis
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,974.26 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$685,000
OFFICE BUILDING
Est. value
$1.0M
RESTAURANT
Est. value
$650,000
INDUSTRIAL (GENERAL)
Est. value
$645,000
MEDICAL BUILDING
Est. value
$600,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RESTAURANT
INDUSTRIAL (GENERAL)
MEDICAL 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
2012
Heating
NONE
Lot
1.21 ac
Current owner
From public records · entity-resolved
Kris Thieme
Individual
Free & Clear · 14 yrs held
Mailing address
69922 HWY 395TH S, PENDLETON, OR 97801-9328
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2011
$161,500
Kris Thieme
James L Whitney
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.
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