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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Turn key restaurants
51511 2nd St, Scappoose, OR 97056-4551
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US71-0890433
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Total area
5,320 SF
Lot
0.98 ac (42,689 SF)
Zoning code
SC:EC
APN
3213-DB-00202
UPID
US71-0890433
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
-
Fultano's Pizza Restaurant
-
Taco Bell Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$842k
Blend (final)
Blend
$630k
Owner & transaction history
Black Rock Investment Properties Ll · 14 yrs held
Black Rock Investment Properties Ll
since 2011
2 recorded transactions
Zoning & alternative use
SC:EC · Scappoose, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$655,000
+12.0%
Retail stores
$605,000
+3.5%
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 Scappoose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scappoose 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
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$585,000
Current use
COMMERCIAL (GENERAL)
$655,000
Change: +12% · Conversion: Easy
RETAIL STORES
$605,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$515,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$118 / 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
$23,588
Tax year 2023
Assessed value
$1,387,730
Assessed 2023
Previous assessed
$1,347,320
+3.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$698,700
Assessed improvement
$689,030
Land market value
$728,280
Improvement market value
$775,660
Total market value
$1,503,940
Applied tax rate
1.0000
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
Heating
NONE
Total area
5,320 SF
Lot
0.98 ac (42,689 SF)
Zoning code
SC:EC
APN
3213-DB-00202
UPID
US71-0890433
Jurisdiction
COLUMBIA
Zoning & alternative use
SC:EC · Scappoose, OR
Zoning SC:EC · permitted uses
SC:EC · Scappoose, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Scappoose. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$585,000
COMMERCIAL (GENERAL)
Est. value
$655,000
RETAIL STORES
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$515,000
RESTAURANT Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Lot
0.98 ac
Current owner
From public records · entity-resolved
Black Rock Investment Properties Ll
Entity
Mailing address
770 E COLUMBIA RIV HWY, CLATSKANIE, OR 97016-2875
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2011
—
Black Rock Investment Properties Ll
Toby D Harris
Bargain And Sale Deed
$1,449,734 · St Helens Community Federal Credit
—
—
Black Rock Inv Props LLC
—
Loan Modification
related
$1,604,765 · St Helens Cmnty FCU
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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