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Property profile & analytics
OFF-MARKET
Auto shops
435 6th St Klamath Falls, OR 97601-6115
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1902136
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Total area
5,000 SF
Lot
0.12 ac (5,227 SF)
Zoning code
GC
APN
R-3809-032AD-04800-000
UPID
US71-1902136
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
-
U baby house Housing Complex
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
Oliver R Spires · 7 yrs held
Oliver R Spires
since 2019
5 recorded transactions
Zoning & alternative use
GC · Klamath Falls, 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 Klamath Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Klamath Falls 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
$2,559
Tax year 2023
Assessed value
$154,690
Assessed 2023
Previous assessed
$145,820
+6.1% YoY
Effective rate
1.65%
On assessed value
Land market value
$20,130
Improvement market value
$330,410
Total market value
$350,540
Applied tax rate
14.0000
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
Heating
YES
Total area
5,000 SF
Lot
0.12 ac (5,227 SF)
Zoning code
GC
APN
R-3809-032AD-04800-000
UPID
US71-1902136
Jurisdiction
KLAMATH
Zoning & alternative use
GC · Klamath Falls, OR
Zoning GC · permitted uses
GC · Klamath Falls, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Klamath Falls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
YES
Lot
0.12 ac
Current owner
From public records · entity-resolved
Oliver R Spires
Individual
Mailing address
224 MTN VW BLVD, KLAMATH FALLS, OR 97601-1577
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Apr 25, 2019
$150,000
Oliver R Spires
Sixth Street LLC
Warranty Deed
$150,000 · Sixth Street LLC
Mar 2, 2012
—
Sixth Street LLC
Bibler,gerald J
Warranty Deed
related
—
Aug 10, 2007
$380,000
Sixth Street LLC
Owner Name Unavailable
Grant Deed
related
—
Jun 22, 2007
$295,000
Capstone Dev LLC
Klamath Pawn & Loan
Warranty Deed
—
—
—
Klamath Pawn & Loan Co
—
Deed Of Trust
related
$10,000 · South Valley Bank & Trust
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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