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Property profile & analytics
OFF-MARKET
Retail space
350 Alder St, Waldport, OR 97394-9679
Individually Owned
19-yr Hold
Property ID
US71-1278419
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2019
Total area
880 SF
Lot
0.05 ac (2,178 SF)
Zoning code
DD;DOWNTOWN DISTRICT
APN
13-11-19-AC-02001-00
UPID
US71-1278419
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
Michael Schlosser · 19 yrs held
Michael Schlosser
since 2007
5 recorded transactions
Zoning & alternative use
DD;DOWNTOWN DISTRICT · Waldport, 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 Waldport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waldport 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
$4,096
Tax year 2023
Assessed value
$245,860
Assessed 2023
Previous assessed
$238,700
+3.0% YoY
Effective rate
1.67%
On assessed value
Land market value
$73,810
Improvement market value
$340,790
Total market value
$414,600
Applied tax rate
301.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2019
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
880 SF
Lot
0.05 ac (2,178 SF)
Zoning code
DD;DOWNTOWN DISTRICT
APN
13-11-19-AC-02001-00
UPID
US71-1278419
Jurisdiction
LINCOLN
Zoning & alternative use
DD;DOWNTOWN DISTRICT · Waldport, OR
Zoning DD;DOWNTOWN DISTRICT · permitted uses
DD;DOWNTOWN DISTRICT · Waldport, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waldport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Michael Schlosser
Individual
Mailing address
PO BOX 2317, WALDPORT, OR 97394-2317
Ownership since
2007
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 16, 2007
$50,500
Michael Schlosser
Snegireff,nickita
Warranty Deed
$33,666 · Nickita Snegireff
Dec 22, 2005
$45,000
Nickita Snegireff
Mugleston,tim
Warranty Deed
$5,000 · Tim Mugleston
—
—
Michael Schlosser
—
Deed Of Trust
related
$115,000 · Norris T J Living Trust (rt)
—
—
Michael Schlosser
—
Loan Modification
related
—
—
—
Michael Schlosser
—
Deed Of Trust
related
$210,803 · Oregon Coast 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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