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Property profile & analytics
OFF-MARKET
Commercial real estate
482 Ctr St Sublimity, OR 97385-9701
Individually Owned
24-yr Hold
Absentee Owner
Property ID
US71-0242528
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1938
Total area
1,364 SF
Lot
0.5 ac (21,780 SF)
Zoning code
C
APN
081W34DC02000
UPID
US71-0242528
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
Richard M Champion · 24 yrs held
Richard M Champion
since 2002
4 recorded transactions
Zoning & alternative use
C · Sublimity, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to provide areas for the broad range of commercial operations and services required to meet the economic needs of the City of Sublimity.
Zone name
Commercial General
General category
COMMERCIAL
Zone area
60.63 ac
Source
Realmo
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 Sublimity submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sublimity 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,374
Tax year 2021
Assessed value
$157,450
Assessed 2023
Previous assessed
$111,970
+40.6% YoY
Effective rate
0.87%
On assessed value
Land market value
$130,680
Improvement market value
$105,160
Total market value
$235,840
Applied tax rate
29,180.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Off-Market
Year built
1938
Heating
BASEBOARD
Stories
1
Bathrooms
1
Total area
1,364 SF
Lot
0.5 ac (21,780 SF)
Zoning code
C
APN
081W34DC02000
UPID
US71-0242528
Jurisdiction
MARION
Zoning & alternative use
C · Sublimity, ORZoning C · permitted uses
C · Sublimity, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to provide areas for the broad range of commercial operations and services required to meet the economic needs of the City of Sublimity.
Zone name
Commercial General
General category
COMMERCIAL
Zone area
60.63 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1938
Heating
BASEBOARD
Stories
1
Bathrooms
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Richard M Champion
Individual
Mailing address
500 SW SUBLIMITY BLVD, SUBLIMITY, OR 97385-9629
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
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
Sep 20, 2019
—
Richard M Champion
—
Deed
related
$60,000 · Miscellaneous Govt Agcy
Jan 29, 2002
—
Richard M Champion
Champion,deborah L
Quit Claim Deed
related
$74,000 · Greenpoint Mortgage Funding
Aug 30, 1995
$67,500
Richard M Champion
Waldrum,m E & Lois O
Grant Deed
$64,100 · Bancplus Mortgage Corp
—
—
Richard M Champion
—
Deed Of Trust
related
$60,000 · Miscellaneous Govt Agcy
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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