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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Turn key restaurants
4907 Riv N Rd Keizer, OR 97303-4539
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US71-0409577
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1952
Total area
2,580 SF
Lot
0.08 ac (3,485 SF)
Zoning code
MU
APN
073W02BC00200
UPID
US71-0409577
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
$508k
Blend (final)
Blend
$505k
Owner & transaction history
Tom T Mesdag · 6 yrs held
Tom T Mesdag
since 2019
7 recorded transactions
Zoning & alternative use
MU · Keizer, 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 Keizer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Keizer 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
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$196 / 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
$2,914
Tax year 2023
Assessed value
$175,690
Assessed 2023
Previous assessed
$170,580
+3.0% YoY
Effective rate
1.66%
On assessed value
Land market value
$46,400
Improvement market value
$278,940
Total market value
$325,340
Applied tax rate
24,200.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1952
Heating
NONE
Stories
2
Total area
2,580 SF
Lot
0.08 ac (3,485 SF)
Zoning code
MU
APN
073W02BC00200
UPID
US71-0409577
Jurisdiction
MARION
Zoning & alternative use
MU · Keizer, OR
Zoning MU · permitted uses
MU · Keizer, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Keizer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Heating
NONE
Stories
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Tom T Mesdag
Individual
Mailing address
PO BOX 95, MONMOUTH, OR 97361-0095
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2019
$220,000
Tom T Mesdag
Nordyke Louis E
Grant Deed
$250,000 · Pioneer Tr Bk
Mar 31, 2008
—
Mesdag,tom T & Cheryl A
Mesdag,tom T & Cheryl A
Quit Claim Deed
related
$95,000 · Pioneer Tr Bk
Jan 11, 2001
$117,000
Tom T Mesdag
Pbr Ventures LLC
Grant Deed
—
Jan 6, 1999
—
Pbr Ventures LLC
Fullerton,rebecca D & Phyllis M
Grant Deed
related
—
Apr 13, 1998
$95,000
Rebecca D Fullerton
Robert A Macarthur LLC
Grant Deed
$57,000 · Commercial Bank
Sep 13, 1988
$39,000
Robert A Macarthur
Unknown
Grant Deed
—
—
—
Tom T Mesdag
—
Deed Of Trust
related
$9,000 · Pioneer Tr Bk
—
—
Tom T Mesdag
—
Loan Modification
related
—
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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