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Property profile & analytics
OFF-MARKET
Industrial properties
4955 High Banks Rd, Springfield, OR 97478-6173
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US71-1018381
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
0.44 ac (19,166 SF)
Zoning code
HI-HEAVY INDUSTRIAL
APN
17-02-28-00-00700-000
UPID
US71-1018381
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
-
Johnsgard Construction Construction Company
-
D and T Autoworks Auto Repair Shop
-
NW Land Pros LLC Landscaping General Contractor
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
Madstein LLC · 6 yrs held
Madstein LLC
since 2019
7 recorded transactions
Zoning & alternative use
HI-HEAVY INDUSTRIAL · Springfield, 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 Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,129
Tax year 2024
Assessed value
$329,836
Assessed 2024
Previous assessed
$320,230
+3.0% YoY
Effective rate
1.86%
On assessed value
Land market value
$129,324
Improvement market value
$511,330
Total market value
$640,654
Applied tax rate
1,900.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.44 ac (19,166 SF)
Zoning code
HI-HEAVY INDUSTRIAL
APN
17-02-28-00-00700-000
UPID
US71-1018381
Jurisdiction
LANE
Zoning & alternative use
HI-HEAVY INDUSTRIAL · Springfield, OR
Zoning HI-HEAVY INDUSTRIAL · permitted uses
HI-HEAVY INDUSTRIAL · Springfield, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.44 ac
Current owner
From public records · entity-resolved
Madstein LLC
Entity
Mailing address
PO BOX 464, VENETA, OR 97487-0464
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2019
$559,000
Madstein LLC
Gardner,courtland J & Rochell
Warranty Deed
—
Jan 2, 2018
—
Gardner Family Trust
Gardner,courtland
Quit Claim Deed
related
—
Mar 4, 2008
—
Courtland Gardner
—
Trustees Deed
related
$100,000 · Liberty Bank
Feb 8, 2008
—
Courtland Gardner
—
Trustees Deed
related
$50,000 · Liberty Bank
May 31, 2002
—
Courtland Gardner
Gardner,guadalupe
Quit Claim Deed
related
$150,000 · Liberty Bank
Aug 27, 1997
$166,400
Courtland Gardner
Northwest Access Co
Grant Deed
$166,400 · Us Bank
—
—
Courtland Gardner
—
Deed Of Trust
related
$160,000 · William S & Rebecca S Mcalexander
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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