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Property profile & analytics
OFF-MARKET
Estimated value
$7,300,000
Industrial properties
400 Woodland Ave, Woodburn, OR 97071-2163
Entity Owned
23-yr Hold
Free & Clear
Property ID
US71-0952272
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Total area
31,992 SF
Lot
80.18 ac (3,492,641 SF)
Zoning code
IL
APN
052W11 00100
UPID
US71-0952272
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
-
WinCo Foods Distribution Center Truck Entrance Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.30M
Blend (final)
Blend
$7.30M
Owner & transaction history
Department Of Transportation · 23 yrs held
Department Of Transportation
since 2002
2 recorded transactions
Zoning & alternative use
IL · Woodburn, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.4M
+98.9%
Medical building
$10.3M
+79.1%
Restaurant
$9.7M
+69.4%
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 Woodburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodburn 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
INDUSTRIAL (GENERAL)
$5,745,000
Current use
AUTO REPAIR, GARAGE
$11,420,000
Change: +99% · Conversion: Easy
MEDICAL BUILDING
$10,285,000
Change: +79% · Conversion: Difficult
RESTAURANT
$9,730,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$8,745,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$6,310,000
Change: +10% · Conversion: Moderate
WAREHOUSE, STORAGE
$6,150,000
Change: +7% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,735,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$7.30M
Range $6.57M – $8.03M · ±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
$228 / 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
$1,360,291
Tax year 2023
Assessed value
$71,621,030
Assessed 2023
Previous assessed
$69,534,990
+3.0% YoY
Effective rate
1.90%
On assessed value
Land market value
$11,350,000
Improvement market value
$64,629,150
Total market value
$75,979,150
Applied tax rate
3,030.0000
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
1998
Heating
NONE
Stories
2
Total area
31,992 SF
Lot
80.18 ac (3,492,641 SF)
Zoning code
IL
APN
052W11 00100
UPID
US71-0952272
Jurisdiction
MARION
Zoning & alternative use
IL · Woodburn, OR
Zoning IL · permitted uses
IL · Woodburn, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$11.4M
MEDICAL BUILDING
Est. value
$10.3M
RESTAURANT
Est. value
$9.7M
OFFICE BUILDING
Est. value
$8.7M
RETAIL STORES
Est. value
$6.3M
WAREHOUSE, STORAGE
Est. value
$6.2M
COMMERCIAL (GENERAL)
Est. value
$5.7M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1998
Heating
NONE
Stories
2
Lot
80.18 ac
Current owner
From public records · entity-resolved
Department Of Transportation
Entity
Free & Clear · 23 yrs held
Mailing address
PO BOX 5756, BOISE, ID 83705-0756
Ownership since
2002
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
Oct 25, 2002
$226,330
Department Of Transportation
Winco Foods INC
Grant Deed
—
Jan 27, 1992
$205,000
Davidson Farms INC
Unknown
Grant Deed
—
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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