Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Drive through restaurants
455 Oak Tree Ln Redmond, OR 97756-1833
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0550804
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2009
Total area
2,488 SF
Lot
0.62 ac (27,007 SF)
APN
151304 DD 00506
UPID
US71-0550804
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
$1.35M
Blend (final)
Blend
$1.35M
Owner & transaction history
Cft Developments LLC · 17 yrs held
Cft Developments LLC
since 2009
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$950,000
+3.2%
Commercial (general)
$930,000
+1.0%
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 Redmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redmond 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$920,000
Current use
AUTO REPAIR, GARAGE
$950,000
Change: +3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$930,000
Change: +1% · Conversion: Easy
RETAIL STORES
$815,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$541 / SF
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
$17,300
Tax year 2023
Assessed value
$871,710
Assessed 2023
Previous assessed
$821,680
+6.1% YoY
Effective rate
1.98%
On assessed value
Land market value
$502,930
Improvement market value
$1,303,060
Total market value
$1,805,990
Applied tax rate
2,001.0000
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
2009
Heating
NONE
Buildings
2
Total area
2,488 SF
Lot
0.62 ac (27,007 SF)
APN
151304 DD 00506
UPID
US71-0550804
Jurisdiction
DESCHUTES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$930,000
RETAIL STORES
Est. value
$815,000
RESTAURANT Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Buildings
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Cft Developments LLC
Entity
Mailing address
1683 WALNUT GRV AVE, ROSEMEAD, CA 91770-3711
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2017
—
Cft Nv Developments LLC
—
Deed
related
$910,000 · East West Bank
Jul 26, 2017
—
Cft Nv Developments LLC
—
Deed
related
$910,000 · East West Bank
Aug 5, 2010
—
Darren E Dickerhoof
—
Trustees Deed
related
—
Feb 18, 2009
$756,248
Cft Developments LLC
Dickerhoof,darren E & M Eugene
Warranty Deed
—
Apr 11, 2008
—
Darren E Dickerhoof
Redmond Canal Lot 200 LLC
Grant Deed
$2,900,000 · Umpqua Bank
May 11, 2006
$211,296
Redmond Canal Lot 200 LLC
Redmond Canal Lot 200 LLC
Warranty Deed
related
—
—
—
Cft Devs LLC
—
Deed Of Trust
related
$761,000 · Wing Lung Bank Ltd
—
—
Darren E Dickerhoof
—
Deed Of Trust
related
—
—
—
Darren E Dickerhoof
—
Deed Of Trust
related
—
—
—
Redmond Canal Lot 200 LLC
—
Deed Of Trust
related
—
—
—
Redmond Canal Lot 200 LLC
—
Deed Of Trust
related
$250,000 · Columbia River 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 455 Oak Tree Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
