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Property profile & analytics
OFF-MARKET
Specialty properties
410 Monmouth St, Independence, OR 97351-1940
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0570307
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1964
Total area
2,924 SF
Lot
0.45 ac (19,602 SF)
Zoning code
RS
APN
08428-BA-12500
UPID
US71-0570307
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
-
Farnstrom Mortuary Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Clearstone Mem Ptrs Oregon Fun · 5 yrs held
Clearstone Mem Ptrs Oregon Fun
since 2021
Last sale
$290,000
7 recorded transactions
Zoning & alternative use
RS · Independence, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Independence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Independence 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,381
Tax year 2023
Assessed value
$333,480
Assessed 2023
Previous assessed
$323,770
+3.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$74,160
Assessed improvement
$259,320
Land market value
$155,380
Improvement market value
$394,960
Total market value
$550,340
Applied tax rate
1,303.0000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1964
Heating
NONE
Total area
2,924 SF
Lot
0.45 ac (19,602 SF)
Zoning code
RS
APN
08428-BA-12500
UPID
US71-0570307
Jurisdiction
POLK
Zoning & alternative use
RS · Independence, OR
Zoning RS · permitted uses
RS · Independence, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Independence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Lot
0.45 ac
Current owner
From public records · entity-resolved
Clearstone Mem Ptrs Oregon Fun
Individual
Mailing address
1905 WOODY DR, WINDERMERE, FL 34786-8016
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2021
$290,000
Clearstone Mem Ptrs Oregon Fun
Stonemor Oregon Subsidiary LLC
Grant Deed
—
Nov 7, 2019
—
Stonemor Oregon Subsidiary LLC
—
Deed
related
$385,000 · Wilmington Tr NA
Sep 14, 2016
—
Stonemor Oregon Subsidiary LLC
—
Deed
related
$310,000 · Capital One NA
Jul 6, 2012
$374,113
Farnstrom Properties LLC
Farnstrom Ents INC
Grant Deed
—
Jul 6, 2012
—
Stonemor Oregon Subsidiary LLC
Farnstrom Properties LLC
Grant Deed
$130,000,000 · Bank Of America California NA
May 21, 1999
—
Farnstrom Mortuary INC
Farnstrom,maurice O & Starla M
Quit Claim Deed
related
$100,000 · Sterling Savings Bank
Mar 17, 1993
$225,000
Farnstrom Mortuary INC
Unknown
Grant Deed
—
—
—
Stonemor Oregon Subsidiary LLC
—
Loan Modification
related
$250,000,000 · Bank Of America
—
—
Stonemor Oregon Subsidiary LLC
—
Deed Of Trust
related
$385,000 · Wilmington Tr NA
—
—
Stonemor Oregon Subsidiary LLC
—
Deed Of Trust
related
$310,000 · Capital One NA
—
—
Farnstrom Mortuary INC
—
Deed Of Trust
related
$234,464 · Sterling Savings 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.
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