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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office buildings
394 Donald St Dallas, OR 97338-1406
Entity Owned
3-yr Hold
Free & Clear
Property ID
US71-0337755
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Total area
1,084 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CG
APN
07533-BB-03400
UPID
US71-0337755
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
$505k
Owner & transaction history
B2 Community Care LLC · 3 yrs held
B2 Community Care LLC
since 2023
Last sale
$585,000
6 recorded transactions
Zoning & alternative use
CG · Dallas, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district applies to commercial areas outside or adjacent to the central business area. It provides opportunities for a mix of community-oriented businesses such as grocery stores, and restaurants, highway oriented commercial uses, and other services adjacent to medium- and high-density housing areas
Zone name
General Commercial
General category
COMMERCIAL
Zone area
97.45 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$475,000
+114.6%
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 Dallas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dallas 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
COMMERCIAL (GENERAL)
$475,000
Change: +115% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $585k (Apr 7 2023)
Last sale anchor
$585k
Apr 7 2023
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
$466 / 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
$2,054
Tax year 2023
Assessed value
$147,040
Assessed 2023
Effective rate
1.40%
On assessed value
Assessed land
$45,760
Assessed improvement
$101,280
Land market value
$79,300
Improvement market value
$175,520
Total market value
$254,820
Applied tax rate
238.0000
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
1948
Heating
BASEBOARD
Stories
1
Rooms
3
Bathrooms
1
Total area
1,084 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CG
APN
07533-BB-03400
UPID
US71-0337755
Jurisdiction
POLK
Zoning & alternative use
CG · Dallas, ORZoning CG · permitted uses
CG · Dallas, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district applies to commercial areas outside or adjacent to the central business area. It provides opportunities for a mix of community-oriented businesses such as grocery stores, and restaurants, highway oriented commercial uses, and other services adjacent to medium- and high-density housing areas
Zone name
General Commercial
General category
COMMERCIAL
Zone area
97.45 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$475,000
COMMERCIAL (GENERAL)
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
1948
Heating
BASEBOARD
Stories
1
Rooms
3
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
B2 Community Care LLC
Entity
Free & Clear · 3 yrs held
Mailing address
394 SW DONALD ST, DALLAS, OR 97338-1406
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2023
—
B2 Community Care LLC
Blair A Goldstein
Lease
—
Apr 7, 2023
$585,000
Blair A Goldstein
Community Innovation Partners
Warranty Deed
$289,000 · Jpmorgan Chase Bank NA
Aug 30, 2019
$160,000
Community Innovation Partners
Tallon,scott R & Dyan M
Warranty Deed
—
Oct 31, 2013
$440,000
Scott R Tallon
Michele Kliever Rlt LLC
Warranty Deed
$515,000 · Robert H Kliever Rlt LLC
Jan 26, 2005
—
Michele Kliever Rlt LLC
Kliever,robert & Michele
Quit Claim Deed
related
—
Jan 18, 2005
—
Owner Name Unavailable
Kliever,robert H & Michelle D
Grant Deed
related
—
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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