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Property profile & analytics
OFF-MARKET
Office Spaces
445 24th St Ontario, OR 97914-3167
Individually Owned
6-yr Hold
Free & Clear
Property ID
US71-0025134
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2007
Total area
3,080 SF
Lot
0.24 ac (10,455 SF)
Zoning code
O-C2
APN
18S4708 2311
UPID
US71-0025134
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
-
Lonny Hytrek PC Accounting Firm Tax Preparation
-
Inspections, Inc. Home Inspector
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
Lonny Hytrek · 6 yrs held
Lonny Hytrek
since 2020
Last sale
$235,000
5 recorded transactions
Zoning & alternative use
O-C2 · Ontario, 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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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
$4,587
Tax year 2023
Assessed value
$298,223
Assessed 2023
Previous assessed
$289,537
+3.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$47,396
Assessed improvement
$250,827
Land market value
$89,440
Improvement market value
$638,330
Total market value
$727,770
Applied tax rate
1.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2007
Heating
NONE
Buildings
2
Total area
3,080 SF
Lot
0.24 ac (10,455 SF)
Zoning code
O-C2
APN
18S4708 2311
UPID
US71-0025134
Jurisdiction
MALHEUR
Zoning & alternative use
O-C2 · Ontario, OR
Zoning O-C2 · permitted uses
O-C2 · Ontario, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ontario. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Buildings
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Lonny Hytrek
Individual
Free & Clear · 6 yrs held
Mailing address
445 SW 24TH ST, ONTARIO, OR 97914-3167
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2020
$235,000
Lonny Hytrek
Ronald E Labrousse
Warranty Deed
—
Apr 21, 2020
—
Hytrek Investment Co LLC
Lonny Hytrek
Intrafamily Transfer
related
$202,500 · Columbia State Bank
Feb 21, 2008
$291,718
Ronald E Labrousse
Fwmt Developments LLC
Warranty Deed
$150,000 · Bank Of Eastern Oregon
Feb 21, 2008
$405,347
Petterson Properties LLC
Fwmt Development LLC
Warranty Deed
$341,400 · Intermountain Community Bank
Jan 17, 2007
$300,000
Fwmt Development LLC
Jan Iseri
Warranty Deed
$250,000 · Intermountain Community 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.
Try Rey
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