Individually Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Total area
2,460 SF
Lot
16.72 ac (728,323 SF)
Zoning code
PS
APN
08419-00-02000
UPID
US71-0997550
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dog Park
-
City Government Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$555k
Comparable Approach
Comparable
$712k
Blend (final)
Blend
$575k
Owner & transaction history
Zoning & alternative use
PS · Monmouth, OR
Zoning description
IAL ZONES Chapter 18.95 LIGHT INDUSTRIAL (IL) ZONE Chapter 18.100 INDUSTRIAL PARK (IP) ZONE Chapter 18.105 GENERAL INDUSTRIAL (GI) ZONE Division V PUBLIC SERVICE ZONE AND OPEN SPACE ZONES Chapter 18.110 PUBLIC SERVICES (…
General category
CIVIC_INSTITUTIONAL
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.
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
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Summary
1
Valuation conclusion
Included free
Estimated market value
$575k
Value range
$518k – $633k
±10% around blend
Estimated value / SF
$234 / SF
Confidence
Property data
75
Market benchmarks
33
Comparable evidence
60
$518k
blend $575k
$633k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,460 SF
Lot area
16.72 ac
Year built
1969
APN
08419-00-02000
Zoning
PS
Assessed value
$1,518,350
3
Income approach: direct capitalization
Partial preview
Income approach indication
$555k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$600k
@ 6.5% CAP return
$555k
@ 7% CAP return
$515k
4
Sales comparison
Partial preview
Sales approach indication
$712k
Range $240k – $712k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$575k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 26 sales
$204
+15%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $234/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
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
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: income and sales evidence cover the value conclusion.
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.
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
Professional Plan · 30 reports
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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$1.52M
Move the market yield to see immediate price impact.
Value / SF
$617
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%
$96k
$1.91M
$1.37M
$1.06M
$106k
$2.13M
$1.52M
$1.18M
$117k
$2.34M
$1.67M
$1.30M
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
Assessed value
$1,518,350
Assessed 2023
Previous assessed
$1,474,130
+3.0% YoY
Assessed land
$237,980
Assessed improvement
$1,280,370
Land market value
$444,850
Improvement market value
$1,271,550
Total market value
$1,716,400
Applied tax rate
1,302.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1969
Heating
NONE
Buildings
2
Total area
2,460 SF
Lot
16.72 ac (728,323 SF)
Zoning code
PS
APN
08419-00-02000
UPID
US71-0997550
Jurisdiction
POLK
Zoning & alternative use
PS · Monmouth, ORZoning PS · permitted uses
PS · Monmouth, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
IAL ZONES Chapter 18.95 LIGHT INDUSTRIAL (IL) ZONE Chapter 18.100 INDUSTRIAL PARK (IP) ZONE Chapter 18.105 GENERAL INDUSTRIAL (GI) ZONE Division V PUBLIC SERVICE ZONE AND OPEN SPACE ZONES Chapter 18.110 PUBLIC SERVICES (…
General category
CIVIC_INSTITUTIONAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Buildings
2
Lot
16.72 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
PS
CIVIC_INSTITUTIONAL
Jurisdiction
Monmouth, OR
Recorded code
PS
Official district
PS
Official district profile
What the municipal code says about PS
Zoning description
IAL ZONES Chapter 18.95 LIGHT INDUSTRIAL (IL) ZONE Chapter 18.100 INDUSTRIAL PARK (IP) ZONE Chapter 18.105 GENERAL INDUSTRIAL (GI) ZONE Division V PUBLIC SERVICE ZONE AND OPEN SPACE ZONES Chapter 18.110 PUBLIC SERVICES (…
General category
CIVIC_INSTITUTIONAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PS in Monmouth, OR.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
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
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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