New search
Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Auto shops
407 Ellendale Ave, Dallas, OR 97338-3001
Entity Owned
8-yr Hold
Free & Clear
Property ID
US71-0460264
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2018
Total area
4,888 SF
Lot
0.46 ac (20,038 SF)
Zoning code
CG
APN
07528-CD-02302
UPID
US71-0460264
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
-
Jiffy Lube Oil Change and Multicare Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$676k
Blend (final)
Blend
$500k
Owner & transaction history
Bayside Investments LLC · 8 yrs held
Bayside Investments LLC
since 2018
6 recorded transactions
Zoning & alternative use
CG · Dallas, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$830,000
+83.2%
Medical building
$605,000
+33.6%
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
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$450,000
Current use
OFFICE BUILDING
$830,000
Change: +83% · Conversion: Difficult
MEDICAL BUILDING
$605,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$102 / 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
$12,467
Tax year 2023
Assessed value
$892,230
Assessed 2023
Previous assessed
$866,250
+3.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$269,390
Assessed improvement
$622,840
Land market value
$392,400
Improvement market value
$1,052,800
Total market value
$1,445,200
Applied tax rate
201.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
8
Bathrooms
1
Total area
4,888 SF
Lot
0.46 ac (20,038 SF)
Zoning code
CG
APN
07528-CD-02302
UPID
US71-0460264
Jurisdiction
POLK
Zoning & alternative use
CG · Dallas, OR
Zoning CG · permitted uses
CG · Dallas, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dallas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$450,000
OFFICE BUILDING
Est. value
$830,000
MEDICAL BUILDING
Est. value
$605,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
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
2018
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Bayside Investments LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 478, SALT LAKE CITY, UT 84110-0478
Ownership since
2018
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, 2019
—
Bayside Investments LLC
—
Deed
related
$1,000,000 · Wells Fargo Bank NA
May 11, 2018
$2,189,660
Bayside Investments LLC
Tfc Dallas Jiffy LLC
Grant Deed
—
Aug 29, 2017
—
Tfc Dallas Jiffy LLC
—
Trustees Deed
related
$1,375,000 · Zions First Nat'l Bk
Jun 19, 2017
$310,000
Tfc Dallas Jiffy LLC
Perry Dale A & C M Trust
Grant Deed
—
May 14, 1992
$43,500
Dale Perry
Unknown
Grant Deed
—
—
—
Dale A Perry
—
Deed Of Trust
related
$25,000 · Commercial Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 407 Ellendale Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
