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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Industrial properties
37470 Ruben Ln, Sandy, OR 97055-9271
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1583581
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Lot
1.68 ac (73,181 SF)
Zoning code
I2
APN
24E14 01507
UPID
US71-1583581
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
-
Hearth Classics By American Panel Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
J & J Industries LLC · 3 yrs held
J & J Industries LLC
since 2022
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
I2 · Sandy, 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 Sandy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandy 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
$850,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $775k (Oct 7 2022)
Last sale anchor
$775k
Oct 7 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
—
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
$23,713
Tax year 2023
Assessed value
$1,396,767
Assessed 2023
Previous assessed
$1,356,085
+3.0% YoY
Effective rate
1.70%
On assessed value
Land market value
$1,075,348
Improvement market value
$1,065,860
Total market value
$2,141,208
Applied tax rate
46.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2000
Heating
NONE
Lot
1.68 ac (73,181 SF)
Zoning code
I2
APN
24E14 01507
UPID
US71-1583581
Jurisdiction
CLACKAMAS
Zoning & alternative use
I2 · Sandy, OR
Zoning I2 · permitted uses
I2 · Sandy, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Lot
1.68 ac
Current owner
From public records · entity-resolved
J & J Industries LLC
Entity
Mailing address
7345 SE ALTMAN RD, GRESHAM, OR 97080-8924
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2022
—
J & J Industries LLC
J & J Sandy LLC
Intrafamily Transfer
related
$1,250,000 · Clackamas FCU
Apr 29, 2014
$775,000
J & J Industries LLC
Umpqua Bank
Special Warranty Deed
$445,255 · Clackamas County Bank
Aug 8, 2013
$929,000
Sterling Svgs Bk
Dorr Christopher C
Trustees Deed
related
—
Jul 6, 2011
—
Mark K Grider
Grider,mark K
Quit Claim Deed
related
—
Jul 5, 2011
$950,000
Environmental Research Ltd L P
Mark K Grider
Warranty Deed
$744,000 · Us Bank NA
Jun 29, 2007
—
Mark K Grider
—
Deed Of Trust
related
$1,450,000 · Seattle Funding Group Ltd
Mar 9, 2007
—
Mark K Grider
—
Trustees Deed
related
$111,051 · Livermore Associates INC
Jun 7, 2000
$392,000
Mark K Grider
C W Real Estate Co
Grant Deed
$250,000 · Merchant National Bank
—
—
Mark Grider
—
Deed Of Trust
related
$98,310 · Helen M Yoerger Family LLC
—
—
Mark K Grider
—
Deed Of Trust
related
$80,000 · Environmental Research Ltd
—
—
Environmental Research Ltd LP
—
Loan Modification
related
—
—
—
Mark K Grider
—
Deed Of Trust
related
—
—
—
J & J Industries LLC
—
Deed Of Trust
related
$372,000 · Ccd Busn Dev
—
—
Mark K Grider
—
Deed Of Trust
related
$25,000 · Mbank
—
—
Mark K Grider
—
Deed Of Trust
related
$9,373 · Vermilyea Law Group PC
—
—
J & J Industries LLC
—
Loan Modification
related
$445,125 · Ccd Busn Dev
—
—
Mark K Grider
—
Deed Of Trust
related
$1,592,500 · Sterling Savings Bank
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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