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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Office Spaces
344 Main St, Ashland, OR 97520-1833
Individually Owned
4-yr Hold
Free & Clear
Property ID
US71-0985956
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Total area
2,734 SF
Lot
0.19 ac (8,276 SF)
Zoning code
C-1-D
APN
1-0804530
UPID
US71-0985956
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
Current use
Occupant on record · Public records
-
imortgage Loan Service Bank
-
loanDepot Dave Porter Loan Service Bank
-
loanDepot Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$435k
Comparable Approach
Comparable
$668k
Blend (final)
Blend
$640k
Owner & transaction history
Robert H Hobi · 4 yrs held
Robert H Hobi
since 2022
5 recorded transactions
Zoning & alternative use
C-1-D · Ashland, 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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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%
$470,000
6.5%
$435,000
7%
$405,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$785,000
Current use
MEDICAL BUILDING
$645,000
Change: -18% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$635,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$234 / 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
$9,718
Tax year 2023
Assessed value
$610,700
Assessed 2023
Previous assessed
$592,920
+3.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$267,230
Assessed improvement
$343,470
Land market value
$470,150
Improvement market value
$316,490
Total market value
$786,640
Applied tax rate
501.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Total area
2,734 SF
Lot
0.19 ac (8,276 SF)
Zoning code
C-1-D
APN
1-0804530
UPID
US71-0985956
Jurisdiction
JACKSON
Zoning & alternative use
C-1-D · Ashland, OR
Zoning C-1-D · permitted uses
C-1-D · Ashland, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$785,000
MEDICAL BUILDING
Est. value
$645,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$635,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
NONE
Lot
0.19 ac
Current owner
From public records · entity-resolved
Robert H Hobi
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 332, WINCHESTER, OR 97495-0332
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2022
—
Robert H Hobi
Robert H Hobi
Intrafamily Transfer
related
—
Mar 15, 2013
$556,800
Robert H Hobi
Nld Title LLC
Grant Deed
—
Jan 24, 2013
$390,137
Nld Title LLC
Amerititle INC
Grant Deed
$17,500,000 · Bank Of The Cascades
Nov 6, 1998
$425,000
Amerititle INC
Main Street Realty Group INC
Grant Deed
—
Sep 25, 1991
$330,000
Main Street Realty Grp INC
Eshoo,george V & Barbara
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.
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