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Property profile & analytics
OFF-MARKET
Estimated value
$1,810,000
Retail properties & Spaces
348 Broadway St, Woodburn, OR 97071
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0063836
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1983
Total area
22,000 SF
Lot
0.55 ac (23,958 SF)
Zoning code
IL
APN
051W18AC01200
UPID
US71-0063836
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
$1.90M
Blend (final)
Blend
$1.81M
Owner & transaction history
Rimfire Investments LLC · 3 yrs held
Rimfire Investments LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
IL · Woodburn, 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 Woodburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodburn 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
$2,330,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.81M
Range $1.63M – $1.99M · ±10% · vs last sale $1.47M (Jul 15 2022)
Last sale anchor
$1.47M
Jul 15 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
$82 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$14,424
Tax year 2021
Assessed value
$770,940
Assessed 2023
Previous assessed
$748,490
+3.0% YoY
Effective rate
1.87%
On assessed value
Land market value
$81,000
Improvement market value
$1,442,330
Total market value
$1,523,330
Applied tax rate
3,039.0000
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 properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1983
Heating
NONE
Stories
2
Total area
22,000 SF
Lot
0.55 ac (23,958 SF)
Zoning code
IL
APN
051W18AC01200
UPID
US71-0063836
Jurisdiction
MARION
Zoning & alternative use
IL · Woodburn, OR
Zoning IL · permitted uses
IL · Woodburn, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Stories
2
Lot
0.55 ac
Current owner
From public records · entity-resolved
Rimfire Investments LLC
Entity
Mailing address
9400 SW BARNES RD, PORTLAND, OR 97225-6608
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2022
$1,465,000
Rimfire Investments LLC
Paco LLC
Warranty Deed
—
Oct 21, 2011
—
Paco LLC
—
Trustees Deed
related
$179,737 · Us Bank NA
Mar 14, 2007
—
Paco LLC
Payne,patricia A
Warranty Deed
related
—
Jul 21, 2003
$400,000
Paco LLC
Senter,tr
Grant Deed
—
Jul 21, 2003
—
Robert D Payne
Paco LLC
Grant Deed
$250,000 · Us Bank NA
Dec 2, 1988
—
Senter,rodney M & Wilma-trust
Unknown
Grant Deed
related
—
—
—
Paco LLC
—
Deed Of Trust
related
$171,009 · Payne Family Trust (pt)
—
—
Patricia A Payne
—
Deed Of Trust
related
$226,733 · Us Bank NA
—
—
Paco LLC
—
Deed Of Trust
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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