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Property profile & analytics
FOR SALE
Commercial real estate
432 Highway 101 S, Rockaway Beach, OR 97136
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0894800
For Sale
1 / 58
$1,400,000
432 Highway 101 S, Rockaway Beach, OR 97136
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1940
Total area
3,707 SF
Lot
0.18 ac (7,841 SF)
Zoning code
C-1
APN
1N1005-BB-10103
UPID
US71-0894800
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
Ccc Development LLC · 3 yrs held
Ccc Development LLC
since 2023
Last sale
$295,000
5 recorded transactions
Zoning & alternative use
C-1 · Rockaway Beach, 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 Rockaway Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockaway Beach 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
$3,638
Tax year 2023
Assessed value
$362,480
Assessed 2023
Previous assessed
$351,930
+3.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$169,360
Assessed improvement
$193,120
Land market value
$154,840
Improvement market value
$356,350
Total market value
$511,190
Applied tax rate
5,602.0000
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 (GENERAL)
Status
For Sale
Year built
1940
Heating
NONE
Total area
3,707 SF
Lot
0.18 ac (7,841 SF)
Zoning code
C-1
APN
1N1005-BB-10103
UPID
US71-0894800
Jurisdiction
TILLAMOOK
Zoning & alternative use
C-1 · Rockaway Beach, OR
Zoning C-1 · permitted uses
C-1 · Rockaway Beach, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockaway Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
Ccc Development LLC
Entity
Mailing address
150 FORTUNE RD, NACHES, WA 98937-9782
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2023
$295,000
Ccc Development LLC
Tracey L Williams
Warranty Deed
$236,000 · Tracey Williams
Mar 8, 2023
—
Tracey L Williams
Tracey L Williams
Intrafamily Transfer
related
—
Nov 3, 2006
$385,000
Christian E Kitchin
Williams Tracey L
Warranty Deed
$173,250 · Williams Trust
Apr 21, 2006
$313,000
Tracey L Williams
Smith,michael T
Warranty Deed
$173,250 · Williams Trust
Mar 31, 2006
$120,000
Daniel J Classen
Short Dolores M Trust
Warranty Deed
—
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?”
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