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Property profile & analytics
OFF-MARKET
Commercial real estate
4229 Bch Ave 16, Lincoln City, OR 97367-1508
Individually Owned
5-yr Hold
Free & Clear
Property ID
US71-1344543
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1970
Construction
WOOD
Total area
612 SF
APN
07-11-27-CA-81016-00
UPID
US71-1344543
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
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
James Laughlin · 5 yrs held
James Laughlin
since 2020
Last sale
$315,000
7 recorded transactions
Zoning & alternative use
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 Lincoln City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln City 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
$2,617
Tax year 2023
Assessed value
$153,260
Assessed 2023
Previous assessed
$148,800
+3.0% YoY
Effective rate
1.71%
On assessed value
Improvement market value
$275,400
Total market value
$275,400
Applied tax rate
402.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
NONE
Buildings
2
Bathrooms
1
Total area
612 SF
APN
07-11-27-CA-81016-00
UPID
US71-1344543
Jurisdiction
LINCOLN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
NONE
Buildings
2
Bathrooms
1
Current owner
From public records · entity-resolved
James Laughlin
Individual
Free & Clear · 5 yrs held
Mailing address
358 CRYSTAL SPGS LN N, KEIZER, OR 97303-3864
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2020
$205,000
James Laughlin
Deborah L Lasher-hardy
Warranty Deed
—
Dec 28, 2016
—
Zhalan LLC
Zhalan LP
Quit Claim Deed
related
—
Dec 28, 2016
$165,000
Lasher-hardy,deborah L Trust
Zhalan LLC
Warranty Deed
—
Sep 22, 2014
—
Zhalan Llce
Zhalan LP
Quit Claim Deed
related
—
Dec 30, 2008
—
Zhalen
Butler,larry C
Warranty Deed
related
—
Nov 25, 2008
—
Larry C Butler
Butler Frances B Trust
Quit Claim Deed
related
—
May 5, 2008
$185,400
Larry C Butler
Butler Frances B Trust
Grant Deed
related
—
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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