Individually Owned Property summary
AI-generated overview
This commercial property is located in Lincoln Beach and has frontage on Highway 101, with an ODOT easement and ample on-site parking. The building area is 848 square feet and is currently configured as two separate units that can be combined or separated. The layout includes two retail spaces, one office space, two half bathrooms, and glass cabinets (the condition and/or inclusion of the glass cabinets may vary). A surveillance camera and security system are installed, and the property provides handicap access. The site is positioned across from Chesters Market in an area zoned for commercial use and is near the ocean beach.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
WOOD
Total area
848 SF
Lot
0.16 ac (6,970 SF)
Zoning code
C-1;COMMERCIAL
APN
08-11-28-BC-09700-00
UPID
US71-0917921
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$115k
Owner & transaction history
since 2016
5 recorded transactions
Zoning & alternative use
C-1;COMMERCIAL · Depoe Bay, OR
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$115k
Value range
$104k – $127k
±10% around blend
Estimated value / SF
$136 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$104k
blend $115k
$127k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
848 SF
Lot area
0.16 ac
Year built
1979
APN
08-11-28-BC-09700-00
Zoning
C-1;COMMERCIAL
Assessed value
$118,660
Annual tax
$1,585
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$115k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 72 sales
$176
-23%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $136/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$119k
Move the market yield to see immediate price impact.
Value / SF
$140
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$7k
$150k
$107k
$83k
$8k
$166k
$119k
$92k
$9k
$183k
$131k
$102k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,585
Tax year 2023
Assessed value
$118,660
Assessed 2023
Previous assessed
$115,210
+3.0% YoY
Effective rate
1.34%
On assessed value
Land market value
$114,930
Improvement market value
$79,470
Total market value
$194,400
Applied tax rate
488.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1979
Construction
WOOD
Heating
NONE
Buildings
2
Total area
848 SF
Lot
0.16 ac (6,970 SF)
Zoning code
C-1;COMMERCIAL
APN
08-11-28-BC-09700-00
UPID
US71-0917921
Jurisdiction
LINCOLN
Zoning & alternative use
C-1;COMMERCIAL · Depoe Bay, ORZoning C-1;COMMERCIAL · permitted uses
C-1;COMMERCIAL · Depoe Bay, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1979
Construction
WOOD
Heating
NONE
Buildings
2
Lot
0.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-1;COMMERCIAL
Jurisdiction
Depoe Bay, OR
Recorded code
C-1;COMMERCIAL
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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