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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Commercial real estate
385 Jefferson Ave Metolius, OR 97741-2315
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-1084278
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1946
Total area
2,784 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C1
APN
111328-AC-00500
UPID
US71-1084278
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
-
Desert Inn Sports Bar and Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$605k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$670k
Owner & transaction history
Sara Stevens · 3 yrs held
Sara Stevens
since 2022
Last sale
$630,000
3 recorded transactions
Zoning & alternative use
C1 · Metolius, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Commercial C1 zone is to create and preserve areas suitable for commercial uses and services on broad basis, to strengthen the area as the logical place for people to gather and create a business center and to serve as the central business area for the City
Zone name
Commercial
General category
COMMERCIAL
Zone area
26.63 ac
Source
Realmo
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 Metolius submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Metolius 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
$670,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $630k (Sep 29 2022)
Last sale anchor
$630k
Sep 29 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
$241 / 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
$1,919
Tax year 2023
Assessed value
$98,080
Assessed 2023
Previous assessed
$95,230
+3.0% YoY
Effective rate
1.96%
On assessed value
Land market value
$79,680
Improvement market value
$438,710
Total market value
$518,390
Applied tax rate
140.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1946
Heating
NONE
Total area
2,784 SF
Lot
0.34 ac (14,810 SF)
Zoning code
C1
APN
111328-AC-00500
UPID
US71-1084278
Jurisdiction
JEFFERSON
Zoning & alternative use
C1 · Metolius, ORZoning C1 · permitted uses
C1 · Metolius, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Commercial C1 zone is to create and preserve areas suitable for commercial uses and services on broad basis, to strengthen the area as the logical place for people to gather and create a business center and to serve as the central business area for the City
Zone name
Commercial
General category
COMMERCIAL
Zone area
26.63 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
Sara Stevens
Individual
Mailing address
385 JEFFERSON AVE, METOLIUS, OR 97741-2315
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2022
$630,000
Sara Stevens
K & L Semm Properties LLC
Warranty Deed
$629,900 · Larry Semm Etal
Apr 29, 2022
$630,000
Sara Stevens
K & L Semm Properties LLC
Warranty Deed
$629,900 · Larry Semm
Jul 10, 2012
$172,500
Larry Semm
Jason Schjoll
Warranty Deed
$150,000 · Joseph E Omeara Living Trust
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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