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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Office buildings
4610 3rd St Tillamook, OR 97141-2902
Entity Owned
Free & Clear
Property ID
US71-0546303
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
13,680 SF
Lot
2.06 ac (89,734 SF)
Zoning code
TM-C-H
APN
1S0929-00-00203
UPID
US71-0546303
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
$1.05M
Owner & transaction history
Tillamook County
Tillamook County
since 2026
4 recorded transactions
Zoning & alternative use
TM-C-H · Tillamook, 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 Tillamook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tillamook 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
$76 / 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
$11,971
Tax year 2023
Assessed value
$985,230
Assessed 2023
Previous assessed
$956,540
+3.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$384,440
Assessed improvement
$600,790
Land market value
$346,820
Improvement market value
$978,830
Total market value
$1,325,650
Applied tax rate
940.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Heating
NONE
Total area
13,680 SF
Lot
2.06 ac (89,734 SF)
Zoning code
TM-C-H
APN
1S0929-00-00203
UPID
US71-0546303
Jurisdiction
TILLAMOOK
Zoning & alternative use
TM-C-H · Tillamook, OR
Zoning TM-C-H · permitted uses
TM-C-H · Tillamook, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tillamook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Lot
2.06 ac
Current owner
From public records · entity-resolved
Tillamook County
Entity
Free & Clear · 0 yrs held
Mailing address
1500 MURRELET DR, REDMOND, OR 97756-8372
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2026
$2,475,000
Tillamook County
Sande Properties LLC
Special Warranty Deed
—
Jul 7, 2025
—
Sande Properties LLC
Phyllis M Sande
Deed
related
—
Aug 5, 2022
—
Neal K Sande
Neal K Sande
Intrafamily Transfer
related
—
Sep 21, 2012
—
Sande Neal K Trust
Daggett,wilfred
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.
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