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Property profile & analytics
OFF-MARKET
Drive through restaurants
412 6th St, Grants Pass, OR 97526-2006
Trust Owned
19-yr Hold
~
Est. High Equity
Property ID
US71-1850767
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1922
Total area
2,800 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CBD; CENTRAL BUS DIST
APN
36-05-17-BC-010400
UPID
US71-1850767
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
-
Casablanca Coffee & Grill Restaurant
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
Pondelick Roy A & Tana Trust · 19 yrs held
Pondelick Roy A & Tana Trust
since 2006
3 recorded transactions
Zoning & alternative use
CBD; CENTRAL BUS DIST · Grants Pass, 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 Grants Pass submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grants Pass 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
$3,802
Tax year 2023
Assessed value
$284,230
Assessed 2023
Previous assessed
$275,960
+3.0% YoY
Effective rate
1.34%
On assessed value
Land market value
$247,200
Improvement market value
$76,560
Total market value
$323,760
Applied tax rate
13.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1922
Heating
FORCED AIR
Cooling
YES
Bathrooms
2
Total area
2,800 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CBD; CENTRAL BUS DIST
APN
36-05-17-BC-010400
UPID
US71-1850767
Jurisdiction
JOSEPHINE
Zoning & alternative use
CBD; CENTRAL BUS DIST · Grants Pass, OR
Zoning CBD; CENTRAL BUS DIST · permitted uses
CBD; CENTRAL BUS DIST · Grants Pass, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grants Pass. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1922
Heating
FORCED AIR
Cooling
Yes
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Pondelick Roy A & Tana Trust
Trust
Mailing address
PO BOX 343, MURPHY, OR 97533-0343
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2006
$505,000
Pondelick Roy A & Tana Trust
Clason Family Trust
Warranty Deed
$465,300 · Peoples Bank Of Commerce
Nov 18, 2004
—
Clason Trust
Clason,nicholas A & Karis M
Quit Claim Deed
related
—
—
—
Pondelick Roy A & Tana Trust
—
Deed Of Trust
related
$216,000 · Oregon Business Dev Corp
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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