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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Office buildings
382 Hood Ave Sisters, OR 97759-1620
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US71-0531145
Property summary
AI-generated overview
This exceptional commercial property at 382 E Hood Ave in Sisters, Oregon, offers a rare opportunity to lease executive office space in a vibrant downtown location. The building, zoned DC (Downtown Commercial) in Deschutes County, boasts a total of 7,200 square feet and is comprised of two suites. Currently, 1,833 square feet of space is available for lease, divisible into units ranging from a minimum of 383 square feet to a maximum contiguous space of 1,450 square feet. This flexibility makes it ideal for a variety of businesses, from small startups to established firms requiring adaptable workspace. The property is categorized as both retail and office, presenting a unique blend of uses. Ample street parking is available for tenants and their clients, ensuring convenient access. The property's address is 382 E Hood Ave, Sisters, OR 97759. This prime location in the heart of Sisters offers excellent visibility and accessibility, making it an attractive option for businesses seeking a thriving commercial environment. The building's multiple tenancy structure provides a diverse and dynamic atmosphere. Interested parties should inquire about lease terms and availability.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1994
Total area
7,200 SF
Lot
0.16 ac (6,970 SF)
APN
151009 BA 01300
UPID
US71-0531145
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
$1.72M
Blend (final)
Blend
$725k
Owner & transaction history
Peterson Tool Manufacturing Co · 8 yrs held
Peterson Tool Manufacturing Co
since 2018
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.8M
+29.4%
Apartment house (5+ units)
$2.7M
+29.2%
Commercial (general)
$2.7M
+26.7%
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 Sisters submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sisters 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,125,000
Current use
AUTO REPAIR, GARAGE
$2,750,000
Change: +29% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,745,000
Change: +29% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,695,000
Change: +27% · Conversion: Easy
RESTAURANT
$2,670,000
Change: +25% · Conversion: Moderate
RETAIL STORES
$2,480,000
Change: +16% · Conversion: Moderate
MEDICAL BUILDING
$2,300,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$725k
Range $653k – $798k · ±10%
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
$101 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,677
Tax year 2023
Assessed value
$834,810
Assessed 2023
Previous assessed
$774,050
+7.8% YoY
Effective rate
1.16%
On assessed value
Land market value
$216,600
Improvement market value
$1,190,750
Total market value
$1,407,350
Applied tax rate
6,045.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1994
Heating
NONE
Buildings
2
Total area
7,200 SF
Lot
0.16 ac (6,970 SF)
APN
151009 BA 01300
UPID
US71-0531145
Jurisdiction
DESCHUTES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.7M
RESTAURANT
Est. value
$2.7M
RETAIL STORES
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.3M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Buildings
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Peterson Tool Manufacturing Co
Entity
Mailing address
926 E CREEKSIDE CT, SISTERS, OR 97759-9869
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2018
$700,000
Peterson Tool Manufacturing Co
Aljabra Investments LLC
Warranty Deed
$260,000 · Aljabra Investments LLC
Feb 1, 2005
$1,785,000
Aljabra Investments LLC
Mcgilvary John B Trust
Warranty Deed
$120,000 · Miller-hyland Geri Trust (tr)
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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