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Property profile & analytics
OFF-MARKET
Office Spaces
508 Cascade Ave, Hood River, OR 97031-2088
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-0635556
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2002
Total area
960 SF
Lot
0.02 ac (871 SF)
Zoning code
C2
APN
3N10E25CD 4105
UPID
US71-0635556
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
508 Cascade Avanue LLC · 3 yrs held
508 Cascade Avanue LLC
since 2023
7 recorded transactions
Zoning & alternative use
C2 · Hood River, 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 Hood River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hood River 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,075
Tax year 2023
Assessed value
$271,700
Assessed 2023
Previous assessed
$263,790
+3.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$100,910
Assessed improvement
$170,790
Land market value
$133,930
Improvement market value
$344,440
Total market value
$478,370
Applied tax rate
13.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2002
Heating
NONE
Total area
960 SF
Lot
0.02 ac (871 SF)
Zoning code
C2
APN
3N10E25CD 4105
UPID
US71-0635556
Jurisdiction
HOOD RIVER
Zoning & alternative use
C2 · Hood River, OR
Zoning C2 · permitted uses
C2 · Hood River, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hood River. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Lot
0.02 ac
Current owner
From public records · entity-resolved
508 Cascade Avanue LLC
Entity
Free & Clear · 3 yrs held
Mailing address
14441 N 29TH ST, PHOENIX, AZ 85032-5003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
May 17, 2023
—
508 Cascade Avanue LLC
Roger Bisnett
Bargain And Sale Deed
—
Aug 10, 2020
—
Roger S Bisnett
—
Deed
related
$1,128,000 · Bank Of The Pacific
Oct 26, 2016
—
Roger Bisnett
—
Deed
related
$250,000 · Banner Bk
Jul 28, 2015
—
Roger Bisnett
—
Trustees Deed
related
$200,000 · Banner Bk
May 28, 2013
—
Roger Bisnett
Bisnett,linda
Quit Claim Deed
related
—
—
—
Roger Bisnett
—
Loan Modification
related
$166,000 · Banner Bank
—
—
Roger Bisnett
—
Loan Modification
related
$250,000 · Banner Bk
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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