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Property profile & analytics
OFF-MARKET
Industrial properties
3815 Naef Rd, Milwaukie, OR 97267-5615
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0167309
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1977
Lot
1.6 ac (69,696 SF)
Zoning code
I2
APN
21E13A 00724
UPID
US71-0167309
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
Duemmer LLC · 1 yrs held
Duemmer LLC
since 2025
7 recorded transactions
Zoning & alternative use
I2 · Milwaukie, 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 Milwaukie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukie 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
$17,632
Tax year 2023
Assessed value
$940,914
Assessed 2023
Previous assessed
$913,509
+3.0% YoY
Effective rate
1.87%
On assessed value
Land market value
$1,081,769
Improvement market value
$1,019,850
Total market value
$2,101,619
Applied tax rate
12.0000
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
Year built
1977
Heating
NONE
Lot
1.6 ac (69,696 SF)
Zoning code
I2
APN
21E13A 00724
UPID
US71-0167309
Jurisdiction
CLACKAMAS
Zoning & alternative use
I2 · Milwaukie, OR
Zoning I2 · permitted uses
I2 · Milwaukie, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Lot
1.6 ac
Current owner
From public records · entity-resolved
Duemmer LLC
Entity
Mailing address
PO BOX 1248, OCEAN PARK, WA 98640-1248
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2025
—
Duemmer LLC
Wfd LLC
Deed
related
—
Jan 21, 2025
—
Duemmer LLC
Wfd LLC
Bargain & Sale Deed
—
Nov 4, 2021
—
Wfd LLC
—
Deed
related
$850,000 · Umpqua Bank
Aug 19, 2021
—
Wfd LLC
Werner E Duemmer
Bargain And Sale Deed
—
Oct 7, 2013
—
Duemmer Trust
Duemmer,werner F
Quit Claim Deed
related
—
Mar 15, 2005
—
Werner F Duemmer
—
Trustees Deed
related
$100,000 · Mbank
Mar 3, 2000
—
Werner F Duemmer
Seal-a-tron Corp
Grant Deed
$500,000 · Us Bank NA
—
—
Werner F Duemmer
—
Deed Of Trust
related
$720,000 · Bank Of The West
—
—
Werner F Duemmer
—
Deed Of Trust
related
$360,000 · Merchant National Bank
—
—
Werner F Duemmer
—
Deed Of Trust
related
$550,000 · Merchant National Bank
—
—
Werner F Duemmer
—
Deed Of Trust
related
$93,013 · Mbank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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