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Property profile & analytics
OFF-MARKET
Estimated value
$4,200,000
Industrial properties
3484 Old Salem NE Rd, Albany, OR 97321-7333
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US71-0616100
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
8.08 ac (351,965 SF)
APN
10S 03W 28 00107
UPID
US71-0616100
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
-
Today's Best Cleaning General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.20M
Owner & transaction history
Thorworks Industries INC · 2 yrs held
Thorworks Industries INC
since 2024
Last sale
$4.2M
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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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
$24,945
Tax year 2023
Assessed value
$1,597,800
Assessed 2023
Previous assessed
$1,551,270
+3.0% YoY
Effective rate
1.56%
On assessed value
Land market value
$1,231,750
Improvement market value
$1,204,720
Total market value
$2,436,470
Applied tax rate
805.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
8.08 ac (351,965 SF)
APN
10S 03W 28 00107
UPID
US71-0616100
Jurisdiction
LINN
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
Heating
NONE
Lot
8.08 ac
Current owner
From public records · entity-resolved
Thorworks Industries INC
Entity
Mailing address
PO BOX 4266, WILSONVILLE, OR 97070-4266
Ownership since
2024
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
Apr 10, 2024
$4,200,000
Thorworks Industries INC
Hunter Jackson LLC
Special Warranty Deed
$3,000,000 · Special Asphalt Products INC
May 26, 2016
—
Hunter Jackson LLC
—
Deed
related
$659,421 · Banner Bk
Jun 30, 2015
—
Hunter Jackson LLC
—
Trustees Deed
related
$560,000 · Banner Bk
Jun 26, 2015
$1,000,000
Hunter Jackson LLC
State Of Oregon
Bargain And Sale Deed
$750,000 · Banner Bank
Jun 19, 2014
$2,000,000
State Of Or
Deputy Sheriff Of Linn County
Trustees Deed
related
—
Jan 23, 2009
—
Peak Sun Materials Corp
Peak Sun Silicon Corp
Quit Claim Deed
—
Jun 9, 2008
—
Peak Sun Silicon Corp
—
Deed Of Trust
related
$14,000,000 · Department Of Energy
Feb 25, 2008
$647,200
Peak Sun Silicon Corp
City Of Millersburg
Warranty Deed
—
—
—
Hunter Jackson LLC
—
Loan Modification
related
$659,421 · Banner Bk
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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