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Property profile & analytics
OFF-MARKET
Estimated value
$5,535,000
Outlet malls
51536 2nd St Scappoose, OR 97056-4551
Entity Owned
10-yr Hold
Free & Clear
Property ID
US71-0398942
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2015
Total area
31,350 SF
Lot
2.89 ac (125,888 SF)
Zoning code
SC:MH
APN
3213-DB-00100
UPID
US71-0398942
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
-
Bi-Mart Membership Discount Stores Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.62M
Comparable Approach
Comparable
$5.45M
Blend (final)
Blend
$5.54M
Owner & transaction history
Alta Home Properties LLC · 10 yrs held
Alta Home Properties LLC
since 2016
6 recorded transactions
Zoning & alternative use
SC:MH · Scappoose, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.9M
+8.2%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$6,090,000
6.5%
$5,620,000
7%
$5,220,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,565,000
Current use
COMMERCIAL (GENERAL)
$3,855,000
Change: +8% · Conversion: Easy
RESTAURANT
$3,445,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$5.54M
Range $4.98M – $6.09M · ±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
$177 / 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
$68,578
Tax year 2023
Assessed value
$4,059,860
Assessed 2023
Previous assessed
$3,941,620
+3.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$1,088,520
Assessed improvement
$2,971,340
Land market value
$1,299,340
Improvement market value
$3,830,560
Total market value
$5,129,900
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
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2015
Heating
NONE
Total area
31,350 SF
Lot
2.89 ac (125,888 SF)
Zoning code
SC:MH
APN
3213-DB-00100
UPID
US71-0398942
Jurisdiction
COLUMBIA
Zoning & alternative use
SC:MH · Scappoose, OR
Zoning SC:MH · permitted uses
SC:MH · 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
RETAIL STORES Current
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.9M
RESTAURANT
Est. value
$3.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
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
Year built
2015
Heating
NONE
Lot
2.89 ac
Current owner
From public records · entity-resolved
Alta Home Properties LLC
Entity
Free & Clear · 10 yrs held
Mailing address
4047 SW GREENHILLS WAY, PORTLAND, OR 97221-3205
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2022
—
Alta Home Properties LLC
—
Deed
related
$2,950,000 · Zb NA
Jun 1, 2016
$4,317,000
Alta Home Properties LLC
Bi-mart Corp
Warranty Deed
—
May 21, 2015
$850,000
Bi-mart Corp
Malen Investments II LLC
Warranty Deed
—
Jul 28, 2014
—
Malen Investments II LLC
—
Deed Of Trust
related
$50,000 · St Helens Cmnty FCU
Jul 26, 2011
$288,000
Malen Investments II LLC
Willamette Property Holdings LLC
Special Warranty Deed
$345,000 · St Helens Community Federal Credit
May 18, 2006
$310,000
Rose Valley Cottages II LLC
Scharf Properties Ltd
Warranty Deed
—
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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